LARGE SHAREHOLDING DISCLOSURE

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Reference is made to announcement 13 September 2021 regarding Aker Capital AS’ undertaking to accept voluntary offer from Octopus Bidco AS (the “Bidder”). Aker Capital AS is a subsidiary of Aker ASA. The Bidder is a company indirectly wholly owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates. The voluntary offer is accepted for all of Aker Capital AS’ 108,066,832 shares in Ocean Yield ASA, representing 61.65% of the outstanding shares in the company. 
 
The acceptance period has expired and the Bidder has announced that the closing conditions relating to minimum acceptance, regulatory approvals, and change of control consents have been fulfilled and that completion of the offer will be made on or before 3 December 2021. Following such completion Aker Capital AS will hold no shares or rights to shares in Ocean Yield ASA or in companies in which Ocean Yield ASA directly or indirectly holds shares.
 
This information is subject to disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.

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