Transactions made under the share buyback program

October 28, 2025 - Aker ASA ("Aker" or the "Company") announced a buybackprogram on September 30, 2025 for up to 429,067 of its own shares, to beconducted in the period from the announcement until December 31, 2025.

Nordea, under an irrevocable mandate from Aker, has carried out the followingtransactions under the buyback program during 22.10.2025 to 28.10.2025:

+--------------------+---------+-----------+--------------+|Date |Number of| Weighted | Total || | shares | average | transaction || | |price (NOK)| value (NOK) |+--------------------+---------+-----------+--------------+|22.10.2025 | 7,138| 753.5611| 5,378,919.13|+--------------------+---------+-----------+--------------+|23.10.2025 | 14,092| 790.3846| 11,138,099.78|+--------------------+---------+-----------+--------------+|24.10.2025 | 6,403| 786.0320| 5,032,962.90|+--------------------+---------+-----------+--------------+|27.10.2025 | 11,101| 780.0169| 8,658,967.61|+--------------------+---------+-----------+--------------+|28.10.2025 | 6,225| 782.3690| 4,870,247.03|+--------------------+---------+-----------+--------------+|Total this period | 44,959| 780.2486| 35,079,196.44|+--------------------+---------+-----------+--------------+|Previously announced| 172,366| 748.5090|129,017,494.53||under the program  | | | |+--------------------+---------+-----------+--------------+|Total buybacks made | 217,325| 755.0751|164,096,690.97||under the program | | | |+--------------------+---------+-----------+--------------+

Nordea has made its own trading decisions regarding the share repurchasesindependently of and without influence from Aker.

Following the completion of the above-mentioned transactions, Aker owns atotalof 259,892 of its own shares, corresponding to 0.35% of the Company's totalnumber of issued shares.

An overview of transactions made under the buyback program carried out undertheabove-mentioned time period is attached.

-ENDS-

Investor contact:Fredrik Berge, Head of Investor Relations+47 45 03 20 90fredrik.berge@akerasa.com

This information is subject to the disclosure requirements pursuant to Section5-12 the Norwegian Securities Trading Act and the requirements under the EUMarket Abuse Regulation.

The buyback and the distribution of this announcement and other information inconnection therewith may be restricted by law in certain jurisdictions, andthebuyback is not made in any jurisdiction in which this would be unlawful,requireregistration or other measures. The Company does not assume any responsibilityin the event there is a violation by any person of such restrictions. Personsinto whose possession this announcement or such other information should comeare required to inform themselves about and to observe any such restrictions.

The buyback is not being made directly or indirectly in, or by use of themailsof, or by any means or instrumentality of interstate or foreign commerce of,orany facilities of a national securities exchange of, the United States ofAmerica, its territories and possessions, any State of the United States andtheDistrict of Columbia (the "United States") or any other jurisdiction in whichthis would be unlawful. This includes, but is not limited to, facsimiletransmission, internet delivery, e-mail, telex and telephones. Accordingly,copies of this release and any related documents are not being, and must notbe,mailed, e-mailed or otherwise distributed or sent in or into the United Statesand so doing may invalidate any purported sales offer.

For more information about the company, visit www.akerasa.com

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