Itera

Pre-Annual General Meeting Information • May 3, 2022

Itera ASA: Notice of Annual General Meeting - correction 1245pm CET

Itera ASA: Notice of Annual General Meeting - correction 1245pm CET

Correction 1245pm CET: The English translation of the change in the Articles of Association (item 13) was reversed and should read:

§5 i Itera ASA’s Articles of Association is changed from:

“The Company’s Board of Directors consists of four to six members. Up to four members are elected by the General Meeting. The Chairperson of the Board of Directors and one board member shall jointly have signature rights for the Company. The Company shall not have more than one general manager.”

to:

“The Company’s Board of Directors consists of four to seven members. Up to five members are elected by the General Meeting. The Chairperson of the Board of Directors and one board member shall jointly have signature rights for the Company. The Company shall not have more than one general manager.”

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Oslo, 3 May 2022: The Annual General Meeting of Itera ASA (the "Company")will be

held on Tuesday 24 May 2021 at 17:00 hours (CET) at the Company's offices in

Nydalsveien 28, Oslo.

The notice and agenda for the general meeting is attached hereto and is also

sent to the Company's shareholders as well as made available on the Company's

webpage, www.itera.com.

Contact details for further information:

Bent Hammer, CFO

bent.hammer@itera.com

Tel. +47 982 15 497

About Itera – specialists in creating sustainable digital business

Itera creates sustainable digital business for innovative businesses in

data-intensive market segments. The group delivers solutions and services in

interdisciplinary teams within technology, strategic consulting, and design, and

works in a distributed delivery model, with teams across national borders. For

the past six years, Itera has been recognised as one of Norway's 25 most

innovative companies, and its distributed delivery model was recognised as best

in the world by the Global Sourcing Association (GSA) in 2018. The group has

around 650 employees, operations in Norway, Denmark, Sweden, Iceland, Slovakia

and Ukraine and is listed on the Oslo Stock Exchange under the ticker ITERA.

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

-12 of the Norwegian Securities Trading Act