KAHOOT! ASA – Disclosure of large shareholding

02 Nov 2022 14:23 CET

Reference is made to the stock exchange announcement on 16 September 2022,
regarding an agreement entered into by General Atlantic FT BV to purchase all of
SB Northstar LP's, a fund managed by a 100% directly owned subsidiary of
SoftBank Group Corp. ("SoftBank") shares in Kahoot! ASA (the "Company") to be
completed in two tranches (the "Transaction"), whereby the first tranche
purchase of 44,029,228 shares, representing 9.00% of the Company's share
capital, was completed on 26 September 2022.

General Atlantic FT BV has today completed the second tranche purchase of
29,470,772 shares, representing 6.02% of the Company's share capital. Following
completion of the Transaction, General Atlantic FT BV owns in total 73,500,000
shares and votes in the Company, representing 15.02% of the issued share capital
and votes. The chain of controlled undertakings through which the shares and
votes are effectively held is attached at Appendix A. The shares were purchased
at a share price of NOK 18.00 in the Transaction.

This disclosure is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.

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574549_GA Chain of controlling entities.pdf