ECIT AS

Director's Dealing • Mar 11, 2024

Fornebu, 11 March 2024

Mandatory notification of trade primary insiders

Company announcement No. 234

On 11 March 2024, Plenborg Holding ApS, a company closely associated to PDMR Thomas Plenborg, converted 2,093,129 B-shares in ECIT AS into 2,093,129 C-shares in ECIT AS. The convertion was completed at a price of NOK 6.80 per share.

After the transaction, Thomas Plenborg's total number of shares, including the shares owned by persons closely associated to him, remains unchanged and as follows:

2,102,129 shares (all classes) and 285,000 Warrants.

For description of "Warrants", reference is made to Company announcement no. 90 regarding incentive plan.

For further information please contact

Mads Skovgaard, Group CFO mskovgaard@ecit.com +45 2780 4942

About ECIT

Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a fullyear proforma revenue of 3.6 billion NOK per FY 2023 and more than 2,600 employees across ten countries. M&A has been key to drive the Company's growth as ECIT has completed more than 135 acquisitions since 2013. Read more at www.ecit.com.