Reference is made to the stock exchange announcement from ABL Group ASA (the
"Company") on 22 January 2024 regarding exercise of warrants.

The share capital increase as a result of the exercise of warrants has now been
registered in the Norwegian Register of Business Enterprises, and the Company's
share capital has been increased with NOK 100,000.

Following registration of the share capital increase, the Company has an issued
share capital of NOK 12,847,786.70 divided on 128,477,867 shares each with a par
value of NOK 0.10. 

Shares issued on the basis of the warrants will be subject to a lock-up period
of 6 months from the date of issue. After the expiry of such period, there shall
be no restriction on the transferability of such shares.

***

For further information, please contact:

Investors and financial media:
Stuart Jackson, Chief Financial Officer, email: stuart.jackson@abl-group.com

About ABL Group
ABL Group (OSE: ABL Group ASA - ticker code "ABL") is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 41 countries worldwide and operates under four
main brands: ABL, OWC, Longitude and AGR.

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