Reference is made to the press release for achievement of milestone by the Shell Penguins on 4 February 2025. Magnora ASA has now confirmed receipt of the funds from Shell UK Ltd. and the funds will without delay be forwarded to Hermana to settle part of the demerger receivable established between the two companies last year. For further information, please contact: Stein Bjørnstad, CEO, stein.bjornstad@hermanaholding.com, +47 952 68 712 About Hermana: Hermana Holding ASA is a royalty and investment company that provides financing in exchange for revenue streams or ownership stakes. The company has been listed on the main list of the Oslo Stock Exchange since June 2024. Hermana has revenues from FPSO design rights previously owned by Sevan Marine ASA and Magnora ASA. Hermana has low costs, a capital-light balance sheet, and a patient and ambitious approach to capital allocation.
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