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Regulatory press release

BBERG: New shareholder in Beerenberg.

Beerenberg
Beerenberg announces that Altrad Investment Authority has become a 24.7%
shareholder in Beerenberg following the sale of approximately 6 million shares
by Segulah and Alpinvest on July 5, 2024. For more information on Altrad, visit
www.altrad.com.

For further information, please contact:

Arild Apelthun, CEO
Tel. +47 918 19 265
E-mail: arild.apelthun@beerenberg.com

About Beerenberg AS
Beerenberg has delivered cost efficient solutions to a wide range of industrial
enterprises for 47 years. Beerenberg is one of the leading suppliers of
maintenance and modifications services on the Norwegian Continental Shelf as
well as a global provider of insulating products. The GroupŽs expertise covers
the entire life cycle of the petroleum industry from field studies and newbuilds
to maintenance, modifications, and lifetime extensions. The operational
activities are organized in Beerenberg Services and its subsidiaries.
Headquartered in Bergen, Beerenberg has offices in Stavanger and Skien in Norway
and in Poland, UK, South-Korea, Thailand, Brazil, and Singapore.

To learn more, please visit www.beerenberg.com.
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