Pexip Holding

Pexip Holding ASA Mandatory notification of trade by primary insiders

Reference is made to the stock market announcement published on May 25, 2021

regarding increase of share capital following exercise of employee share options

in Pexip Holding ASA ("Pexip", Oslo Børs ticker "PEXIP", LEI

549300S79JFZK79XBI07).

Pexip has arranged for the opportunity for employees to finance the strike

amount by a sale of some of the shares through a third party. Mr. Giles

Chamberlin and Ms. Ingrid Woodhouse, both persons discharging managerial

responsibility, have chosen to participate in this financing option. The sales

amount and the net number of shares obtained have been determined.

Mr. Chamberlin, Chief Technology Officer and Co-Founder, has today purchased

86,707 shares in Pexip for an average price of 74.7601 per share. After the

transaction, he holds 1,514,701 shares and 60,000 rights to shares in Pexip.

Ms. Woodhouse, Chief People Officer, has today purchased 8,610 shares in Pexip

for an average price of 74.7601 per share. After the transaction, she holds

16,110 shares and 35,625 rights to shares in Pexip.

The information included in this announcement is such that the Company is

required to disclose in accordance with the EU Market Abuse Regulation (MAR) and

is publicly disclosed in accordance with MAR article 17 and section 5-12 of the

Norwegian Securities Trading Act. The announcement is made by the contact

person.

For further information, please contact:

Investors: Mirza Koristovic, Director Investor Relations, [email protected], +47 93

87 05 25

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