Carasent

CARASENT COMMENTS FURTHER ON EG S INTENTION TO LAUNCH VOLUNTARY CASH OFFER

The offer is likely to be rejected by above 39% of shareholders unless price

is significantly increased.

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED

STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE

UNLAWFUL.

Carasent ASA ("Carasent") refers to the stock exchange release from EG A/S

("EG") 29 April 2024 regarding EG's intention to make a cash tender offer for

all shares in Carasent at NOK 20 per share and Carasent's immediate comments

in a subsequent stock exchange release.

In response to Carasent's communication that it may seek to entertain

discussions and permit due diligence with interested parties, shareholders

holding above 39% of the shares have informed Carasent that they are not

minded to accept any offer which is not significantly above the level proposed

by EG. This includes the 16.6% stake of Vitruvian Partners.

Due to EG's announced intention to make an offer, Carasent presently remains

inclined to continue to discuss opportunities for a transaction with EG and

others. It is not known whether any such discussions will result in any

proposed transaction or the price and other terms of such proposed

transaction, be it in the form of a voluntary offer for Carasent's shares or

in any other form.

Carasent does not intend to make any public announcement in respect of any

such discussions unless and until such discussions might have resulted in any

definitive agreement in respect of any such proposed transaction.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to section 5-12 the Norwegian Securities Trading Act.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 19 no. 3. The information was submitted for publication

at 2024-05-03 16:31 CEST.

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