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Regulatory press release

RCR: Recreate ASA is placed in Penalty Bench

Recreate
Oslo Børs has taken the decision to place Recreate ASA in Penalty Bench, cf.
section 3.8.3 of the Euronext Growth Oslo Rule Book II. The equity issued by
Recreate ASA is placed in Penalty Bench with immediate effect due to failure to
comply with Euronext Growth Oslo Rule Book II section 3.12.2, public disclosure
of the annual report.

Penalty Bench is a special compartment where the securities of issuers that do
not comply with the Rules are placed. Oslo Børs will remove securities from the
Penalty Bench and allocate the securities to the normal compartment when the
issuer has corrected the violation of the Rules that was the reason for
allocating the security to the Penalty Bench.