Elopak ASA: Announcement of dividend per share in NOK for first installment for 2024

Reference is made to Elopak ASA's ("Elopak", Oslo Børs Ticker: ELO)
announcement on February 11, 2025, regarding the proposed dividend for the
financial year 2024.

The NOK dividend per share is based on average EURNOK fixing rate from Norges
Bank in the period plus/minus three business days from record date 16 May
2025, in total seven business days.

Norges Banks average fixing rate for this period was 11.5864. The dividend for
the first installment of EUR 0.08 per share is accordingly NOK 0.9269 per
share.

For further information, please contact:
Christian Gjerde, Head of Treasury and Investor Relations
E-mail: christian.gjerde@elopak.com
Tel: +47 980 60 909

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2025-05-22 08:00 CEST.

About Elopak
Elopak is a leading global supplier of carton packaging and filling equipment.
The company's iconic Pure-Pak® cartons are made using renewable, recyclable
and sustainably sourced materials, providing a natural and convenient
alternative to plastic bottles that fits within a low carbon circular economy.

Founded in Norway in 1957, Elopak was listed on the Oslo Stock Exchange in
2021. Today it employs 2,850 people and sells 16 billion cartons annually
across more than 70 countries.

Elopak is a UN Global Compact participant member. We have set Science Based
Targets to reduce emissions in line with the 1.5-degree trajectory and aim to
be Net-Zero by 2050. In 2023, we achieved a gold rating by EcoVadis and were
rated top 2% sustainable companies in the world.

For more information, go to www.elopak.com or follow us @Elopak on LinkedIn.