With reference to notice on 15 April 2026 regarding a request for an
extraordinary general meeting (the EGM), the Board has received a new request
from shareholder Anti-Gravity AS to include a proposal for an investigation
pursuant to the Norwegian Companies Act section 5-25. The investigation
requested relates to the board and managements actions in the period from 15
April to 15 May 2026, and specifically whether the share purchases made by
persons discharging managerial responsibilities (PDMRs) on 16 April 2026 have
occurred within a closed period and whether their handling of the EGM request
and the trades may represent a breach of the equal treatment and fiduciary
principles.
The request rests on an incorrect reading of MAR Art. 19(11) and otherwise has
no merit or basis in applicable law. MAR Art. 19(11) defines closed periods in
relation to a mandatory interim financial report or a year-end report which the
issuer is obliged to make public. Q1 reports published voluntarily by the
Company do not constitute mandatory financial reporting under MAR. Furthermore,
the trades were agreed and executed after publication of the request for the
EGM.
Notwithstanding that the investigation request concerns legal assertions lacking
merit, rather than factual matters, and that it was submitted after the deadline
for proposing agenda items, the Board intends to nonetheless include the
proposal on the agenda as requested. The notice of the EGM will be published on
21 April 2026 and will set out the Board's recommendations to the general
meeting.