Oslo, 5 January 2021 

Glen Ole Rødland, Chairman of the Board in Axactor SE, has on 5 January 2021
purchased 1,000,000 shares in the Company at an average price of NOK 8.00 per
share, as part of the private placement announced on 9 December 2020. Glen Ole
Rødland did not own shares in the Company prior to this trade.

Terje Mjøs, member of the Board of Directors of Axactor SE, has on 5 January
2021 purchased 100,000 shares in the Company at an average price of NOK 8.00 per
share, as part of the private placement announced on 9 December 2020. After this
transaction Terje Mjøs controls 200,000 shares in the Company.

Johnny Tsolis, CEO in Axactor SE, has on 5 January 2021 purchased 130,000 shares
in the Company at an average price of NOK 8.00 per share, as part of the private
placement announced on 9 December 2020. After this transaction Johnny Tsolis
controls 1,700,000 shares in the Company.

Teemu Alaviitala, CFO in Axactor SE, has on 5 January 2021 purchased 37,500
shares in the Company at an average price of NOK 8.00 per share, as part of the
private placement announced on 9 December 2020. After this transaction Teemu
Alaviitala controls 38,900 shares in the Company.

Robin Knowles, Chief Investment Officer in Axactor SE, has on 5 January 2021
purchased 25,000 shares in the Company at an average price of NOK 8.00 per
share, as part of the private placement announced on 9 December 2020. After this
transaction Robin Knowles controls 303,180 shares in the Company.

Arnt André Dullum, COO in Axactor SE, has on 5 January 2021 purchased 27,500
shares in the Company at an average price of NOK 8.00 per share, as part of the
private placement announced on 9 December 2020. After this transaction Arnt
André Dullum controls 98,174 shares in the Company.

Vibeke Ly, Chief of Staff in Axactor SE, has on 5 January 2021 purchased 133,750
shares in the Company at an average price of NOK 8.00 per share, as part of the
private placement announced on 9 December 2020. Vibeke Ly did not own shares in
the Company prior to this trade.

Kyrre Svae, Chief of Strategy & IR in Axactor SE, has on 5 January 2021
purchased 33,500 shares in the Company at an average price of NOK 8.00 per
share, as part of the private placement announced on 9 December 2020. After this
transaction Kyrre Svae controls 112,500 shares in the Company.

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