ECIT AS

Share Issue/Capital Change • Feb 2, 2024

Fornebu, 2 February 2024

Changes to share capital registered Company announcement No. 221

Reference is made to company announcement no. 212 of 20 December 2023, where the board of directors resolved to issue 8,371,728 B-shares and 2,530,672 C-shares at a nominal value of NOK 1.00 per share, in total 10,902,400 shares, in connection with the settlement for shares in subsidiaries.

The increase of share capital in ECIT AS is now registered in The Brønnøysund Register.

The share capital has been increased from NOK 454,105,373 to NOK 465,007,773.

The distribution of shares, after the capital increase, is as follows:   

A-shares: 41,336,068 B-shares: 353,388,802 C-shares: 70,282,903

DISCLOSURE REGULATION

This is information that ECIT AS is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

For further information, 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 3.5 billion NOK per Q3 2023 and more than 2,500 employees

ECIT AS Company registration number: 912 040 801 Rolfsbuktveien 4A, 1364 Fornebu, Norway +47 22 72 14 14 http://www.ecit.com investor@ecit.com

across ten countries. M&A has been key to drive the Company's growth as ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com.

ECIT AS Company registration number: 912 040 801 Rolfsbuktveien 4A, 1364 Fornebu, Norway +47 22 72 14 14 http://www.ecit.com investor@ecit.com