Conversion of share class

11 Mar 2024 18:34 CET

Company announcement No. 233

In accordance with the company’s articles of association, the company has
received notice with request to convert 2,093,129 B-shares into C-shares.

The company has today converted 2,093,129 B-shares in ECIT AS into 2,093,129
C-shares in ECIT AS. The company’s articles of association have been updated
accordingly. Updated articles of association will be registered in the
Brønnøysund Register.

After the conversion, the company’s share capital of NOK 465,007,773 is divided
between three share classes as follows:

- A-shares with a nominal value of NOK 1.00: 41,336,068
- B-shares with a nominal value of NOK 1.00: 351,295,673
- C-shares with a nominal value of NOK 1.00: 72,376,032


DISCLOSURE REGULATION   
This is information that ECIT AS is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.


For further information please contact
Mads Skovgaard, Group CFO
mskovgaard@ecit.com
+45 2780 4942


About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll,
and IT services. ECIT has a proven model for acquisitions, combining proximity
to customers, local entrepreneurship and the strength of a larger international
group. ECIT has a full-year proforma revenue of 3.6 billion NOK per FY 2023 and
more than 2,600 employees across ten countries. M&A has been key to drive the
Company's growth as ECIT has completed more than 135 acquisitions since 2013.
Read more at www.ecit.com.

More information:
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613150_ECIT_StockExchangeRelease_No 233_beslutning om konvertering.pdf