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Pörssitiedote

Fjord Defence Group ASA - New share capital registered

Fjord Defence Group
Oslo, 17 October 2025

Reference is made to the stock exchange announcement made by Fjord Defence Group
ASA (the "Company") on 8 October 2025 regarding the final results of the
subsequent offering comprising the issuance of a total of 1,041,666 new shares
in the Company at a subscription price of NOK 9.60 per share (the "Subsequent
Offering").

The share capital increase pertaining to the issuance of shares in the
Subsequent Offering has today been registered with the Norwegian Register of
Business Enterprises:

Share capital (new): NOK 348,165,258.00
Total number of shares (new): 41,448,245 shares
Par value of each share: NOK 8.40

The new shares will be issued in the Norwegian Central Securities Depository,
Euronext Securities Oslo ("VPS"), on the Company's listed ISIN (NO 001 3647693)
and are expected to be delivered to the respective applicants' VPS account on or
about [14] October 2025.

For further information, please contact:
Jon Asbjørn Bø, CEO
jab@fjorddefence.com
+47 930 86 932

About Fjord Defence Group ASA

Fjord Defence Group ASA ("DFENS") is a Norwegian "compounder" listed on Euronext
Oslo Børs seeking to acquire and develop fast-growing, profitable, and well-run
companies in the defence industry. The company has a buy & build strategy, with
focus on acquiring established, profitable businesses within the defence,
security and related segments. More information on www.fjorddefencegroup.com.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Oslo Rulebook II, Issuer Rules.
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