Allotment of Stock Options, ESOP 2017 program

The following primary insiders have been awarded employee stock options under the ESOP 2017 Program:

Bente Brocks, Group Chief Accountant, has been awarded 500,000 options in Axactor SE

Eilif Drageseth, Group Business Controller, has been awarded 100,000 options in Axactor SE

For additional information, please contact:

Johnny Tsolis, CFO, Axactor
Mobile phone: +47 913 35 461
Email: johnny.tsolis@axactor.com