Hunter Group ASA - Mandatory Notification of Trade - Primary Insider

Following registration of the share capital increase pertaining to the Private Placement, the Company will have a share capital of NOK 460,822,516.25 divided into 368,658,013 shares, each with a nominal value of NOK 1.25.

The following primary insiders of the Company have conditionally been allocated New Shares in the Private Placement, each such share allocated at the Subscription Price:

Apollo Asset Ltd., a company controlled by Mr. Arne Fredly (board member in the Company), was allocated 31,250,000 New Shares. After completion of the Private Placement, Apollo Asset Ltd. will own 99,925,607 shares in the Company, corresponding to a shareholding of approximately 27,1 % before the subsequent offering.