Regulations regarding notification

Section 4-1 Notification requirement for primary insiders

(1) Persons as mentioned in section 3-6 subsection (1) shall immediately notify the Norwegian regulated market on which the shares are quoted of any purchase, sale, exchange or subscription of shares issued by the company or by companies in the same group. This also applies to the company's trade in its own shares and shares of companies in the same group.
An undertaking which owns quoted shares in another undertaking or shares in another undertaking that is listed on a regulated market, and which because of such ownership is
represented on the board of the other undertaking, must notify trading in such shares. Notification shall be sent no later than the start of trading on the regulated market on the day
following the purchase, sale, exchange or subscription.

(2) The notification requirement also applies to loans as mentioned in the Private Limited Companies Act section 11-1 and the Public Limited Companies Act section 11-1, agreements
on, exchange, purchase or sale of subscription rights, options and corresponding rights connected to shares as mentioned in subsection (1).

(3) The notification requirement also applies to trading involving a shareholder’s close associates as mentioned in section 2-5 nos. 1, 2 and 4.

(4) The company shall without undue delay transmit an updated overview of persons as mentioned in subsection (1) to the regulated market concerned. The notification shall contain the name, personal identity number or similar identification number, address, type of office or post in the company and other employment position, if any.

(5) Any person subject to the notification requirement under subsection (1) shall without undue delay transmit to the regulated market concerned an updated overview of persons and
companies as mentioned in subsection (3) if such persons and companies hold financial instruments as mentioned in subsections (1) and (2). The notification shall contain the
personal identity number, organisation number or similar identification number.

(6) This section applies correspondingly to equity certificates.

Section 4-3 Requirements on notification

(1) Notification pursuant to section 4-1 subsections (1) to (3) shall contain information on the
following:

1. name of the person subject to the notification requirement,
2. background for the notification,
3. name of the issuer,
4. description of the financial instrument,
5. type of transaction,
6. timing and market for the transaction,
7. price and volume of the transaction and
8. holding after the transaction.

(2) Notifications under section 4-2 shall contain information as stipulated by the ministry in regulations.

(3) Finanstilsynet or whomever Finanstilsynet designates shall make public notifications as mentioned in this section in a manner specified in section 5-12. The regulated market
concerned may prepare and publish overviews containing the name of the person subject to the notification requirement, the type of office or position in the company and any other
employment position, the individual notifiable trade and the aggregate holding of individuals and undertakings as mentioned in section 4-1 subsections (1) and (3).

(4) Notification under section 4-2 subsection (2) may be given in Norwegian or English.

Section 2-5 Close associate

"Close associate" means

1. the spouse or a person with whom the shareholder cohabits in a relationship akin to marriage,
2. the shareholder's under-age children, and under-age children of a person as mentioned in no. 1 with whom the shareholder cohabits,
3. an undertaking within the same group as the shareholder,
4. an undertaking in which the shareholder himself or a person as mentioned in nos. 1, 2 or 5 exercises influence as mentioned in the Private Limited Companies Act section 1-3 subsection (2), the Public Limited Companies Act section 1-3 subsection (2) or the General and Limited Partnerships Act section 1-2 subsection (2),
5. a party with whom the shareholder must be assumed to be acting in concert in the exercise of rights accruing to the owner of a financial instrument, also in cases where a bid is frustrated or prevented.