Share capital increase resolved in connection with employee share incentive program

20 Jan 2023 08:14 CET

Oslo, Norway: The board of directors of Crayon Group Holding ASA (the "Company")
has on January 19, 2023, registered in the Norwegian Register of Business
Enterprises to increase the Company's share capital in connection with issuance
of 115,576 new shares in relation to the share incentive program for employees
in the Company.

The new shares shall be subscribed by employees of the Company and its
subsidiaries under the approved share incentive schemes. The subscription price
per share is NOK 1.00 for 115,576. Total subscription amount is NOK 115,576.

The board's resolution to issue new shares in connection with the share
incentive program is made pursuant to an authorization granted by the Company's
Annual General Meeting on May 20, 2022, to increase the Company's share capital
in connection with, inter alia, a share program for all employees.

In aggregate, the Company's share capital is resolved increased by NOK 115,576
by issuance of 115,576 new shares in the Company, each with a nominal value of
NOK 1. The Company's new resolved share capital following the board's resolution
is NOK 89,401,344 (89,401,344 shares).

The following primary insiders have been allocated shares in connection with the
share incentive program:

Jens Rugseth, 1,940 number of shares
Mette Wam, 388 number of shares
Grethe Viksaas, 1,940 number of shares
Brit Smestad, 1,940 number of shares
Melissa Mulholland, 1,940 number of shares
Christian Ødemark, 388 number of shares
Julie Lorch-Falch Chrissafopoulos, 155 number of shares

Timothy Jay Herland, 388 number of shares

This information is subject of the disclosure requirements according to section
5-12 of the Norwegian Securities Trading Act.

For additional information, please contact:

KjellArne Hansen, Head of Investor Relations Crayon Group
Email: kjellarne.hansen@crayon.com
Phone: +47 950 40 372

About Crayon
Crayon is a customer-centric innovation and IT services company with over 3,700
team members across 46 countries. We optimize businesses’ IT estate to help them
innovate with expertise they can trust. Our services create value for companies
to thrive today, and scale for tomorrow. For more information, visit
www.crayon.com.

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