Reference is made to today's announcement from Techstep ASA (the "Company") regarding a share capital increase resolved by the Board of Directors in connection with the Company's employee share purchase program (the "ESPP").

Under the ESPP, participants were offered to subscribe for shares with a 20% discount, calculated as the volume weighted average price during the subscription period. The subscription period lasted from 10 November 2023 to 17 November 2023, and the subscription price was NOK 6.492 per share.

The following primary insiders have applied for and been allocated new shares in the ESPP:

  • David Landerborn (interim CEO) has acquired 3,080 shares. Following this, David Landerborn holds 32,497 Techstep shares
  • Ellen Solum (CFO) has acquired 15,402 shares. Following this, Ellen Solum holds 15,402 Techstep shares
  • Bartosz Leoszewski (Chief Technology Officer) has acquired 1,540 shares. Following this, Bartosz Leoszewski holds 41,336 Techstep shares

Please see the attached forms for further information.

For further information, please contact:

Ellen Solum, CFO of Techstep: +47 976 66 717

About Techstep ASA

Techstep is a complete mobile technology enabler, making positive changes to the world of work; freeing people to work more effectively, securely and sustainably. We help customers who want to work smarter, while also delivering on their ESG commitments. With around 270 employees based in Norway, Sweden, Denmark and Poland, we serve more than 2 000 enterprise customers in Europe. Techstep had NOK 1.3 billion in full year 2022 revenues, and is listed on the Oslo Stock Exchange under the ticker TECH. To learn more, please visit www.techstep.io/investor.

This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation Article 19 and section 5-12 of the Norwegian Securities Trading Act.

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