Flagging in Airthings ASA

20 Mar 2023 12:51 CET

We refer to the flagging notification on 9 March 2023 regarding Firda AS, which
had entered into a share lending agreement pursuant to which it granted Carnegie
AS an option to borrow up to 3,625,000 shares in Airthings ASA ("Airthings") to
facilitate settlement in Airthings’ private placement.

The new shares were registered today in the Norwegian Register of Business
Enterprises, and Carnegie AS has now returned the shares to Firda AS.

In connection with the return of the shares and Firda’s receipt of the shares
allocated to it in the private placement, Firda’s share ownership has increased
from 31,982,039 shares (18.38% based on the pre-placement total of 173,992,346
outstanding shares) on 9 March 2023 to 53,938,289 (27.32% based on the
post-placement total of 197,429,846 outstanding shares). The 27.32% includes the
500,000 shares referred to in the Company’s mandatory notifications of trade on
15 and 16 March 2023 regarding Firda.

This information is subject to the disclosure requirements pursuant to Section
5-12, cf. Section 4-2 of the Norwegian Securities Trading Act.

For more information, please contact:

Jeremy Gerst - CFO
T: +47 455 11 103
E: jeremy.gerst@airthings.com

More information:
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