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Regulatory press release

RANA: Rana Gruber enters into fixed freight rates for the period Q3-23 and Q4-23

Rana Gruber
For the period Q3-23 Rana Gruber has fixed freight rates at $20.15/mt for 20kmt
per month (60kmt total).

For the period Q4-23 Rana Gruber has fixed freight rates at $20.20/mt for 20kmt
per month (60kmt total).


About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with
operations based on more than 200 years of mining experience. The company's
products are based on natural mineral resources, which are processed and
exported to customers worldwide. Key customers include steel producers and
participants in the chemical industry. The company has about 300 employees and a
production capacity of 1.8 million metric tons of iron ore concentrates.

Contact
CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no
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