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Regulatory press release

Treasure ASA: Liquidation of own shares

Treasure
In accordance with the resolution of the Annual General Meeting on 15 March
2022, Treasure ASA has today technically liquidated 6.000.000 own shares,
representing a reduction in the share capital NOK 600.000.

The share capital subsequent to the capital reduction is NOK 20.783.500, divided
into 207.835.000 shares with a par value of NOK 0,10 each.

Updated Articles of Association (Norwegian and English) are enclosed and will be
published on www.treasureasa.com shortly.

For further information, please contact:

Magnus Sande, CEO Treasure ASA, + 47 91555051 or info@treasureasa.com
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