Kahoot! ASA

Director's Dealing • Sep 10, 2021

Kahoot! ASA - PDMR notification in connection with the exercise of employee share options and registration of the new share capital

Kahoot! ASA - PDMR notification in connection with the exercise of employee share options and registration of the new share capital

Oslo, 10 September 2021: Reference is made to the stock exchange announcement on 3 September 2021 regarding the exercise of employee share options, the issuance of 3,195,100 new shares (the “New Shares”) in Kahoot! ASA (the "Company") and the share lending arrangement entered into by ABG Sundal Collier ASA, Newsbrott AS and the Company.

All 2,112,150 borrowed shares have today been returned to Newbrott AS. Newbrott AS is a close associate of primary insider Åsmund Furuseth (CPO of the Company).

For further information please contact:

Ken Østreng, CFO

Phone: +47 911 51 686

Email: keno@kahoot.com

Trine Haaland Danjalsson, Corporate Legal Director

Phone: +47 481 86 690

Email: trined@kahoot.com

About Kahoot!

Kahoot! is on a mission to make learning awesome! We want to empower everyone, including children, students, and employees to unlock their full learning potential. Our learning platform makes it easy for any individual or corporation to create, share, and play learning games that drive compelling engagement. Launched in 2013, Kahoot!’s vision is to build the leading learning platform in the world. In the last 12 months, 300 million games have been played on the Kahoot! platform by 30 million active accounts, with 1.9 billion participating players in more than 200 countries. The Kahoot! family also includes award-winning DragonBox math learning apps, the Poio learn to read app, the Drops language learning apps, the Actimo and Motimate employee engagement and corporate platforms and Whiteboard.fi, the online whiteboard tool for all educators, teachers and classrooms, and Clever Inc., the leading learning platform in K-12 US education. The Kahoot! Group is headquartered in Oslo, Norway with offices in the US, the UK, France, Finland, Estonia, Denmark and Spain. Kahoot! is currently listed on the Oslo Stock Exchange under the ticker KAHOT. Let’s play!

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.