Pexip Holding ASA - Share Buyback

Oslo, February 21, 2022: Please see below information about transactions made under the share buyback program for Pexip Holding ASA ("Pexip" or "the Company").

Date on which the buyback program was announced: February 10, 2022.

The duration of the buyback program: Initiated February 11, 2022 and will end the earlier of such time as the buyback has been completed and March 10, 2022.

Size of the buyback program: Up to NOK 87.5 million.

From February 11, 2022 until February 21, 2022, Pexip Holding ASA has purchased a total of 1,098,498 own shares at Oslo Børs at an average price of NOK 38.79 per share. Pexip Holding ASA owns a total of 1,792,948 own shares, corresponding to 1.72% of Pexip Holding ASA's share capital.

This is information made public by the Company pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Appendix: A detailed overview of all transactions made under the buyback program that have been carried out during the above-mentioned time period is attached and available at www.newsweb.no.

For further information, please contact:

Mirza Koristovic, Director Investor Relations, [email protected], +47 93 87 05 25