Mandatory notification of trade

On April 26, the following transactions took place in Atea ASA (the Company): 1. Exercise of stock options Employees of the Atea group have exercised stock options. In total, 5,000 stock options were exercised under the original agreements. Atea will transfer 5,000 of its own shares to fulfill the Company's obligations under these employee stock option agreements. 2. Conversion of stock options and exercise of rights Employees of the Atea group have entered into an agreement with Atea to convert stock options into the right to receive shares in the Company of an equivalent value. In total, 495,583 stock options with a weighted average strike price of NOK 77.57 were converted into the right to receive 220,474 Atea shares, based on the volume weighted average price of NOK 139.73 for the Atea share on April 25. Employees of the Atea group exercised their rights to receive shares in the Company. After withholding of income taxes, employees received rights to 113,059 shares in Atea ASA. Atea will transfer 113,059 of its own shares to fulfill the company's obligations to provide these shares. 3. Conversion of stock options and exercise of rights by primary insiders The following primary insiders entered into an agreement with Atea to convert stock options into the right to receive shares in the Company of an equivalent value and exercised their rights to receive shares. Robert Giori converted 100,000 stock options at a strike price of NOK 76.25 into the right to receive 45,429 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 23,896 shares. Carl-Johan Hultenheim converted 125,000 stock options at a strike price of NOK 76.25 into the right to receive 56,787 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 24,418 shares. Juha Sihvonen converted 30,000 stock options at a strike price of NOK 76.25 into the right to receive 13,629 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 7,360 shares. Steinar Sønsteby converted 150,000 stock options at a strike price of NOK 80.25 into the right to receive 63,850 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 33,585 shares. 4. Transfer of rights and sale of shares The primary insiders mentioned above transferred their rights to receive shares resulting from the conversion of options to a third party. The payment has been determined based on a selling price of NOK 136.94 per share. 5. New holding Robert Giori holds 500,000 options, 126,870 shares, and 42 RSUs in the Company. Carl-Johan Hultenheim holds 600,000 options, 14,083 shares, and 42 RSUs in the Company. Juha Sihvonen holds 440,000 options, 96 shares, and 48 RSUs in the Company. Steinar Sønsteby holds 1,200,000 options and 125,083 shares, and 42 RSUs in the Company. Atea ASA holds 787,799 of its own shares. See details about the transactions for primary insiders on April 26 reported to Finanstilsynet enclosed. For further information, please contact: Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655 Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188