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Regulatory press release

AFK: Trade primary insiders

Arendals Fossekompani
As part of its long-term incentive plan, Arendals Fossekompani ASA (AFK) has
sold a total of 20.761 shares to members of its executive management team. The
shares were sold at a price of NOK 139.40 per share, equal to the AFK share
price as of the first trading day of 2025 adjusted for dividend payouts in the
period. The shares are subject to a lock-up until 1 January 2028.
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