Reminder of deadlines in the Proposal

28 Feb 2023 14:41 CET

Reference is made to Convene Holding AS' (the "Issuer") announcement of written
resolution made on 20 February 2023, announcing the approval of a comprehensive
recapitalization proposal (the "Proposal") presented in the summons to written
resolutions, dated 15 February 2023 (the "Summons").

Capitalized words and expressions in this notification shall have the meaning
ascribed to them in the Summons.

The principal and interest on the First Lien Bonds have separate ISINs, with
NO0012774118 (Principal) and NO0012774134 (Interest).

The principal and interest on the Second Lien Bonds have separate ISINs, with
NO0010808256 (Principal) and NO0012774142 (Interest).

For the sake of order, the bondholders are hereby reminded of the following
deadlines as further described in the Summons:


Bond conversions: The bondholders are encouraged to deliver the following (the
Share Transfer Deliverables) to the Issuer on or before 1 March 2023:

1. For personal bondholders only:
a. Name
b. Home address
c. Personal identification number
d. Phone number
e. E-mail address.

2. For corporate bondholders only:
a. A recent trade register excerpt or certificate of registration (Norw.
Firmaattest) not older than 30 days from the date of which we receive the
certificate.
b. Contact person, including phone number and e-mail address.

3. For both personal and corporate bondholders: Proof of holding of your
technical holding of Converted Bonds, i.e. a printout from CSD (VPS account) or
similar proof, dated on or about the date that the printout is sent to us.

The Share Transfer Deliverables described above must be sent to the Issuer
through its legal advisor Tor Herdlevær of Advokatfirmaet Selmer AS at
the@selmer.no.

Failure to meet the deadline described above does not preclude a bondholder from
subsequent participation in the bond conversions, as additional deadlines will
apply at 30 June 2023 and 30 November 2023, as described in the Summons.


Capital raise: Bondholders wishing to participate in the capital raise described
in section 3.7 of the Summons must

1. indicate their interest to participate in the capital raise by email to
Arendt Services, at 6859@arendtservices.com no later than 1 March 2023 at 10:00
(Oslo time);

2. deliver the Share Transfer Deliverables described above on or before 1 March
2023 to the Issuer through its legal advisor Tor Herdlevær of Advokatfirmaet
Selmer AS at the@selmer.no; and

3. be able to fund their participation in the New Capital by 10.00 (Oslo time)
on 15 March 2023.

No additional deadlines will apply with respect to the capital raise, and
failure to meet said deadlines will preclude participation in the capital raise.

Nothing in this reminder limits or amends the content of the Proposal.


Important information

Matters discussed in this announcement constitute forward-looking statements.
Forward-looking statements are statements that are not historical facts and may
be identified by words such as “believe”, “expect”, “anticipate”, “strategy”,
“intends”, “estimate”, “will”, “may”, “continue”, “should” and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although Convene Holding believes that these assumptions were reasonable when
made, these assumptions are inherently subject to significant known and unknown
risks, uncertainties, contingencies and other important factors which are
difficult or impossible to predict and are beyond its control. The information,
opinions and forward-looking statements contained in this announcement speak
only as at its date and are subject to change without notice. Convene Holding
undertakes no obligation to review, update, confirm, or to release publicly any
revisions to any forward-looking statements to reflect events that occur or
circumstances that arise in relation to the content of this announcement.

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