Reference is made to the announcement made on 3 November 2020 regarding a contemplated buy-back of up to EUR 50 million nominal outstanding amount of B2H02 (ISIN: NO 0010775166) senior unsecured bonds maturing on 4 October 2021. The "Reverse Dutch Auction" closed 13:00 CET 6 November 2020. B2Holding ASA has decided to accept all offers up to and including a price of 101.75% of par value plus accrued unpaid interest in B2H02 ("the Buy-Back Price"). B2Holding ASA hereby confirms to buy back a nominal amount of EUR 25.05 million in B2H02 by paying the Buy-Back Price. Cash settlement for the repurchase will occur on 11 November 2020. Following the buy-back the company holds a total nominal amount of EUR 42.55 million of B2H02 bonds and currently plans to hold such bonds on its balance sheet. DNB Markets acted as Manager for the buy-back. This information is subject of the disclosure requirements acc. to §5-12 of the Norwegian Securities Trading Act. For further information, please contact: Erik J. Johnsen, CEO, B2Holding ASA Mobile: +47 415 77 055 E-mail: ejj@b2holding.no or Rasmus Hansson, Head of M&A and Investor Relations, B2Holding ASA Mobile: +47 952 55 842 E-mail: rh@b2holding.no