Magnora Data Center ASA: Mandatory notification of trade - Board member buys shares

22.7.2026 15:43:10 CEST | Magnora Data Center ASA | Managers' transaction

Lars Schedin, Board member in Magnora Data Center ASA, has purchased 50,000
shares in Magnora Data Center ASA today 22 July 2026 at an average price of NOK
11.95 per share.

Following this, Mr. Schedin controls 65,000 shares in Magnora Data Center ASA,
which equals 0.065 per cent of the issued shares and votes in the company.

Mr. Schedin also holds 115,384 subscription warrants in Magnora Data Center ASA.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Erik Sneve, es@magnoraasa.com 

ABOUT MAGNORA DATA CENTER ASA

Magnora Data Center ASA (OSE ticker: MDATA) focuses on developing medium to
large scale data center projects, and on operating data center capacity through
our subsidiary Storespeed. We assess a wide range of opportunities before
selecting or initiating projects. For our development projects, the strategy is
to exit when projects reach ready-to-build or near-ready stages - bringing in
operators, hyperscalers or infrastructure investors to take projects through
construction and operations. For Storespeed, we operate and grow the asset
directly, with co-location, AI hosting and sovereign cloud as core services.
Growth is primarily organic, driven by a pragmatic and disciplined approach to
project selection and execution.

Magnora Data Center's revenue model combines project sales og milestone payments
with recurring revenues from Storespeed operations. Project sale revenues may
fluctuate based on market conditions and timing, while underlying value creation
remains steady, driven by a growing project portfolio, grid applications,
permitting progress, and the build-out of operational capacity. Magnora Data
Center was during the spring of 2026 established as a separate group but still
with Magnora ASA as a parent company, and building on Magnora's track record of
value creation in renewables and infrastructure since 2019.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17850865/19000433/14191/Download%20announc
ement%20as%20PDF.pdf
les/17850865/19000433/14191/Download%20announc\
ement%20as%20PDF.pdf\