Saga Pure: Financial update

(Oslo, 22 April 2024)

The Board of Directors of Saga Pure ASA (Saga Pure, OSE: SAGA) has today concluded on an impairment of the Company's investment in Heimdall Power AS in the amount of MNOK 37.8. The impairment will be included as part of the result for 2023 in the Annual Report for 2023. The Annual Report will be released before opening of markets on 23 April 2024, and will contain further information with regards to the impairment. The impairment will decrease the Group's equity with MNOK 37,8 compared to numbers as reported in the Company's Q4 2023 Financial Report published on 15 February 2024.

For additional information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

About Saga Pure | www.sagapure.com

Saga Pure ASA is an investment company with a broad investment mandate.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Espen Lundaas, CEO, Saga Pure ASA, 22 April 2024 16:45 CET.