Prospectus October 2020

The prospectus below is for the listing of the 92,592,592 new shares in the Company issued in connection with the Private Placement was approved by the Financial Supervisory Authority of Norway on 4 December 2020.

On October 14, 2020, the Company raised approximately NOK 1,000 million in gross proceeds through the Private Placement of 92,592,592 new shares (the "New Shares"), at a price per share of NOK 10.80 (the "Offer Price").

Private Place October 14, 2020