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Regulatory press release

Fjord Defence Group ASA - Mandatory notification of trade

Fjord Defence Group
Oslo, 29 January 2026

William Zahl Hjorteseth, a close associate of COO and primary insider Kristian
Zahl, has on 28 January 2026 purchased 3,870 shares in Fjord Defence Group ASA
at a price of NOK 16.80 (rounded) per share. Following the transaction, William
Zahl Hjorteseth owns 3,870 shares in Fjord Defence Group ASA.

See the enclosed form for further details.

For more information please contact:

Jon Asbjørn Bø
jab@fjorddefence.com
+47 930 86 932


* * *

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation (EU) 596/2014 (MAR) article 19 number 3 and section 5-12
of the Norwegian Securities Trading Act.
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