Techstep ASA – Primary insider notification

Reference is made to Techstep ASA’s (“Techstep” or “the Company”) stock exchange announcements on 29 and 30 September 2022 regarding completion of the private placement of new shares and the share lending agreement between the Company, Arctic Securities AS and SpareBank 1 Markets AS (“the Managers”), Datum AS and Karbon Invest AS.

As at 11 October 2022, the Managers have returned all 19,492,760 borrowed shares to Datum AS and all 19,492,760 shares to Karbon Invest AS. Datum AS is owned by deputy board member Jan Haudemann-Andersen, while Karbon Invest AS is controlled by chairman Jens Rugseth.

Please see the attached forms for further information.

For more information, please contact:

Anita Huun, CFO, Techstep ASA: +924 11 563

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