Record quarter despite three lost weeks

Research evidence excerpt

Record quarter despite three lost weeks

Smartoptics

determined from the profitability of the ABG Sundal Collier group, which includes earnings from investment banking operations

and other business. Investors should assume that ABG Sundal Collier ASA, ABG Sundal Collier Denmark, filial af ABG Sundal

Collier ASA, Norge and/or ABG Sundal Collier AB is seeking or will seek investment banking or other business relationships with

the companies in this report.

The research analyst(s) responsible for the preparation of this report may interact with trading desk and sales personnel and other

departments for the purpose of gathering, synthesizing and interpreting market information. From time to time, ABG Sundal Collier

and/or its affiliates and any shareholders, directors, officers, or employees thereof may (I) have a position in, or otherwise be

interested in, any securities directly or indirectly connected to the subject of this report, or (II) perform investment banking or other

services for, or solicit investment banking or other services from, a company mentioned in this report. ABG Sundal Collier and/or

its affiliates rely on information barriers to control the flow of information contained in one or more areas of ABG Sundal Collier,

into other areas, units, groups or affiliates of ABG Sundal Collier.

Norway: ABG Sundal Collier ASA is regulated by the Financial Supervisory Authority of Norway (Finanstilsynet)

Denmark: ABG Sundal Collier Denmark, filial af ABG Sundal Collier ASA, Norge, is regulated by the Financial Supervisory Authority

of Norway (Finanstilsynet) and the Danish Financial Supervisory Authority (Finanstilsynet)

Sweden: ABG Sundal Collier AB is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen)