BlueNord ASA - Mandatory notification of trade

Oslo, 31 May 2023: Funds managed by Kite Lake Capital Management (UK) LLP (“Kite Lake”), close associate of Jan Lernout, a member of the board of directors of BlueNord ASA ("BlueNord" or the "Company"), has on 31 May 2023 sold 202,827 shares in the Company at a price of NOK 384.50 per share. Following the transaction, Kite Lake holds a total of 5,016,758 shares in the Company, equivalent to approximately 19.15% of the Company's shares, excluding ownership in outstanding convertible bonds issued by BlueNord. Please see attached notification form in accordance with the Market Abuse Regulation article 19. 

This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and Section 5 -12 the Norwegian Securities Trading Act. 

***