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Regulatory press release

Hunter Group ASA - Registration of reverse share split

Hunter Group
Oslo, 4 July 2023

Reference is made to the stock exchange announcement made by Hunter Group ASA
(the "Company") on 30 June 2023 regarding the Company's general meeting
resolving a reverse share split of the Company's shares in the ratio 20:1. The
reverse share split has now been registered with the Norwegian Register of
Business Enterprises. Following such registration, the share capital of the
Company is NOK 1,100,000 (rounded) divided into 28,768,101 shares, each with a
nominal value of NOK 0.038 (rounded).

Contact:

Erik A.S. Frydendal, CEO, ef@huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882

This information is published in accordance with the requirements of the
Continuing Obligations.
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