Techstep ASA - Mandatory notification of trade in connection with Private Placement

09 Oct 2024 23:27 CEST

Reference is made to the stock exchange announcement published by Techstep ASA
("Techstep" or the "Company") on 9 October 2024 regarding the successful private
placement and allocation of to 2,777,777 new shares (the "Offer Shares") in the
Company at a subscription price of NOK 10.80  per Offer Share (the "Offer
Price") (the "Private Placement").

Following the approval of the Private Placement by the Company's board of
directors (the "Board") the following primary insiders and close associates of
primary insiders have subscribed for, and been allocated, Offer Shares in the
Private Placement at the Offer Price as follows:

· Datum AS has been allocated 512,463 Offer Shares. Datum AS is a close
associate of member of the board of directors of the Company (the "Board"),
Harald Arnet.

· Karbon Invest AS has been allocated 383,927 Offer Shares. Karbon Invest is a
close associate of member of the Board, Jens Rugseth.

· Michael Jacobs, chairman of the Board, has been allocated and subscribed
20,000 Offer Shares.

· Mia Unhjem Meier, a close associate of Morten Meier the CEO of the Company,
has been allocated and subscribed 50,000 Offer Shares.

Primary insider notifications pursuant to the EU Market Abuse Regulation Article
19 are attached.

For further information, please contact:

Morten Meier, CEO, Techstep ASA: +47 970 57 717
Ellen Solum, CFO, Techstep ASA: +47 976 66 717

About Techstep

Techstep is a mobile & circular technology company, enabling organisations to
perform smartly, securely, and sustainably by combining mobile devices, software
and expertise to meet customers' business and ESG goals. We are a leading
provider of managed mobility services in Europe, serving more than 2,100
customers in Europe with an annual revenue of NOK 1.1 billion in 2023. The
company is listed on the Oslo Stock Exchange under the ticker TECH. To learn
more, please visit www.techstep.io.

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act, EU Market Abuse Regulation Article
19 and Euronext Oslo Rule Book II.

More information:
Access the news on Oslo Bors NewsWeb site

629304_KRT_1500_forms.pdf