Aker Solutions ASA: Result of Bond Buy-Back

March 15, 2022 - Reference is made to the stock exchange release published by Aker Solutions ASA (the "Company") on March 11, 2022, regarding a contemplated buy-back of the AKSO03 bond.

The "Reverse Dutch Auction" closed at 16:00 CET, March 15, 2022. The Company has decided to accept all offers up to and including a price of 100.80% of par value plus accrued unpaid interest (the "Buy-Back Price"). Aker Solutions hereby confirms to buy back bonds with a nominal value of NOK 316 million by paying the Buy-Back Price.

Cash settlement for the repurchase is expected to occur on Friday, March 18, 2022. Following the buy-back, Aker Solutions holds AKSO03 bonds for a total nominal amount of NOK 466 million.

DNB Markets and SEB acted as Managers for the buy-back.

ENDS

Head of Investor Relations:
Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com

Head of Treasury:
Arild F. Andersen, mob: +47 90 97 68 33, email: arild-f.andersen@akersolutions.com

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 15,000 people in more than 20 countries.

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This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com

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