Webstep

Webstep ASA: Share investment programme for management employees and board members

Oslo, 8 June 2021: On the basis of a resolution by the annual general meeting of

Webstep ASA (the "Company") on 28 April 2021, the board of directors of the

Company has, after consultation with the Company's nomination committee,

resolved to implement a share investment programme for certain management

employees in the Company and its subsidiary Webstep AS, and the members of the

board of directors of the Company (the "Share Investment Programme").

The participants in the Share Investment Programme will be offered to acquire

new shares in the Company for an amount of between NOK 50,000 and NOK 200,000

each, and for up to NOK 4,200,000 in aggregate (the "Offer"). The shares will be

offered at a price equal to the volume-weighted average share price for the

Company's shares on the Oslo Stock Exchange during the ten trading days prior to

10 June 2021 with a discount of 21.7%. Any shares acquired in the Offer will be

subject to a lock-up period of two years, and the reduced offer price shall

reflect the value-reducing effect of the lock-up period.

Shares acquired in the Offer will be settled in the form of new shares in the

Company to be issued pursuant to an authorisation granted to the board of

directors by the annual general meeting held on 28 April 2021.

The Offer must be accepted by the eligible participants on 10 June 2021 before

17:00 hours (CEST).

Contact details for further information:

Fredrik Rytter Skuland, Interim CFO

Cell: +47 406 39 433

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 400

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

customers annually and has been recognised for its work environment.

This information is subject to the disclosure requirements pursuant to the

Continuing Obligations for Issuers of Shares in accordance with Oslo Rule Book

II - Issuer Rules.

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