Komplett ASA

Komplett ASA: Share capital increase completed

Sandefjord/Oslo, 19 November 2022: Reference is made to the stock exchange

announcement made by Komplett ASA (the "Company") on 15 November 2022 regarding

the successful completion of a private placement to raise gross proceeds of NOK

1,000,050,000 (the "Private Placement").

The settlement of the Private Placement was divided into two tranches, whereas

settlement with investors other than Canica Invest AS and SIBA Invest Aktiebolag

took place in full in the first tranche ("Tranche 1"). The share capital

increase relating to the issuance of 27,500,000 new shares in the Company in

connection with Tranche 1 has been registered with the Norwegian Register of

Business Enterprises (Nw.: Foretaksregisteret).

Of the in total 27,500,000 new shares issued, 21,499,515 new shares will be

issued on the listed ISIN NO0011016040 and will be tradable on the Oslo Stock

Exchange immediately following issuance, while the remaining 6,000,485 new

shares will be issued on a temporary ISIN NO 0012763434. These shares will be

transferred to the ISIN NO0011016040 and listed on the Oslo Stock Exchange

following publication of a prospectus, which is expected in early Q1 2023.

The new share capital of Komplett ASA is NOK 53,999,031.60, divided into

134,997,579 shares, each with a nominal value of NOK 0.40.

For further information, please contact:

Krister A. Pedersen, CFO

Kristin Hovland, Head of Communication

About Komplett ASA

Komplett Group is a leading online-first electronics and IT products retailer,

operating in Norway, Sweden and Denmark. Serving customers in the B2C, B2B and

distribution markets, the Group is deeply focused on delivering best in class

customer experience, built through decades of knowhow, expertise and deep

customer commitment. Komplett Group operates an efficient and scalable business

model that supports cost leadership and enables a competitive product offering.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act.

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