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Regulatory press release

Mandatory notification of trade - Exercise of employee share options in AF Gruppen ASA

AF Gruppen
Reference is made to the announcement regarding a share capital increase in
connection with redemption of employee share options according to the Power of
Attorney given by the General Meeting 15.05.2025.

A total of 3,614,814 share options have been exercised by 1,002 AF Gruppen
employees. Average strike price for the options was NOK 133.39. The number of
outstanding unexercised options in AF Gruppen ASA after today's transactions is
0.

Primary insiders in AF Gruppen have in connection with exercising share options
bought 212,697 shares in AF Gruppen ASA. Please see enclosure for detailed
summary of primary insiders' transactions and holdings.


For further information: Executive Vice President / CFO, Anny Øen, tel. +47 982
23 116


This information is subject to disclosure requirements pursuant to Article 19 of
the EU Market Abuse Regulation (MAR) and Section 5-12 of the Securities Trading
Act.
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