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Magnora Data Center ASA: Share capital increase registered

MDATARegulatoriskt pressmeddelande2026-09-01 10:37
1.9.2026 10:37:20 CEST | Magnora Data Center ASA | Total number of voting rights
and capital

Reference is made to the stock exchange announcement 31 August 2026 and the
decision by the Board of Directors to issue new shares.

The share capital increase has now been registered with the Register of Business
Enterprises and the new, registered share capital of Magnora Data Center ASA is
NOK 6,079,599.96, divided into 101,326,666 shares, each with a nominal value of
NOK 0.06.

DISCLOSURE REGULATION

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

CONTACTS

* Erik Sneve, Chairman of the Board, Magnora Data Center ASA, es@magnoraasa.com


ABOUT MAGNORA DATA CENTER ASA

Magnora Data Center focuses on developing medium to large-scale data center
projects, and on operating data center capacity through our subsidiary
Storespeed. We assess a wide range of opportunities before selecting or
initiating projects. For our development projects, the strategy is to exit when
projects reach ready-to-build or near-ready stages - bringing in operators,
hyperscalers or infrastructure investors to take projects through construction
and operations. For Storespeed, we operate and grow the asset directly, with
co-location, AI hosting and sovereign cloud as core services. Growth is
primarily organic, driven by a pragmatic and disciplined approach to project
selection and execution.

The group's revenue model combines project sales og milestone payments with
recurring revenues from Storespeed operations. Project sale revenues may
fluctuate based on market conditions and timing, while underlying value creation
remains steady, driven by a growing project portfolio, grid applications,
permitting progress, and the build-out of operational capacity. Magnora Data
Center was during the spring of 2026 established as a separate group but still
with Magnora ASA as a parent company, and building on Magnora's track record of
value creation in renewables and infrastructure since 2019.

Magnora Data Center is listed on Euronext Growth Oslo, with ticker MDATA.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17850865/19046641/16600/Download%20announc
ement%20as%20PDF.pdf
/ir-files/17850865/19046641/16600/Download%20announc\
ement%20as%20PDF.pdf\