Techstep ASA - Disclosure of large shareholdings

Reference is made to Techstep ASA's stock exchange announcement on 24 October 2022 regarding the notifiable transaction in connection with the Tranche 2 of the Private Placement.

Datum AS ("Datum") has on 24 October 2022 entered into a share lending agreement in connection with the Private Placement where Datum has agreed to lend a total of 17,710,190 existing and tradable shares in Techstep ASA to Arctic Securities AS and Sparebank 1 Markets AS (the "Managers") to facilitate partial DVP settlement of the Tranche 2 shares in the Private Placement. This lending results in Datum holding a total of 40,644,586 shares in Techstep ASA, corresponding to 14.5% of the issued share capital of NOK 281,130,810 (reflecting the issued, but not registered Tranche 2 shares), thereby crossing the 15% threshold.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.