Regulatory press release

Magnora ASA: Mandatory notification of trade - Board members and COO buy shares

6.5.2026 07:30:02 CEST | Magnora ASA | Mandatory notification of trade primary
insiders

John Hamilton, Board member in Magnora ASA, has purchased 30,000 shares in
Magnora ASA on 5 May 2026 at NOK 29.00 per share. Following this acquisition,
John Hamilton controls 63,837 shares in Magnora ASA, which equals 0.09 per cent
of the issued shares and votes in the company, after the private placement
completed on the same day.

Hilde Ådland, Board member in Magnora ASA, has purchased 20,000 shares in
Magnora ASA on 5 May 2026 at NOK 29.00 per share. Following this acquisition,
Hilde Ådland controls 62,445 shares in Magnora ASA, which equals 0.09 per cent
of the issued shares and votes in the company, after the private placement
completed on the same day.

Stein Bjørnstad, COO in Magnora ASA, has purchased 10,000 shares in Magnora ASA
on 5 May 2026 at NOK 29.00 per share. Following this acquisition, Stein
Bjørnstad controls 46,685 shares in Magnora ASA, which equals 0.06 per cent of
the issued shares and votes in the company, after the private placement
completed on the same day.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Erik Sneve, CEO, email: es at magnoraasa.com

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery
projects, as well as a data center operator. Magnora has operations in Europe
and Africa through the portfolio companies Magnora Data Center AS, Magnora Data
Center AB, Storespeed AS, Hafslund Magnora Sol AS, Magnora Offshore Wind AS,
Magnora Germany, Magnora Italy Srl., Magnora Solar PV UK, Magnora South Africa,
and AGV. Magnora also has earn-out revenues related to the former portfolio
companies Helios Nordic Energy and Evolar. Magnora is listed on the main list of
the Oslo Stock Exchange under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18890864/9241/Download%20announce
ment%20as%20PDF.pdf