Pexip Holding

Transaction in Own Shares • Feb 21, 2022

Pexip Holding ASA - Share Buyback

Pexip Holding ASA - Share Buyback

Oslo, February 21, 2022: Please see below information about transactions made

under the share buyback program for Pexip Holding ASA ("Pexip" or "the

Company").

Date on which the buyback program was announced: February 10, 2022.

The duration of the buyback program: Initiated February 11, 2022 and will end

the earlier of such time as the buyback has been completed and March 10, 2022.

Size of the buyback program: Up to NOK 87.5 million.

From February 11, 2022 until February 21, 2022, Pexip Holding ASA has purchased

a total of 1,098,498 own shares at Oslo Børs at an average price of NOK 38.79

per share. Pexip Holding ASA owns a total of 1,792,948 own shares, corresponding

to 1.72% of Pexip Holding ASA's share capital.

This is information made public by the Company pursuant to the EU Market Abuse

Regulation and subject to the disclosure requirements pursuant to Section 5-12

the Norwegian Securities Trading Act.

Appendix: A detailed overview of all transactions made under the buyback program

that have been carried out during the above-mentioned time period is attached

and available at www.newsweb.no.

For further information, please contact:

Mirza Koristovic, Director Investor Relations, IR@pexip.com, +47 93 87 05 25

About Pexip | pexip.com

Pexip simplifies complex videoconferencing to empower organizations with face-to

-face collaboration, no matter the location or technology. Our scalable platform

enables high-quality video meetings, with enterprise-grade security, and is

easily adapted to fit customers' IT requirements and existing infrastructure.

This makes Pexip the leading provider for  large enterprises and public sector

organizations. The solution is sold through 300 channel partners in 75 countries

and used in more than 190 countries. Pexip was listed on the Oslo Børs in May

2020.