Zaptec ASA: Buy-back of own shares to meet obligations arising from share incentive programs

17 Jan 2025 07:00 CET

Sandnes, Norway, 17 January 2025:

Zaptec ASA ("Zaptec" or the "Company") hereby discloses its intention to buy
back up to 131,000 existing shares in the Company (the "Buy-Back"). The purpose
of the Buy-Back is to meet obligations arising from the Company's share
incentive programs. Shares will be acquired on various trading venues and at or
around market price on such trading venue. The Company has mandated ABG Sundal
Collier ASA to assist with the Buy-Back. A stock announcement with details on
the transactions will be disclosed upon completion of the Buy-back.

For more information, please contact:
Kurt Østrem, CEO, Zaptec ASA Tel: + 47 40 40 47 00, e-mail: kurt@zaptec.com
Eirik Fjellså Hærem, CFO & Deputy CEO, Zaptec ASA Tel: +47 95 72 21 45, e-mail:
efh@zaptec.com
Kristian Sæther, Finance Director & IR, Zaptec ASA Tel: + 47 90 70 85 12,
e-mail: investor@zaptec.com

About Zaptec: Zaptec is a technology company within electric vehicle (EV)
charging systems in Europe. The company develops EV charging systems for multi
and single-family homes and office buildings. The product portfolio enables many
charging points at a low cost and includes Zaptec Pro, Zaptec Go, Zaptec Portal,
and Zaptec Sense. The company accelerates the electrification of the transport
sector to assist European countries in reducing CO2 emissions from light-duty
cars.

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