6.11.2025 19:49:35 CET | Magnora ASA | Additional regulated information required
to be disclosed under the laws of a member state

Employees of Magnora ASA have been granted a total of 84,071 share options. The
grant follows the approval of a share options programme at the Annual General
Meeting 29 April 2025 and the approval by the Board of Directors to grant up to
10,000 options per employee based on the employee's shareholding in Magnora ASA.
On 6 November 2025 the Board approved the award of the options.

All the share options have strike price of NOK 21.89 and vesting period of 3
years, each option gives the right to acquire one share in the company, and the
options expire 5 years from vesting date.

For each employee granted such options, the number of options granted, resulting
number of options held, shares owned and/or controlled, and corresponding owner
share (%) are as follows:

Stein Bjørnstad, COO

Share options granted: 10,000. Total share options held: 60,000. Shares
owned/controlled: 21,496 (0.03%)

Emilie Schjøtt Brackman, VP

Share options granted: 10,000. Total share options held: 60,000. Shares
owned/controlled: 12,201 (0.02%)

Espen Erdal, SVP

Share options granted: 10,000. Total share options held: 110,000. Shares
owned/controlled: 22,906 (0.03%)

Trond Gärtner, SVP

Share options granted: 10,000. Total share options held: 60,000. Shares
owned/controlled: 18,263 (0.03%)

Hannah Høydal, Investment Manager

Share options granted: 2,071. Total share options held: 2,071. Shares
owned/controlled: 2,071 (0.003%)

Bård Olsen, CFO

Share options granted: 10,000. Total share options held: 60,000. Shares
owned/controlled: 116,923 (0.17%)

Punky Ring, Group Controller

Share options granted: 2,000. Total share options held: 2,000. Shares
owned/controlled: 2,000 (0.003%)

Erik Sneve, CEO

Share options granted: 10,000. Total share options held: 535,000. Shares
owned/controlled: 1,192,623 (1.8%)

Erling Magnus Solheim, VP

Share options granted: 10,000. Total share options held: 10,000. Shares
owned/controlled: 10,050 (0.02%)

Morten Strømgren, SVP

Share options granted: 10,000. Total share options held: 10,000. Shares
owned/controlled: 10,000 (0.02%)

DISCLOSURE REGULATION

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

CONTACTS

 * Erik Sneve, CEO, email: es at magnoraasa.com 

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery
projects, as well as an operator of a data center. The Group has operations in
Europe and Africa through the portfolio companies Magnora Data Center AB,
Storespeed AS, Hafslund Magnora Sol AS, Magnora Offshore Wind AS, Magnora
Germany, Magnora Italy Srl, Magnora Solar PV UK, Magnora South Africa, and AGV.
Magnora also has earnout revenues related to the former portfolio companies
Helios Nordic Energy and Evolar. Magnora is listed on the main list of the Oslo
Stock Exchange under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18711710/6548/Download%20announce
ment%20as%20PDF.pdf