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Regulatory press release

Magnora ASA: Mandatory notification of voting rights

Magnora
23.4.2025 08:59:30 CEST | Magnora ASA | Major shareholding notifications

In connection with the Annual General Meeting scheduled for 29 April 2025 (the
"AGM"), the chairman of the Board of Directors, Torstein Sanness, has received
proxies without voting instructions representing 5,498,464 shares and votes,
equal to 8.36% of all issued shares and votes. The proxies are valid only for
the AGM. In addition, Mr. Sanness controls, directly or indirectly, a total of
678,194 shares and votes which, together with received proxies, means that Mr.
Sanness controls 6,176,658 shares and votes, equal to 9.39%, at the AGM.
Consequently, the 5% disclosure threshold has been crossed.

This information is subject to the disclosure requirements pursuant to sections
4-2 and 4-4 of the Securities Trading Act.

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
* Torstein Sanness, Chairman of the Board, email: sanness at sf-nett.no

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) has a legacy royalty business that is re-invested in
renewable energy development projects and companies. Magnora's portfolio of
renewable companies consists of Helios Nordic Energy AB, Kustvind AB, Magnora
Offshore Wind AS, Magnora Solar PV UK, Hafslund Magnora Sol AS, Magnora South
Africa, and AGV. The company is listed on the main list on Oslo Stock Exchange
under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18500900/5958/Download%20announce
ment%20as%20PDF.pdf
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