Reference is made to the announcement regarding refinancing in the company's quarterly report for the second quarter of 2024. Elmera Group ASA has today completed the refinancing of its senior secured term and revolving facilities. The new facilities have similar terms as the previous facility, however so that the new aggregate amount available to Elmera Group ASA and its subsidiaries will be NOK 8.05b and will consist of a NOK 850m term loan facility, a NOK 5.2b revolving credit facility (including a NOK 1.5b overdraft facility) and a NOK 2.0b guarantee facility. Terms are otherwise in line with that which has been presented previously. The facility tenor is 3 years, with 1+1 years extension options. The new facilities are provided by a syndicate of banks consisting of DNB Bank ASA, Danske Bank, Norwegian Brach, Sparebanken Vest and Swedbank AB (publ), and will be used to refinance existing debt, general corporate purposes and working capital as well as providing a liquidity reserve for the group. For further information, please contact: Morten A. W. Opdal, Head of Group Accounting, Reporting and IR, + 47 970 62 526

Employees in the Company have on 14 August 2024 exercised 41 668 options. The options had an average strike price of NOK 18,18. Each share option corresponds to one share. The company's liability with respect to the scheme will be met through existing holdings of treasury shares. As of 14 August 2024, Elmera Group ASA holds 5 262 021 treasury shares. The payment has been determined based on a selling price of NOK 34,5729. 2. Options exercised by primary insiders 14 August 2024: Solfrid Fluge Andersen has exercised 15 000 options in the Company, corresponding to 15 000 shares at the average strike price of NOK 20,2667. Jeanne Tjomsland has exercised 6 667 options in the Company, corresponding to 6 667 shares at the strike price of NOK 17,00. 3. Transfer of rights 8 May 2024, the primary insider mentioned above transferred the rights to receive shares resulting from the exercise of options to a third party. The sales amount will be finally determined on the basis of the price subsequently obtained by the third party when selling the shares in the market. The payment has been determined based on a selling price of NOK 34,5729 4. New holding After exercising options, Solfrid Fluge Andersen holds 120 000 unexercised options in the Company, corresponding to 120 000 shares. After completion of the abovementioned transactions, the primary insider holds 5 171 shares in the Company. After exercising options, Jeanne Tjomsland holds 96 667 unexercised options in the Company, corresponding to 96 667 shares. After completion of the abovementioned transactions, the primary insider holds 26 028 shares in the Company. For further information, contact: Morten A. W. Opdal, Head of Controlling and Investor Relations, +47 970 62 526

Elmera Group recorded an adjusted net revenue of NOK 389m in the second quarter of 2024, an increase from NOK 376m in the second quarter of 2023. Adjusted EBIT was NOK 106m, a NOK 1m increase compared to second quarter of 2023. -Despite reduced consumption from warm weather, we were able to grow our net revenue and increase operating profit YoY in three of our four segments, says CEO, Rolf Barmen. The higher temperatures in the quarter, particularly in May, contributed to a decrease in electricity consumption in all of the group's segments compared to Q2 2023. The operating profit in the Nordic segment was negatively affected by increased losses on receivables and increased sales costs. "We experienced a loss on a large B2B customer in the quarter, which affected operating profit in the Nordic segment negatively. On a positive note, the investments in sales capacity materialised in the first quarter with customer growth in the Nordic segment since we initiated the phase-out strategy of legacy fixed price contracts in 2022, and we are well-positioned for growth going forward", says Barmen. Please find attached the quarterly report and quarterly presentation. Results presentation: 14 August 2024 at 07.30 CET The presentation will be webcasted live at: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20240814_4 For further information, please contact: Morten A. W. Opdal, Head of Group Accounting, Reporting and IR, +47 970 62 526