Reference is made to the stock exchange announcement from HAV Group ASA ("HAV"
or the "Company") of 26 November 2021 regarding the initiation of a repurchase
program of up to 3,500,000 own shares. The repurchase program can be implemented
in the period up to 1 May 2022.

The following repurchases have been made in accordance with the "safe harbor"
rules, which includes a limitation of 25% of the average daily volume traded in
the last 20 trading days:
 
Date               Volume           Average price            Total cost
                                    (NOK)                    (NOK)
22.12.21            4.000           14,2733                   57.093,20
27.12.21            7.000           14,2014                   99.409,80
28.12.21           10.000           13,9135                  139.135,00
29.12.21            9.000           14,8257                  133.431,30
30.12.21            6.816           14,0625                   95.850,00
03.01.22            2.000           14,1000                   28.200,00
04.01.22            8.825           14,0075                  123.616,19

Total previously published
repurchases under the program                                              

                   80.359           15,1788                1.219.752,07         
   


Total repurchases under the      
program                                           

                  128.000           14,8163                1.896.487,56

A detailed overview of all completed transactions under the repurchase program
carried out during the above time period is attached hereto and available at
www.newsweb.no.

Following the completion of the above transactions, HAV owns 128.000 own shares
in the Company, corresponding to 0,37% of HAV's share capital.

For further information, please contact:
Gunnar Larsen, CEO
Tel: +47 90 10 56 94
Email: gunnar.larsen@havgroup.no 
 
This information is published in accordance with the Market Abuse Regulation
(EU) 596/2014 Article 5, as supplemented by delegated Commission Regulation (EU)
2016/1052, and is subject to disclosure requirements in accordance with the
Securities Trading Act § 5-12.

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© Oslo Bors ASA, source Oslo Stock Exchange