Multiconsult initiates share buyback in connection with employee share purchase programme

Multiconsult ASA ('Multiconsult') has decided to initiate a share buyback programme for approximately 500 000 shares in the market in connection with its employee share purchase programme. The buyback program will be conducted in accordance with the authorisation provided by the ordinary general meeting to the board of directors on 25 April 2019.

The buyback will be executed through a reverse Dutch auction at a price of maximum 64.00 NOK per share on Oslo Børs. The programme will be initiated today and terminated on Friday 29 November 2019 at 15:00 CET.

Arctic Securities has been engaged to execute the auction and shareholders wanting to sell shares can
contact Arctic Securities at phone: +47 22 93 72 41 / +47 47 24 58 38."

The shares purchased under this programme will be used for Multiconsult’s employee share purchase programme as approved by the ordinary general meeting on 25 April 2019.

For further information, please contact:

   Investor relations:
   Mirza Koristovic, Head of Investor Relations and Finance
   Phone: +47 938 70 525
   E-mail: ir@multiconsult.no

   Media:
   Gaute Christensen, VP Communications
   Phone: +47 911 70 188
   E-mail: gaute.christensen@multiconsult.no

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