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Regulatory press release

HAV: Completed repurchase program for HAV Group ASA

HAV Group
Reference is made to the stock exchange announcement from HAV Group ASA ("HAV"
or the "Company") of 24 May 2023 regarding the continuation of the repurchase
program of up to 7,000,000 own shares. The repurchase program is now completed.

The following repurchases have been made in accordance with the "safe harbor"
rules, which includes a limitation of 25% of the average daily volume traded in
the last 20 trading days:

Date Volume Average price Total cost (NOK)

29.02.24 1.000 11,1000 11.100,00
01.03.24 5.857 11,4241 66.910,95
04.03.24 2.205 11,5567 25.482,52
05.03.24 2.707 11,5962 31.390,91
06.03.24 2.962 11,3850 33.722,37
07.03.24 3.000 11,1667 33.500,10
08.03.24 3.579 11,1796 40.011,79

Total previously published repurchases under the program:

4.491.464 12,3796 55 602 491,49

Total repurchases under the program:

4.512.774 12,3748 55 844 610,13

A detailed overview of all completed transactions under the repurchase program
carried out during the above time period is attached hereto and available at
www.newsweb.no.

At present date, HAV owns 3.498.593 treasury shares in the Company,
corresponding to 9.996 % of HAV's share capital.

For further information, please contact:
Gunnar Larsen, CEO
Tel: +47 90 10 56 94
Email: gunnar.larsen@havgroup.no

This information is published in accordance with the Market Abuse Regulation
(EU) 596/2014 Article 5, as supplemented by delegated Commission Regulation (EU)
2016/1052, and is subject to disclosure requirements in accordance with the
Securities Trading Act § 5-12.
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