Techstep ASA - Major shareholder disclosure

Reference is made to stock exchange notices 9 October 2024 published by Techstep ASA (the "Company") regarding the Company's private placement of NOK 30 million (the "Private Placement").

Valset Invest AS has today, 10 October 2024, been allocated 740,740 new shares in the Private Placement. After the Private Placement, Valset Invest AS will hold 2,187,565 shares in the Company, representing 6.36% of the outstanding shares and voting rights in the Company following the registration in the Norwegian Register of Business Enterprises. Valset Invest AS has consequently crossed above the 5% reportable threshold of the outstanding shares and voting rights in the Company.

The information above is subject to the disclosure requirements in section 4-2 of the Norwegian Securities Trading Act.