Mandatory Notification of Trade

Oslo, 9 March 2020

Siv Farstad – EVP Human Resources of Axactor SE has on 9 March 2020 sold 294.810 shares in the Company at

an average price of 10,1796 per share. After this transaction Siv Farstad controls 0 shares in the Company.

Siv Farstad has resigned from the position as EVP Human Resources of Axactor SE effective as of end of March 2020.