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Regulatory press release

Selvaag Bolig ASA - result of offer to buy back shares

Selvaag Bolig
Reference is made to the stock exchange release dated 21 September 2023
regarding an offer to buy back up to 1 million shares. Selvaag Bolig has
purchased 816 108 shares at a price of NOK 30 per share. Subsequent to the
purchase the company holds 860 878 treasury shares.

The share buyback was carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR"), and conducted in accordance with the
mandate provided by the company's AGM.

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About Us
Selvaag Bolig ASA is a residential property developer controlling the entire
value chain from acquisition of land to sale of homes. The company has several
thousand homes under development at any given time, and focuses on the growth
areas in and around Greater Oslo, Bergen, Stavanger, Trondheim and Stockholm.
Selvaag Bolig represents a continuation of Selvaag's 75-year history and
experience, and offers a broad variety of property types. The company is
headquartered at Ullern in Oslo.
www.selvaagboligasa.no/en

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This release was distributed by Kristoffer Gregersen, EVP communications and
sustainability, Selvaag Bolig ASA.

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For further information:
Sverre Molvik, CEO
Telephone: +47 40 10 05 85, e-mail: smo@selvaagbolig.no

Christopher Brunvoll, CFO
Telephone: +47 98 82 92 22, e-mail: chbr@selvaagbolig.no
(mailto:chrb@selvaagbolig.no)

Kristoffer Gregersen, EVP communications, sustainability and corporate
strategy,
Telephone: +47 95 77 55 93, e-mail: kgr@selvaagbolig.no

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2023-09-21 17:24 CEST.
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