Lumi Gruppen AS | Mandatory notification of trade

Oslo, 9 July 2025: On 9 July 2025, Lola Bidco AS, a close associate of theboardmember and primary insider Ashkan Senobari, purchased a total of 758,815sharesin Lumi Gruppen AS, at a price of NOK 15.25. Following the transaction, LolaBidco AS owns 14,395,758 shares in Lumi Gruppen AS, equal to approximately24.81% of the company's share capital, and together with its affiliate,HanoverActive Equity Fund III SCA SICAV-RIAF, 34,899,970 shares, equal toapproximately60.14% of the company's share capital.

Please see the enclosed form for further details about the transaction.

This information is subject to the disclosure requirements in Regulation EU596/2014 (MAR) article 19 number 3 and section 5-12 of the NorwegianSecuritiesTrading Act.

About Lumi: Lumi Gruppen is a leading Norwegian education provider founded in1989. Today, Lumi Gruppen consists of two main divisions: Oslo Nye Høyskole(ONH) and Sonans. ONH is a private university college established in 2007,with80% of the students studying online, supplemented by a brand new, modern andwell-equipped campus opened in 2025 located in central Oslo. ONH has grownrevenues more than 15% per annum over the past 10 years reflecting its focusonfast growing areas of study demand delivered across a modern, accessible andflexible mix of channels. Sonans is Norway's market leader in high schoolprivate candidate exam preparation courses, primarily to help former highschoolstudents achieve better exam results and/or complete their high school diplomato enter higher education.

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