Saga Pure ASA: Eldar Paulsrud appointed CFO

12 November 2025: Saga Pure ASA today announces the appointment of Eldar
Paulsrud as Chief Financial Officer (CFO). The transition follows the decision
by Tore Jakob Berg to step down to pursue other opportunities outside of the
company.

Paulsrud is an experienced finance executive with strong analytical and
commercial acumen. He has a background from auditing, banking, and has served as
CFO and CEO of a listed shipping company. Paulsrud is a State Authorized Public
Accountant and holds a MSc in Business Administration from NHH.

"We thank Tore for his contributions during his time with us and wish him all
the best with his future endeavours," says Espen Lundaas, CEO of Saga Pure.

Berg will remain in the company through a transition period.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Eldar Paulsrud, CFO, +47 481 65 599

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