Shareholder information

SHARE PRICE DEVELOPMENT NRC Group ASA has one class of shares. There were 72,954,549 shares issued at the end of 2021, each with a nominal value of NOK 1.00. The number of shares issued was unchanged during the year.

In 2021, the Group’s shares traded between NOK 32.60 and NOK 14.64 per share. During the year, 79 million shares were traded in total.

35.00

30.00

25.00

20.00

15.00

10.00 jan. 21

NRC Group apr. 21 jul. 21 okt. 21

MAJOR SHAREHOLDERS AND VOTING RIGHTS NRC Group had 4,576 registered shareholders in the Norwegian Central Securities Depository (VPS) on 31 December 2021 (4,019 at end-2020), whereof the 20 largest shareholders owned 66.1% (71.3%). The percentage of issued shares held by foreign shareholders was 55.6%, compared with 67.2% at year-end 2020. All the shares registered by name carry equal voting rights. The shares are freely negotiable.

NRC GROUP’S 20 LARGEST SHAREHOLDERS AS OF 31 DECEMBER 2021:

Name Country Holding Stake

VR-Yhtymä Oy J.P. Morgan Bank Luxembourg S.a. The Bank of New York Mellon SA/NV J.P. Morgan Bank Luxembourg S.A. Verdipapirfondet Nordea Norge Skandinaviska Enskilda Banken AB Protector Forsikring ASA Verdipapirfondet Nordea Kapital Verdipapirfondet Nordea Avkastning Avanza Bank AB Gunnar Knutsen Holding AS LGA Holding AS DNB Nor Bank ASA VJ Invest AS Heim Haugo AS J.P. Morgan Bank Luxembourg S.A. Danske Invest Norge Vekst Skandinaviska Enskilda Banken AB Clearstream Banking S.A. Verdipapirfondet Nordea Norge Plus Total number owned by top 20 Total number of shares FIN 13,336,415 LUX 7,402,764 18.28% 10.15%

BEL LUX NOR LUX NOR NOR NOR SWE NOR NOR NOR NOR NOR LUX NOR SWE LUX NOR 6,646,217 2,132,579 1,955,078 1,811,929 9.11% 2.92% 2.68% 2.48%

1,785,634 1,534,245 1,300,924 1,261,884 1,252,677 1,150,102 1,119,258 916,229 850,745 842,606 812,000 750,000 714,288 669,115

2.45% 2.10% 1.78% 1.73% 1.72% 1.58% 1.53% 1.26% 1.17% 1.15% 1.11% 1.03% 0.98% 0.92% 48,244,689 66.13% 72,954,549 100%

An overview of the 20 largest shareholders is available on the NRC Group website, updated every week.

CORPORATE ACTIONS

Corporate action

Initiation of share buyback programme for up to NOK 12 million, related to the 2021 employee share programme

Completion of share buy-back programme Date

19.05.21

03.06.21

DIVIDENDS AND DIVIDEND POLICY NRC Group shall, over time, give its shareholders a competitive return on their investment in the shares of the company. The company expects to create value for its shareholders by combining increased share value in a long-term perspective and distribution of dividends. The company aims to have a dividend policy comparable with peer groups in the industry and to give its shareholders a competitive return on invested capital relative to the underlying risks. The Board of Directors at NRC Group has introduced a dividend policy whereby, subject to a satisfactory underlying financial performance, it is NRC Group’s ambition over time to distribute as dividend a minimum of 30% of the profit for the year. The target level will be subject to adjustment depending on possible other uses of funds. Based on the 2021 results, the Board of Directors will not propose any dividend for 2021.

ANALYST COVERAGE Five Norwegian and Nordic investment banks had active coverage of NRC Group ASA in 2021, unchanged from 2020. For contact details, please see the company website www.nrcgroup.com. GENERAL MEETINGS AND BOARD AUTHORISATIONS The 2021 AGM granted the Board of Directors the following authorisations:

1. Authorisation to increase the share capital by up to NOK 1,200,000 in connection with option programme for senior executives. 2. Authorisation to acquire treasury shares in

NRC Group ASA for up to a maximum nominal value of NOK 7,295,455. 3. Authorisation to increase the share capital by a maximum of NOK 7,295,455. The capital increase may be paid in cash, by set-off or by contributions in assets other than money.

Further information can be found in the minutes from the Annual General Meeting, available from the Company’s website www.nrcgroup.com and www.newsweb.no.

FINANCIAL CALENDAR 2022

Event Date

Annual General Meeting 05.05.2022 Interim report – Q1 2022 11.05.2022 Half-yearly interim report – Q2 2022 18.08.2022 Interim report – Q3 2022 08.11.2022

IR POLICY NRC Group’s IR policy can be found at www.nrcgroup.com.