Circio Holding ASA – Exercise of Warrants by primary insider

Oslo, Norway 11 December 2024, Circio Holding ASA (OSE: CRNA) Reference is made to the stock exchange announcement on 4 December 2024 regarding commencement of the exercise period for Warrants from 4-18 December 2024 (the "Exercise Period").

Thomas Birkballe Hansen, Chief Technology Officer of Circio, has on 10 December 2024 exercised a total of 46,800 Warrants, for the allocation of 46,800 New Shares in the Company at a price per New Share of NOK 0.60. This represents all of the Warrants issued to Thomas Birkballe Hansen in connection with the Rights Issue completed in July 2024.

A total of 13,864,852 warrants (the “Warrants”) were issued and registered with the Norwegian Register of Business Enterprises on 26 July 2024 in relation to the rights issue completed in July 2024. Each Warrant gives the holder a right to subscribe for one new share in the Company at an exercise price per share of NOK 0.60 during the exercise period (the "New Shares").

Please see further details about the transactions in the attached form.

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