NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Reference is made to the mandatory offer (the “Offer”) from Rieber & Søn AS (the “Offeror”) to acquire all shares in Q-Free ASA (“Q-Free” or the “Company”) at an offer price of NOK 6.20 per share pursuant to an offer document dated 24 November 2022. Shareholders are hereby notified that the acceptance period for the Offer expires on 23 December 2022 at 16:30 hours (CET).

Shareholders who want to accept the Offer, and have not already done so, must fill out and return the acceptance form which is included in the Offer Document by 16:30 hours (CET) 23 December 2022. There will be no further extensions of the Offer Period. The Offer may only be accepted on the basis of the Offer Document.

The Offer Document is, subject to regulatory restrictions in certain jurisdictions, available on Rieber & Søn’s homepage: https://rieberson.no/offer-document/

For further information please contact: Rieber & Søn AS, Øystein Elgan, +47 901 08 833