Komplett ASA

Share Issue/Capital Change • Jul 20, 2021

Komplett ASA - End of stabilisation period

Komplett ASA - End of stabilisation period

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE

SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR

JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE

UNLAWFUL

Oslo, 20 July 2021:  Reference is made to the stock exchange notice issued on 21

June 2021 regarding potential stabilisation activities in respect of the shares

in Komplett ASA ("Komplett" or the "Company"; trading symbol: KOMPL, ISIN: NO

0011016040) in connection with the successful completion of the initial public

offering of shares in the Company (the "Offering").

ABG Sundal Collier ASA, acting as stabilisation manager (the "Stabilisation

Manager") in connection with the Offering on behalf the Managers (as defined

below), hereby gives notice that stabilisation was undertaken in relation to the

shares in Komplett with a total of 3,500,000 shares purchased as part of the

stabilisation. The shares were purchased at an average price of NOK 58.77 and

stabilisation activities last occurred on 20 July 2021. For each of the dates of

which stabilisation transactions were carried out, the quantity, price

(highest), price (lowest) and weighted average price is found in the attached

stabilisation notice.

As a consequence of the stabilisation activities taken, the Stabilisation

Manager hereby gives notice that it will not exercise the greenshoe option and

shall re-deliver the 3,500,000 shares purchased through the stabilisation

transactions to Canica Invest AS, in accordance with the terms of the share

lending agreement between the parties.

ABG Sundal Collier ASA and Skandinaviska Enskilda Banken AB (publ), Oslo branch

(collectively, the "Joint Global Coordinators"), are acting as joint global

coordinators and joint bookrunners. DNB Markets, part of DNB Bank ASA, and

Pareto Securities AS are acting as joint bookrunners together with the Joint

Global Coordinators (collectively, the "Managers").

Advokatfirmaet Thommessen AS is acting as legal advisor to the Company and the

Canica Invest AS (being the selling shareholder in the Offering). Advokatfirmaet

Schjødt AS is acting as legal advisor to the Managers.

For further information, please contact:

ABG Sundal Collier ASA

Magnus Kvinge

Tel: +47 22 01 60 00

IMPORTANT INFORMATION:

These materials do not constitute or form a part of any offer of securities for

sale or a solicitation of an offer to purchase securities of Komplett in the

United States or any other jurisdiction. The securities of the Company may not

be offered or sold in the United States absent registration or an exemption from

registration under the U.S. Securities Act of 1933, as amended (the "U.S.

Securities Act"). The securities of the Company have not been, and will not be,

registered under the U.S. Securities Act. Any sale in the United States of the

securities mentioned in this communication will be made solely to "qualified

institutional buyers" as defined in Rule 144A under the U.S. Securities Act. No

public offering of the securities will be made in the United States. In any EEA

Member State, this communication is only addressed to and is only directed at

qualified investors in that Member State within the meaning of the EU Prospectus

Regulation, i.e., only to investors who can receive the offer without an

approved prospectus in such EEA Member State. The expression "EU Prospectus

Regulation" means Regulation (EU) 2017/1129 of the European Parliament and of

the Council of 14 June 2017 (together with any applicable implementing measures

in any Member State). In the United Kingdom, this communication is only

addressed to and is only directed at Qualified Investors who (i) are investment

professionals falling within Article 19(5) of the Financial Services and Markets

Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are

persons falling within Article 49(2)(a) to (d) of the Order (high net worth

companies, unincorporated associations, etc.) (all such persons together being

referred to as "Relevant Persons"). These materials are directed only at

Relevant Persons and must not be acted on or relied on by persons who are not

Relevant Persons. Any investment or investment activity to which this

announcement relates is available only to Relevant Persons and will be engaged

in only with Relevant Persons. Persons distributing this communication must

satisfy themselves that it is lawful to do so. This statement contains certain

forward-looking statements (as such defined in Section 21E of the U.S.

Securities Exchange Act of 1934, as amended) concerning future events, including

possible issuance of equity securities of the Company. Forward-looking

statements are statements that are not historical facts and may be identified by

words such as "anticipate", "believe", "continue", "estimate", "expect",

"intends", "may", "should", "will" and similar expressions. The forward-looking

statements in this release are based upon various assumptions, many of which are

based, in turn, upon further assumptions. Although the Company believes that

these assumptions were reasonable when made, these assumptions are inherently

subject to significant known and unknown risks, uncertainties, contingencies and

other important factors which are difficult or impossible to predict and are

beyond its control. Such risks, uncertainties, contingencies and other important

factors, , include, but are not limited to, the possibility that we will

determine not to, or be unable to, issue any equity securities, and could cause

actual events to differ materially from the expectations expressed or implied in

this release by such forward-looking statements. The information, opinions and

forward-looking statements contained in this announcement speak only as at its

date and are subject to change without notice. This announcement is made by and,

and is the responsibility of, the Company. The Managers are acting exclusively

for the Company and no one else and will not be responsible to anyone other than

the Company for providing the protections afforded to their respective clients,

or for advice in relation to the contents of this announcement or any of the

matters referred to herein. None of the Managers, the shareholders or any of

their respective affiliates makes any representation as to the accuracy or

completeness of this announcement and none of them accepts any responsibility

for the contents of this announcement or any matters referred to herein. This

announcement is for information purposes only. It is not intended as investment

advice and under no circumstances is it to be used or considered as an offer to

sell, or a solicitation of an offer to buy any securities or a recommendation to

buy or sell any securities of the Company. None of the Managers, the

shareholders or any of their respective affiliates accepts any liability arising

from the use of this announcement. Each of the Company, the shareholders, the

Managers and their respective affiliates expressly disclaims any obligation or

undertaking to update, review or revise any statement contained in this

announcement whether as a result of new information, future developments or

otherwise. The Offering may be influenced by a range of circumstances, such as

market conditions, and there is no guarantee that the Offering will proceed and

that the Listing will occur. Certain figures contained in this document,

including financial information, may have been subject to rounding adjustments.

Accordingly, in certain instances, the sum or percentage change of the numbers

contained in this document may not conform exactly with the total figure given.

The distribution of this announcement and other information may be restricted by

law in certain jurisdictions. Persons into whose possession this announcement or

such other information should come are required to inform themselves about and

to observe any such restrictions. Specifically, neither this announcement nor

the information contained herein is for publication, distribution or release, in

whole or in part, directly or indirectly, in or into or from the United States

(including its territories and possessions, any State of the United States and

the District of Columbia), Australia, Canada, Hong Kong Japan or any other

jurisdiction where to do so would constitute a violation of the relevant laws of

such jurisdiction. The publication, distribution or release of this announcement

may be restricted by law in certain jurisdictions and persons into whose

possession any document or other information referred to herein comes should

inform themselves about and observe any such restriction. Any failure to comply

with these restrictions may constitute a violation of the securities laws of any

such jurisdiction