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Regulatory press release

Axactor ASA: Mandatory Notification of Trade by Primary Insider

Axactor
Oslo, 17 February 2025

Johnny Tsolis, CEO in Axactor ASA, has on Friday 14th of February acquired
400,000 shares in the Company at an average price of 3,9477 per share. After
this transaction Johnny Tsolis controls 2 170 000 shares in the Company directly
or indirectly through a company under his control.

Please refer to the attached notification of the transaction for further
details.

This information is subject to the disclosure requirements in Regulation EU
596/2014 article 19 number 3 and the Norwegian Securities Trading Act section
5-12.
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