Oslo, 22 November 2023

Terje Mjøs Holding AS, a company controlled by Terje Mjøs (Chair of Board of Axactor ASA), has on 22 November 2023 acquired 50,000 shares in the Company at an average price of 4.92 per share. After this transaction Terje Mjøs controls 700,000 shares in the Company.

Please refer to the attached notifications of transactions for further details.

This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

https://news.cision.com/axactor-asa/r/axactor-asa--mandatory-notification-of-trade-by-primary-insider,c3880853

https://mb.cision.com/Public/852/3880853/92edd526ea455538.pdf

https://news.cision.com/axactor-asa/i/international-017,c3242081

(c) 2023 Cision. All rights reserved., source Press Releases - English