Correction - Mandatory notification of trade by Primary Insiders – Pexip Holding ASA

Reference is made to the stock market announcement issued today May 13, 2022, regarding mandatory notification of trade by primary insider Kjell Skappel. The number of shares and average price has been corrected.

Pexip Holding ASA ("Pexip" or "The Company", Oslo Børs Ticker: PEXIP) has been notified that Vice Chair of the Board Kjell Skappel today, May 12, 2022 has purchased 1,365,000 shares in the Company at an average price of NOK 16.83 per share through TD Veen AS, Veen Eiendom AS, and Stavanger Venture AS.

After the transaction TD Veen AS, where Kjell Skappel is CEO, holds 5,872,764 shares in Pexip. In addition, Veen Eiendom AS, where Kjell Skappel is CEO, holds 2,099,223 shares in Pexip. In addition, Kjell Skappel holds 1,970,018 shares in Pexip through Stavanger Venture AS and 22,500 shares through Radka Invest AS. Stavanger Venture is wholly owned company by Radka Invest. Radka Invest is wholly owned by Kjell Skappel.

After today’s transactions, the companies controlled by Kjell Skappel own 9,964,505, shares in Pexip, corresponding to an ownership of 9.54%.

The information included in this announcement is such that the Company is required to disclose in accordance with the EU Market Abuse Regulation (MAR) and is publicly disclosed in accordance with MAR and section 5-12 of the Norwegian Securities Trading Act. The announcement is made by the contact person.

For further information, please contact:

Investor Relations: [email protected], +47 93 87 05 25