Mandatory notification of trade

17 February 2020 – ThjømøeKranen AS, a company controlled by Mari Thjømøe, a member of Ice Group ASA’s board of directors, has today purchased 6,500 shares in Ice Group ASA at NOK 20.30 per share.

Following this transaction, Mari Thjømøe and associated companies have a total holding of 30,620 shares in Ice Group ASA.

For further information, please contact:

Ice Group investor relations: ir@ice.no

About Ice Group ASA

Ice Group is a telecommunications company with nationwide networks in Norway and Denmark. In Norway, the company operates a pure 4G mobile network, providing smartphone, m2m, IoT and mobile broadband services to B2C and B2B customers. Ice Group also offers mobile broadband, m2m and IoT services in Denmark through its own network. For more information, see www.icegroup.com.