Skandia Greenpower AS - Mandatory notification of trade by Primary Insider

Kristiansand, Norway, July 1st 2022 – Skandia Greenpower AS (Euronext Growth Oslo: SKAND) (the "Company"), has been notified that Lene Johansen, Newly appointed CEO as of July 1st 2022 and primary insider of Skandia Greenpower AS, has today bought 34,575 shares in Skandia Greenpower AS at an average price of NOK 4,31 per share. After the transaction Mrs. Johansen holds 44,650 shares in Skandia Greenpower AS.

Contact: Arne Thorsland, CFO, Skandia Greenpower AS, arne.thorsland@skandiaenergi.no

This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation (MAR) and section 5-12 of the Norwegian Securities Trading Act.