Reference is made to the stock exchange announcement byM Vest Water AS (the "Company") on23 April 2024 regarding the successfully placed private placement of 2,500,000 new shares in the Company, each at a subscription price ofNOK 8.00 (the "Offer Price ") (the "Private Placement"). Further, reference is made to the stock exchange announcement published by the Company25 April 2024 regarding the share lending agreement between M Vest Invest AS and Fearnleys Securities AS (the "Manager"), pursuant to which the Manager borrowed 2,049,668 shares in the Company held by M Vest Invest AS (the "Shares") for settlement purposes in the Private Placement. Following the registration of the share capital increase as announced earlier today,8 May 2024 , the shares pertaining to the Private Placement have been issued, and the Manager has delivered the borrowed Shares back to M Vest Invest AS. Thereby, M Vest Invest AS, a closely associated company toTor Olav Gabrielsen , the chairperson of the Company's board of directors, today,8 May 2024 , received the 2,049,668 Shares borrowed by the Manager. As a result, M Vest Invest AS now holds 11,062,216 shares in the Company. Please refer to the attached notifications of trading for further details. AboutM Vest Water AS : M Vest Water is an environmental technology company which has developed unique products and solutions to the water treatment industry, both Industrial as well as the Municipal markets. The products are non-toxic, biodegradable and without any harm to the environment. It obtains the highest degree of purification in a cost-efficient arrangement. M Vest Water is listed on Euronext Growth under the ticker MVW. For more information, visit www.mvestwater.com. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and article 19 of the EU 596/2014 Market A
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