Disclosure of Shareholding

Bjørn Stray has on 27 January 2021 purchased 720,000 shares in AqualisBraemar LOC ASA (“AqualisBraemar LOC”). Following the transaction, Bjørn Stray holds 4,767,743 shares in AqualisBraemar LOC, corresponding to 5.15% of the shares outstanding calculated based on a total share count of 92,547,583.

This notification is made pursuant to section 4-3 of the Norwegian Securities Trading Act.