Komplett ASA

Regulatory Filings • Jun 10, 2021

Komplett ASA – Applications by primary insiders

Komplett ASA – Applications by primary insiders

Oslo, 9 June 2021. Reference is made to the announcement by Komplett ASA (the "Company" or "Komplett", OSE ticker "KOMPL") earlier today, on 9 June 2021, regarding the commencement of the bookbuilding period and the application periods in the initial public offering of shares in the Company (the "Offering").

The following primary insiders of the Company and close associates of primary insiders have today, 9 June 2021, applied for offer shares in the Offering in accordance with the terms and conditions set out in the prospectus dated 8 June 2021 (the "Prospectus"):

* Nils K. Selte (Chair of the Board of Directors) has applied for offer shares in the amount of NOK 3,000,000 through Nian AS, a company wholly owned by Selte.

* Lars Thoresen (Board Member) has applied for offer shares in the amount of NOK 3,000,000 through LT Finans AS, a company owned with 40% by Thoresen and 60% by his underage children.

* Krister Pedersen (Chief Financial Officer) has applied for offer shares in the amount of NOK 2,000,000 through Crit AS, a company wholly owned by Pedersen.

* Martin Klafstad (Director B2C (interim)) has applied for offer shares in the amount of NOK 1,000,000 through AS Master Trading, a company wholly owned by Klafstad.

* Anders Odden (Employee Representative) has applied for offer shares in the amount of NOK 500,000.

* Jennifer Lee Koss (Board Member) has applied for offer shares in the amount of NOK 250,000.

* Mats Hansen (Director Business Developer Category) has applied for offer shares in the amount of NOK 120,000 through JPML Invest AS, a company wholly owned by Hansen.

* Kristin Torgersen (HR Director (interim)) has applied for offer shares in the amount of NOK 100,000.

* Per Skøien (Head of Category and Procurement) has applied for offer shares in the amount of NOK 50,000 through Skøien Invest AS, a company wholly owned by Skøien.

* Trine-Lise Jensen (Chief Information Officer and Chief Operating Officer) has applied for offer shares in the amount of NOK 15,000.

As further explained in the Prospectus, members of the Board of Directors applying for shares through the institutional offering, whether personally or through a private holding company, and Norwegian eligible employees applying for offer shares in the employee offering will receive full allocation for their applications. Canica Invest AS, acting as selling shareholder in the Offering, may at its sole discretion also resolve to give full allocation of offer shares to members of the Board of Directors and their related parties applying for offer shares in the retail offering.

The number of shares to be allocated to each of the above primary insiders and close associates of primary insiders will be determined by the final offer price and will be announced following expiry of the bookbuilding period and application periods for the Offering. The shares allocated to primary insiders in the Offering will be subject to a 12 months' lock-up, as further described in the Prospectus.

ABG Sundal Collier ASA and Skandinaviska Enskilda Banken AB (publ), Oslo branch (collectively, the "Joint Global Coordinators"), are acting jointly 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.

Advokatfirmaet Thommessen AS is acting as legal advisor to the Company and the Selling Shareholder. Advokatfirmaet Schjødt AS is acting as legal advisor to the Managers.

Komplett investor contacts:

Kristin Hovland, Head of Communication

+47 98 65 28 60

Kristin.Hovland@komplett.com

Krister Pedersen, CFO

+47 95 24 50 37

Krister.Pedersen@komplett.com

ABOUT KOMPLETT ASA

Komplett Group is a leading online-first electronics and IT products retailer, operating in Norway, Sweden and Denmark. Serving customers in the B2C, B2B and distribution markets, the Group is deeply focused on delivering best in class customer experience, built through decades of knowhow, expertise and deep customer commitment. Komplett Group operates an efficiency and scalable business model that supports costs leadership and enables a competitive product offering.