Mandatory notification of trade

On April 30, the following transactions took place in Atea ASA (the Company): 1. Exercise and conversion of stock options Employees of the Atea Group exercised stock options.  Upon exercise, the stock options are converted into the right to receive ATEA shares of an equivalent intrinsic value.  The intrinsic value is calculated based on the volume weighted average price of the ATEA share on the day preceding the exercise. In total, 443,384 stock options with a weighted average strike price of NOK 121.75 were exercised and converted into the right to receive 65,941 Atea shares, based on the volume weighted average price of NOK 143.02 for the Atea share on April 29. After withholding of income taxes, employees received rights to 38,495 shares in Atea ASA. Atea will transfer 38,495 of its own shares to fulfill the company's obligations. 2. Exercise and conversion of stock options by primary insiders The following primary insiders exercised stock options: Robert Giori exercised 125,000 stock options at a strike price of NOK 121.75. Upon exercise, the options were converted into the right to receive 18,590 shares in the Company. After withholding of income taxes, he obtained the right to receive 9,778 shares. Juha Sihvonen exercised 20,000 stock options at a strike price of NOK 121.75. Upon exercise, the options were converted into the right to receive 2,974 shares in the Company. After withholding of income taxes, he obtained the right to receive 1,606 shares. Linus Wallin exercised 70,000 stock options at a strike price of NOK 121.75. Upon exercise, the options were converted into the right to receive 10,411 shares in the Company. After withholding of income taxes, he obtained the right to receive 4,789 shares. 3. Transfer and sale of rights The primary insiders above transferred their rights to receive shares to a third party. The payment has been determined based on a selling price of NOK 142,43 per share. 4. New holding Robert Giori holds 500,000 options and 126,956 shares, and 85 RSUs in the Company.  The shareholding includes shares held by close associates and through his holding company Four Leaf Clover AS. Juha Sihvonen holds 480,000 options and 199 shares, and 99 RSUs in the Company. Linus Wallin holds 400,000 options and 172 shares, and 86 RSUs in the Company. Atea ASA holds 952,971 of its own shares. See details about the transactions for primary insiders on April 30 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