LUMI - Mandatory notification of trade

Oslo, 18 February 2022. EMK Capital Partners LP and EMK Capital Partners GP Co-Invest LP (“EMK”), companies closely associated with board members and primary insiders in Lumi Gruppen AS ("Lumi" or the "Company") Edmund Lazarus and Mark Joseph, has today sold 5,045,873 shares in Lumi (4,851,606 and 194,267 shares, respectively), representing 13.9% of the share capital in the Company, at a price of NOK 40.00 per share. The shares were sold through a process managed by ABG Sundal Collier ASA and Nordea Bank Abp, filial i Norge. Immediately prior to the transaction, EMK acquired an aggregated total of 23,827 shares in the Company from an employee of EMK Capital Singapore PTE LTD, an affiliate of EMK, pursuant to a pre-existing agreement between the parties. Please see the attached notifications for persons discharging managerial responsibilities and their close associates. After the transaction, EMK holds no shares in the Company. EMK is represented on the board of directors in Lumi. This information is subject to the disclosure requirements in articles 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.