Multiconsult ASA - share buy-back programme

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Multiconsult ASA ("Multiconsult") initiates a non-discretionary share buy-back programme (the "Programme") in connection with the share loan agreement with its largest shareholder Stiftelsen Multiconsult ("Stiftelsen") and expected annual management bonus compensation programme.

With regards to the share loan agreement reference is made to the stock market announcement on 5 December 2022, where Multiconsult announced a share loan agreement under which Multiconsult borrowed 230 000 of its ordinary shares from Stiftelsen in connection with its employee share purchase programme in 2022. Multiconsult will deliver the full amount of shares back to Stiftelsen no later than six months from the date of agreement.

The buy-back Programme comprises a repurchase of up to 260 000 of Multiconsult's own shares to a total value of up to NOK 42 000 000. The Programme will be managed by ABG Sundal Collier, which will make its trading decisions in relation to the shares independently of, and uninfluenced by Multiconsult. This may result in Multiconsult buying shares through periods where the company otherwise would have been restricted. The buy-back Programme will be in force from 4 January 2023 until the earlier of the maximum number of shares as set out above has been acquired, or 5 June 2023. The shares will be repurchased in accordance with the authorisation given by Multiconsult's annual general meeting to the board of directors on 7 April 2022. The authorisation is valid until Multiconsult's annual general meeting in 2023. Should the authorisation not be renewed by the annual general meeting, the Programme will be terminated at that time.

Multiconsult currently owns a total of 28 013 its own shares, corresponding to 0.10 per cent of Multiconsult's share capital.

For further information, please contact:

   Investor relations:
      Pål-Sverre Jørgensen, Group Treasurer & Investor Relation Officer
      Phone: +47 416 11 161
      E-mail: /

      Gaute Christensen, VP Communications
      Phone: +47 911 70 188

The buy-back program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation"). This is information that Multiconsult is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.