Sandnes, Norway, 13 October 2023: Reference is made to the stock exchange release by Desert Control AS ("Desert Control" or the "Company") published on 28 September 2023. The issuance of 10,000,000 new shares has been registered with the Norwegian Register of Business Enterprises. After the transaction, Desert Control's share capital is NOK 156,980.367 divided into NOK 52,326,789 shares, each share having a par value of NOK 0.003 and carrying one vote in the Company's general meeting.

For more information, please contact:

Ole Kristian Sivertsen

President and Group CEO

Email: oks@desertcontrol.com

Mobile: +47 957 77 777

Leonard Chaparian
Chief Financial Officer

Email: leonard.chaparian@desertcontrol.com

Mobile: +47 90 66 55 40

About Desert Control:   

Desert Control specializes in climate-smart AgTech solutions to combat desertification, soil degradation, and water scarcity. Its patented Liquid Natural Clay (LNC) restores and enhances soil ecosystems to reduce water usage and improve the efficiency of fertilizers and natural resources for agriculture, forests, and green landscapes. LNC enables sandy and arid soil to retain water and nutrients, thus increasing crop yields, plant health, and ecosystem resilience while preserving water and natural resources by up to 50%.    

For more about Desert Control, visit https://www.desertcontrol.com.   

This information is subject to the disclosure requirements pursuant to the Euronext Growth Oslo Rule Book II

http://publish.ne.cision.com//Release/ViewReleaseHtml/5887F2E42858D0F1E0C856B0705FC7D6

https://mb.cision.com/Public/22706/3855130/8df1a29a0ae88623.pdf

https://mb.cision.com/Public/22706/3855130/b240cf152721ea3d.pdf

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