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Aker ASA: Planned Merger and Share Distribution Details

On September 1, 2025, Aker ASA announced significant developments regarding its subsidiary Aker Horizons ASA. This announcement highlighted the fulfillment of specific conditions that are pivotal for the distribution of Aker Horizons' shares in Aker Horizons Holding AS (AKHH) to its shareholders as an in-kind dividend. Additionally, the notice outlined crucial steps toward completing the merger between AKHH and AKH HoldCo AS, fully owned by Aker ASA. This marks a noteworthy moment for shareholders of Aker Horizons, specifically those who do not hold shares through AKH HoldCo AS.

Shareholder Benefits from the Merger

As part of the merger process, shareholders of Aker Horizons will receive compensation. For every share they hold in Aker Horizons, they will be entitled to 0.001898 shares of Aker ASA and a cash payment of NOK 0.267963. This move is designed to reward shareholders in line with the strategic consolidation of the companies.

The merger process not only aims to enhance shareholder value but also focuses on operational efficiencies that can arise from the integration of resources between the two companies. However, it is important for stakeholders to remain informed about the terms and conditions that govern these distributions, especially given the complex nature of mergers and acquisitions in the current market.

Key Executives Involved in the Merger

Several primary inside directors and close associates are also receiving consideration shares in Aker ASA as a direct result of this merger. Significant recipients include:

• - Erøy AS, associated with Øyvind Eriksen, the President and CEO, who will receive 542 consideration shares.
• - Svein Oskar Stoknes, CFO of Aker ASA, set to receive 63 consideration shares.
• - Aker Solutions ASA, linked closely with Øyvind Eriksen, will receive 1,435 shares.
• - Fredrik Berge, Head of Investor Relations, will bag 5 shares, and Edith Synnøve Bjerkan, deputy employee-elected director, will acquire 1 share.

This arrangement underlines the closer ties and shared interests of corporate executives, reflecting a unified direction in guiding Aker ASA’s future endeavors.

Regulatory Compliance and Transparency

Aker ASA’s announcements also indicate adherence to the mandatory disclosure regulations as detailed in Article 19 of Regulation EU 596/2014, concerning market abuse regulations. Shareholders and interested parties should refer to the attached PDMR forms that provide further details, ensuring compliance and transparency in the merger proceedings.

Contact Information for Shareholders

Stakeholders seeking more information regarding the merger or distribution procedures can contact:

• - Media Relations: Atle Kigen, Head of Media Relations and Public Affairs, Tel: +47 90 78 48 78, Email: [email protected]
• - Investor Relations: Fredrik Berge, Head of Investor Relations, Tel: +47 45 03 20 90, Email: [email protected]

As the merger process unfolds, shareholders are encouraged to stay abreast of developments to fully understand how these changes will affect their investments. It represents not just a moment of transition for Aker ASA and Aker Horizons but a critical strategy aiming to propel the organization towards greater operational success and market presence.

Monitoring the implications of this merger will be essential for both investors and market analysts. Engaging with Aker ASA through the provided contact channels can facilitate a better understanding of the ongoing processes at play, allowing for informed decisions moving forward.