Saga Pure ASA – Update on mandatory offer on S.D. Standard ETC

Reference is made to the announcement made by Saga Pure ASA ("Saga" or the "Offeror") on 4 March 2025 regarding the Offeror's investment in S.D. Standard ETC Plc ("SDSD" or the "Company"), which implied that the Offeror is required to present a mandatory offer for all remaining shares in SDSD, and informed that Saga intends to launch a mandatory offer for all remaining shares in SDSD (the "Mandatory Offer").

The offer document for the Mandatory Offer is expected to be approved by the Norwegian Financial Supervisory Authority of Norway over the next few days. The acceptance period for the Mandatory Offer will commence the first trading day following approval of the offer document.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act