Akastor ASA: Annual Report and Sustainability Report 2024

28 March 2025 - Akastor ASA (OSE: AKAST) publishes its Annual Report, including
the board's Corporate Governance Statement, and the Sustainability Report for
2024. The reports are attached and are also available at the company's website
www.akastor.com.

Akastor has also published its annual financial statements in European Single
Electronic Format (ESEF), available as an attachment to this release.

For further information, please contact:

Øyvind Paaske

Chief Financial Officer

Mobile: +47 917 59 705

E-mail: oyvind.paaske@akastor.com

This information is subject to the disclosure requirements pursuant to section 5
-12, cf section 5-5, of the Norwegian Securities Trading Act.