Reference is made to the announcement by the Company on 15. May 2024 regarding a
completed private placement in the Company, and further reference is made to the
description in the announcement relating to the share lending agreement pursuant
to which Sundt AS has agreed to the lending of shares in connection with the
private placement.   
 
As a result of the share lending, Sundt AS discloses the following information
pursuant to Section 4-2 of the Norwegian Securities Trading Act and the
Securities Trading Act Regulations: 
 
On 16 May 2024, following allocation in the private placement, execution of the
share loan and the subsequent temporary disposal of 10,000,000 shares in the
Company, Sundt AS has 7,966,756 shares which represents 2.6% of the share
capital based on 308,139,210 shares in issue following tranche 1 of the private
placement. The disclosure obligation was triggered by Sundt AS crossing below
the 5% threshold of total number of voting rights and shares in IDEX.

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