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Kahoot! ASA

Director's Dealing May 7, 2020

3641_dirs_2020-05-07_b64551cb-3e87-48e6-8680-0c3e25352f5f.html

Director's Dealing

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KAHOOT! AS: MANDATORY NOTIFICATION OF TRADE BY PRIMARY INSIDERS

KAHOOT! AS: MANDATORY NOTIFICATION OF TRADE BY PRIMARY INSIDERS

Eliert Hanoa, primary insider and CEO in Kahoot! AS ("Kahoot!"), has today, through his wholly-owned company AS Real-Forvaltning, acquired 585 000 shares in Kahoot! at a price of NOK 70 per share, and Ken Østreng, primary insider and CFO in Kahoot!, has today acquired 15 000 shares in Kahoot! at a price of NOK 70 per share (the acquisitions jointly referred to as the "Transaction").

Following the Transaction, Eliert Hanoa holds a total of 11 975 740 shares in Kahoot! through AS Real-Forvaltning and its wholly-owned subsidiary Glitrafjord AS, and Ken Østreng holds a total of 15 000 shares in Kahoot!.

300 000 of the shares in the Transaction were sold by Morten Versvik, primary insider and CTO in Kahoot!, through his wholly-owned company Versvik invest AS, and 300 000 of the shares in the Transaction were sold by Åsmund Furuseth, primary insider and CPO in Kahoot!, through his wholly-owned company Newbrott AS.

Following the Transaction, Morten Versvik holds a total of 4 320 692 shares in Kahoot! through his wholly-owned company Versvik invest AS, and Åsmund Furuseth holds 2 752 000 shares in Kahoot! through his wholly-owned company Newbrott AS.

The shares in Kahoot! are admitted to trading on Merkur Market.

For further inquiries contact:

Julie Wessel, IR

Phone: +47 993 72 451

Email: [email protected]

About Kahoot!

Kahoot! is on a mission to make learning awesome! We want to empower every child, student and employee to unlock their full learning potential. Our game‐based learning platform makes it easy to create, share and play learning games driving compelling engagement. In addition, our family of apps takes math learning to a new level and empowers children to learn to read through play. Launched in 2013, Kahoot!’s vision is to build the leading learning platform in the world. Over the past 12 months, 218 million games were played on the Kahoot! platform with 1.3 billion participating players in 200 countries. The company is headquartered in Norway with offices in the US, the UK, France and Finland. Let’s play!

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