Oslo, 5 February 2024

Hunter Group ASA (the "Company") announced on 10 January 2024 the completion of
a USD 12 million private placement through the issuance of 70,857,143 new shares
at the price of NOK 1.75 per share (the Private Placement). To ensure equal
treatment of eligible shareholders who were not allocated shares in the Private
Placement, the Company plans to conduct a subsequent offering of up to
14,200,000 new shares at a subscription price of NOK 1.75 per share (the "NOK
1.75 Offering").

The NOK 1.75 Offering will be made available to shareholders as of 10 January
2024, as registered in the Company's register of shareholders with Euronext
Securities Oslo (VPS) on 12 January 2024. The subscription period is expected to
commence on 19 February 2024, following approval of the prospectus from the
Financial Supervisory Authority of Norway (Finanstilsynet). The subscription
period will last for two weeks. Oversubscription is permitted, and subscribing
shareholders are guaranteed a minimum allocation of their pro-rata shareholding
and will also be allocated any oversubscription on a pro-rata basis. Current
shareholders that did not own any shares on the aforementioned date will not be
eligible to participate in the NOK 1.75 Offering.

Additional information and exact dates for the subscription period will follow
the approval and publication of the prospectus.

Contact:

Erik A.S. Frydendal, CEO, ef@huntergroup.no, Ph.: +47 957 72 947

Lars M. Brynildsrud, CFO, lb@huntergroup.no, Ph.: +47 932 60 882

This stock exchange announcement is made pursuant to section 5-9 of the
Norwegian Securities Trading Act.