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Regulatory press release

Bouvet ASA - Mandatory Notification of Trades by Primary Insiders

Bouvet
In connection with the ordinary share purchase program of Bouvet ASA, primary
insiders in the company have subscribed for a total of 3,900 shares at a price
of NOK 46.0150 per share. This price represents a 20 percent discount compared
to the average market price during the subscription period.

Furthermore, as part of the share purchase program for senior executives,
primary insiders have subscribed for 4,680 shares at a price of NOK 57.5534 per
share, without any discount.

In addition, 8,077 bonus shares have been allocated to primary insiders who
participated in the 2022 share purchase program. These bonus shares are free of
charge for the recipients.

A detailed overview of the transactions is provided in the attached document.

The transactions are expected to be completed by 4 December 2025.

For further information, please contact: - Steffen Garder, CFO, T: +47 930 99
940, E: steffen.garder@bouvet.no
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