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Regulatory press release

Atea ASA - share buyback

Atea
Oslo, 16 March

On 16 March 2022, Atea ASA has purchased a total of 30,000 own shares at the
Oslo Stock Exchange at an average price of NOK 137.82 per share.

Following the completion of the above transactions, Atea ASA owns a total of
896,315 own shares, corresponding to 0.80% of Atea ASA's share capital.

Additional information on the buyback program:

Date on which the buyback program was announced: 11 February 2022

The duration of the buyback program: 14 February 2022 to 31 March 2022, or until
the maximum number of shares has been repurchased.

Size of the buyback program: Up to 1,000,000 shares

This is information that Atea ASA is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act. A detailed overview of all
transactions made under the buyback program will be posted to the stock exchange
after the close of trading on 17 March.

For further information, please contact:
Robert Giori, CFO Atea ASA, mobile +47 934 09 188
Ole Johan Fjellestad, Group Chief Accountant, mobile +47 992 74 829
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