Exercise of employee share options in Elmera Group ASA ("the Company").
Employees in the Company have on 2 November 2023 exercised 13 332 options. 

The options had an average strike price of NOK 19.30. Each share option
corresponds to one share. The company's liability with respect to the scheme
will be met through existing holdings of treasury shares. 

As of 2 November 2023, Elmera Group ASA holds 5 690 927 treasury shares. The
payment has been determined based on a selling price of NOK 22.7307.

No options have been exercised by primary insiders. 

For further information, please contact: Morten A. W. Opdal, Head of Group
Accounting, Reporting and IR, +47 970 62 526

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