Mandatory notification of trade

AF Gruppen ASA (AFG) has completed the sale of 71,431 own shares to key employees and management. The sale is part of the company's bonus program where parts of the bonus may be used to buy AF Gruppen ASA shares at 20 % discount compared to the share’s average closing price as of week 7 2023, NOK 153.40. When the share registration is completed, the number of own shares held by AF Gruppen ASA will be 47,000. See attachment for complete list of primary insiders share transactions. For further information, please contact: CFO Anny Øen, telephone: +47 982 23 116. This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.