Webstep

Webstep ASA: Result of offer under share purchase programme and share capital increase

Oslo, 14 December 2021: Reference is made to the stock exchange announcement

published by Webstep ASA (the "Company") on 6 December 2021, regarding the offer

of shares to employees in the Company and its subsidiary Webstep AS under a

share purchase programme (the "Offer"). The deadline for acceptance of the Offer

expired today, on 14 December 2021, at 16:30 hours (CET).

The offer price for the shares in the Offer has been set to NOK 26.63 (the

"Offer Price"). The Offer Price equals the volume weighted average share price

for the Company's shares on the Oslo Stock Exchange during the application

period for the Offer from 09:00 hours (CET) on 6 December 2021 to 16:30 hours

(CET) on 14 December 2021, with a discount of 25%.

Based on the applications received, the board of directors of the Company has

allocated a total of 232,103 shares to the participants in the Offer.

Furthermore, the board of directors has, on the basis of an authorisation

granted to it by the extraordinary general meeting held on 23 November 2021,

resolved to increase the share capital of the Company with NOK 232,103, by

issuance of 232,103 new shares, each with a nominal value of NOK 1.00, at a

subscription price equal to the Offer Price.

Following registration of the share capital increase pertaining to the Offer

with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret),

the new share capital of the Company will be NOK 27,322,208, divided into

27,322,208 shares, each with a nominal value of NOK 1.00.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public

sector, with the IT expertise necessary to deliver the most demanding

digitalisation and IT services.The Webstep Group employs approximately 450

employees in Norway and Sweden. The company offers its services to more than 200

customers annually and has been recognised for its work environment.

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