Annual general meeting: Request for investigation

AINMT ASA (“AINMT” or the “Company”) has received a request from Roy Mosvold, HeIIesund Holding Ltd., Vaglen AS and Memento AS for an investigation into the sale of its telecommunications business to Lyse AS to be put on the agenda on the annual general meeting, to be held on 2 May 2022 (the “AGM”). As set out in the Public Limited Companies Act, the abovementioned shareholders have the right to propose such investigation at the AGM and the Company will add the investigation as item 12 to the agenda at the AGM.

The Company is confident that the transaction with Lyse has been completed in accordance with all applicable laws and regulations, and that there are no grounds for such investigation. Further, the Company believes an investigation may significantly reduce the remaining shareholder value of AINMT.