Announcement regarding launch of Samhällsbyggnadsbolaget i Norden AB voluntary offer

The board of directors (the "Board") of Entra ASA (the "Company") notes that Samhällsbyggnadsbolaget i Norden AB ("SBB") today has launched its voluntary offer for the Company's shares by way of an offer document, as announced by the stock exchange notice dated 23 December 2020 from SBB (the "SBB Offer").

The Board will together with its advisors review the offer document to fully understand the terms and conditions of the SBB Offer before providing a recommendation to the Company's shareholders. Such recommendation will be given by 19 February 2021 at the latest, as required by the Norwegian Securities Trading Act chapter 6.

Reference is also made to the Company's announcement 7 January 2020 regarding Castellum AB’s voluntary offer for the Company's shares.

Shareholders are advised to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company.

There can be no certainty that any offer will be completed.

For further information, please contact:

Siri Hatlen, Chair of the Board of Directors, + 47 91744863, siri.hatlen@gmail.com

Sonja Horn, CEO, +47 90568456, sh@entra.no

Anders Olstad, CFO, +47 90022559, ao@entra.no