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ELMRA: Large Shareholder Disclosure

ELMRARegulatory press release13.08.2026, 16.17
On the 12th August 2026, Sand Grove Capital Management LLP, disposed of the
following financial instruments in Elmera Group ASA (NO0010815673):

1,250,000 shares (cash settled financial instruments) at 45.6 NOK
3,461 shares (cash settled financial instruments) at 45.6 NOK

Sand Grove Capital Management LLP, through the Sand Grove Opportunities Master
Fund Ltd fund, the Investment Opportunities SPC for the account of Investment
Opportunities 2 Segregated Portfolio fund, the Prelude Structured Alternatives
Master Fund LP fund, the QSMA Torus SP fund, the Amundi Sand Grove Event Driven
fund, the Boothbay Diversified Alpha Master Fund LP fund, the Boothbay Absolute
Return Strategies LP fund and the Dockside Diversified Fund LP fund, has
exposure to 5,415,772 shares, which is equivalent to 4.736% of the total shares
outstanding.

Sand Grove Capital Management LLP has full voting discretion over 5,030,772
shares and exposure to the remaining 385,000 shares are held via cash settled
financial instruments.
cash settled\
financial instruments.\