S.D. Standard ETC Plc - Major shareholding notification

Oslo, Norway 2 September

Øystein Stray Spetalen has 1 September transferred all his shares in FerncliffHolding AS, which indirectly controls 462,015,048 shares in the S.D. StandardETC Plc (SDSD) (the Company) (corresponding to 88.090% of the shares andvotingrights), through (a) Ferncliff Listed DAI AS (100% owned by Ferncliff TIH AS,which again is 100% owned by Ferncliff Holding AS), which owns 155,918,109shares in the Company (corresponding to 29.728% of the shares and votingrights), and (b) Saga Pure ASA, which is (i) 35.870% owned by TycoonIndustrierAS (which again is 100% owned by Ferncliff TIH AS, which again is 100% ownedbyFerncliff Holding AS), and (ii) (up to today) 30.066% owned by Øystein StraySpetalen; which owns 306,096,939 shares in the Company (corresponding to58.362%of the shares and voting rights in the Company); as equal (50/50) gifts to SssAS and Jss Capital Management AS, owned by Sophie Stray Spetalen and JennyStraySpetalen, respectively.

Following the gifts made 1 September,

(*) Øystein Stray Spetalen owns (directly and indirectly) zero shares andvotingrights in the Company, and

(*) Ferncliff Holding AS owns (directly and indirectly) 155,918,109 shares inthe Company (corresponding to 29.728% of the shares and voting rights in theCompany).

For further information, please contact:Espen Lundaas, +47 924 31 417Tore Jakob Berg, +47 934 80 202

This information is subject to the disclosure requirements under Section 5-12ofthe Norwegian Securities Trading Act.

https://newsweb.oslobors.no/message/654468