Aker Solutions ASA: Sale of Own Shares for Manager Share Purchase Program

December 1, 2023 — Aker Solutions ASA (“Aker Solutions”) has sold own shares in connection with the company’s manager share purchase program for 2023.

The program entitled selected managers of the company in Norway to purchase shares of Aker Solutions for upfront cash payment and without any discount or price reduction offered. Participants who remain employed and have not sold any program shares as of December 31, 2026, will, however, receive matching shares in the ratio 1:2; one matching share for every two shares acquired under the program.

The program was launched by Aker Solutions on November 15, 2023. The subscription period started on the same day and ended on November 24, 2023. Shares under the program were allocated today, December 1, 2023, at a price of NOK 41.4094 per share which was the average volume-weighted share price of Aker Solutions on Euronext Oslo Børs from and including November 24, 2023 to and including November 30, 2023.

Aker Solutions sold a total of 254,460 own shares to participants under the program, leaving the company with a holding of 2,719,149 own shares.

ENDS