Europris has closed and settled the acquisition of the remaining 80 per cent of Runsvengruppen/ÖoB

Fredrikstad, 2 May 2024: Reference is made to Europris ASA's stock exchange
notice of 21 March 2024, notifying about Europris' entry into a share purchase
agreement to acquire the remaining 80 per cent of Runsvengruppen AB from RuNor
AS.

The transaction was closed and settled today. Europris has transferred 2,579,678
Europris shares held in treasury to RuNor AS, as payment for the remaining
shares of Runsvengruppen AB, which now has become a wholly owned subsidiary of
Europris.

The transferred Europris shares will be subject to a customary 12-month lock-up.
The lock-up for the initial consideration shares delivered in 2019 is no longer
in force (the remaining balance of the initial consideration shares is 1,449,898
shares).

The NOK 13 million cash component of the purchase price was netted towards
outstanding payments from the seller of awarded costs under the arbitration
award of 19 December 2023, leaving a net NOK 0.2 million being paid by Europris
to RuNor AS today.

Europris will provide the market with more information about operational plans
for ÖoB at a later stage.


For further inquiries, please contact:
CEO Espen Eldal, Europris, espen.eldal@europris.no, +47 48 29 24 24
CFO Stina Charlene Byre, Europris, stina.byre@europris.no, +47 41 10 58 08

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