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Regulatory press release

Declaration of Holdings - HERMANA HOLDING ASA

Hermana Holding
(ISIN: NO0013401380, ticker HERMA)

Pursuant to Section 4-2 of the Norwegian Securities Trading Act
(verdipapirhandelloven) and
Section 4-1 of the Securities Trading Regulations (verdipapirforskriften), we
hereby disclose the
following information on behalf of Tigerstaden AS and its controlled
subsidiaries.

Triggering event: On 2 September 2025, Alundo Invest AS (a controlled subsidiary
of Tigerstaden
AS) disposed of 153 861 shares in Hermana Holding ASA ("the Company"). This
transaction
caused the consolidated holding of Tigerstaden AS and its subsidiaries to fall
below the 5%
threshold of the total share capital and voting rights.

Date of threshold crossing: 2 September 2025

Number of shares concerned by the transaction: 153 861
Resulting situation after the transaction:

Tigerstaden AS and its controlled subsidiaries, now hold a total of 664 285
shares in the Company,
corresponding to approximately 4.95% of the share capital and voting rights
(based on 13 418 740
issued shares).

Remaining shares are held through the following controlled undertakings:
- Tigerstaden AS
- Boolean AS (subsidiary)
- Tigerstate Capital AS (subsidiary)
- Leoville AS (subsidiary)
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