INDUCT CEO PURCHASE SHARES IN INDUCT

30 May 2023 08:53 CEST

NPP Capital AS, a company fully owned by CEO Alf Martin Johansen, has purchased
21.050 shares in Induct at an average price of NOK 5.63 per share. After the
transaction, NPP Capital AS holds 1.884.781 shares in Induct AS. The shares were
purchased and subscribed on 24th and 25th of May 2023.

For further information, please contact: Alf Martin Johansen, Chief Executive
Officer +47 90 17 94 35, amj@induct.net

About Induct
Induct offers a digital platform for work and collaboration, for individuals
@HOME and organizations @WORK. The platform makes it easy to manage and
collaborate on projects, create discussion groups, manage and collaborate on
contracts, and support organizational growth and development through dedicated
governance rooms.

If you use @HOME or @WORK - Induct aims to make your digital every-day life a
bit easier by giving you access to video meetings, task management, file manager
and unlimited document storage, news feeds and chat areas. Induct.net is a
secure, collaborative and access-controlled platform that is free to use for
individuals and organizations.

There is no charge per user or hidden costs. Want to learn more and get started?
Visit us at induct.net.

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