Vend Marketplaces ASA

Legal Proceedings Report • Aug 20, 2025

Vend Marketplaces ASA (VENDA/VENDB) - Final decision from Finanstilsynet on previously accepted violation penalty

Vend Marketplaces ASA (VENDA/VENDB) - Final decision from Finanstilsynet on previously accepted violation penalty

20.8.2025 09:05:02 CEST | Vend Marketplaces ASA | Non-regulatory press releases

On 18 July, Vend Marketplaces ("Vend") announced that the company would accept a

violation penalty of NOK 10 million in connection with Vend's pre-close calls

ahead of the first quarter 2025 results. In line with the communicated

intention, the Financial Supervisory Authority of Norway ("Finanstilsynet")

today confirmed its decision to issue the violation penalty.

In the 18 July 2025 release, Vend announced the following principles for

communication with the financial markets:

* Vend will continue the practice that was installed as of the second quarter

2025 of no longer organising pre-close calls, as announced in a stock

exchange announcement on 20 June 2025.

* Vend will continue the practice that was installed as of the second quarter

2025 of publishing a written summary of information given at the previous

quarterly presentation, accompanied with listing volumes for the first two

months of each quarter going forward, and other information the company sees

relevant. The data will be published in a stock exchange release. Following

the distribution of this newsletter, Vend's IR team will refrain from

discussing short-term development with analysts, investors or other

stakeholders before the following interim report is published.

* Vend will formalise its silent period to start at least four weeks before

quarterly results are announced, and no later than the first business day

after quarter-end.

* During the silent period, Vend will refrain from discussing the company's

performance and prospects with analysts, investors, media and others.

"As we communicated in July, we recognise that some of the information that was

shared related to the first quarter pre-close calls should not have been given.

We will do our utmost to ensure that Vend can be trusted and that our

communication is reliable, timely, and in accordance with all regulatory

requirements and best practice. We have learned from this mistake, taken the

consequences and made appropriate changes," says Per Christian Mørland, CFO of

Vend.

Oslo, 20 August 2025

VEND MARKETPLACES ASA

CONTACTS

* Jann-Boje Meinecke, SVP FP&A and Investor Relations, Vend Marketplaces ASA,

+47 941 00 835, ir@vend.com

* Kristine Eia Kirkholm, Director of Communication, Vend Marketplaces ASA, +47

93 24 78 75, kristine.eia.kirkholm@vend.com

ABOUT VEND MARKETPLACES ASA

Vend Marketplaces ASA ("Vend") is a family of marketplaces with a strong Nordic

position. As a leading marketplaces company within Mobility, Real Estate, Jobs

and Recommerce, we provide effortless digital experiences designed for the needs

of tomorrow. We do it with a clear sense of purpose, to create sustainable value

and long-term growth, for all our stakeholders and society as a whole.

Vend has an ownership share of 14% in Adevinta, a company that was spun off in

2019 and is now privately owned by a group of investors.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/18625204/6357/Download%20announce

ment%20as%20PDF.pdf