AKER OFFSHORE WIND AS Reference is made to the recently announced contemplated merger betweenAker Offshore Wind AS ("AOW"), AH Tretten AS, a subsidiary ofAker Horizons ASA , andAker Horizons ASA (the "Merger"). To facilitate the triangular Merger,Aker Horizons ASA will transfer all of its indirect shareholding in AOW from its subsidiary, Aker Renewable Power AS, to AH Tretten AS, each at a price ofNOK 2.5555 per share. Following the transfer of the 346,262,406 shares held indirectly byAker Horizons ASA , Aker Renewable Power AS will no longer have any ownership interest in AOW, AH Tretten AS will own 346,262,406 shares in AOW, corresponding to an ownership interest of approximately 51.02% andAker Horizons ASA's indirect shareholding in AOW will accordingly remain unchanged. This information is subject to the disclosure requirements set out in the Euronext Growth Rule Book - Part I, section 4.3.1. Investor contact:Tom Selwood , +44 (0)7743 502455, tom.selwood@akeroffshorewind.com Media contact:Maria Lanza Knudsen , +47 484 42 426, maria.knudsen@akeroffshorewind.com About Aker Offshore Wind Aker Offshore Wind is an offshore wind developer focused on assets in deep waters and specialized on floating energy systems. With global operations, the current portfolio consists of development projects and prospects located inAsia ,North America andEurope . Aker Offshore Wind effectively deploys cost effective technologies from decades of offshore energy development. The company is majority-owned byAker Horizons , an investment company dedicated to creating value and reducing emissions from renewable energy and decarbonization technologies. Aker Offshore Wind [AOW-ME] is listed on Euronext Growth inOslo, Norway .
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