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Regulatory press release

NORSE - Shareholder disclosure notification

Norse Atlantic
Reference is made to the stock exchange announcements published by Norse
Atlantic ASA on 29 November 2024 regarding the private placement of 19,278,576
new shares in the Company directed towards B T Larsen & Co Ltd, Scorpio Holdings
Limited (SHL) now holds 27,272,419 shares in Norse Atlantic ASA, representing
approximately 18.45% of the issued share capital and votes in the Company. This
calculation is based on 147,802,416 shares in issue.
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