Reference is made to the stock exchange announcement from Havyard Group ASA
("HYARD" or the "Company") of 29 September 2022 regarding initiation of a
repurchase program of up to 7,198,731 own shares.

The initiation of the repurchase program is based on the authorizations given to
the board by the Company's annual general meeting held on 13 June 2022. The
repurchase program can be implemented in the period until the annual general
meeting in 2023, but no longer than until 30 June 2023. 

The following repurchases have been made in accordance with the "safe harbor"
rules, which includes a limitation of 25% of the average daily volume traded in
the last 20 trading days: 

Date              Volume      Average Price(NOK)    Tot. daily trans. value(NOK)
20.10.2022         2.170            3.2683                        7.092
21.10.2022         5.540            3,3965                       18.817
24.10.2022         2.500            3,2900                        8.225
25.10.2022         1.000            3,3750                        3.375
26.10.2022         1.100            3,3677                        3.704
27.10.2022         3.000            3,4611                       10.383
28.10.2022         5.140            3,3688                       17.316 

Total previously published repurchases under the program
                 135.830            3,4051                      462.508

Total repurchases under the program 
                 156.280            3,4004                      531.420

A detailed overview of all completed transactions under the repurchase program
carried out during the above time period is attached hereto and available at
www.newsweb.no. 

At 28 October 2022, Havyard owns 211.439 treasury shares in the Company,
corresponding to 0,29% of Havyard's share capital. 

For further information, please contact: Eirik Sævareid, CFO Tel: +47 99 27 46
37 Email: eirik.saevareid@havyard.com 

This information is published in accordance with the Market Abuse Regulation
(EU) 596/2014 Article 5, as supplemented by delegated Commission Regulation (EU)
2016/1052, and is subject to disclosure requirements in accordance with the
Securities Trading Act § 5-12.

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© Oslo Bors ASA, source Oslo Stock Exchange