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Axactor AB - Mandatory Notification of Trade

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Oslo 3 October, 2016 - CEO of the Company Endre Rangnes has 
today through his 100% owned company Alpette AS purchased 
2,788,244 shares in the Company at an average price of 2.5105 
per share. After this transaction Mr. Rangnes controls 
15,338,244 shares in the Company.

In addition Susanne Lene R. Schneider, who is a related 
party to Mr. Endre Rangnes, has today purchased 398,320 
shares at an average price of 2.5105 per share. After this 
transaction Mrs. Schneider controls 398,320 shares in the 
Company.

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