Vend Marketplaces ASA

Share Issue/Capital Change • Dec 5, 2025

Vend Marketplaces ASA: Danske Bank has completed the sale of shares following the Share Issue

Vend Marketplaces ASA: Danske Bank has completed the sale of shares following the Share Issue

5.12.2025 17:56:00 CET | Vend Marketplaces ASA | Non-regulatory press releases

Reference is made to the share issue of 6,204,568 new ordinary shares (the "New

Shares") in Vend Marketplaces ASA (the "Company") at a subscription price of NOK

0.50 (which is equal to par value) following the combination of the Company's

share classes (the "Share Issue").

As announced on 17 November 2025, following the final allocation of New Shares,

Danske Bank A/S NUF ("Danske Bank") subscribed and were allocated a total of

1,059,611 New Shares, from underlying subscription rights held by shareholders

with registered addresses in certain ineligible jurisdictions, such as

Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, Switzerland and the

United States and any other jurisdiction where participation in the Share Issue

required the publication of a prospectus, registration or other regulatory

approval or that had not otherwise been subscribed for during the subscription

period. Following the announcement on 17 November 2025, Danske Bank was

allocated an additional 56 New Shares, increasing the total amount of New Shares

sold in the market to 1,059,667.

Danske Bank has now completed the sale of 1,059,667 New Shares in the market,

for a total of approx. NOK 294.4 million. The sale was completed in the period

between 24 November and 4 December 2025 at an average price of NOK 277.845. The

Company will distribute the net proceeds to holders of subscription rights who

were either not permitted to exercise those subscription rights and to holders

who did not use their subscription rights to subscribe for shares, on a pro-rata

basis. Distribution to any such holder is contingent on the amount exceeding NOK

The distribution is expected to take place on or around 9 December 2025.

Oslo, 5 December 2025

Vend Marketplaces ASA

IMPORTANT INFORMATION

This press release and the information herein is not for release, publication or

distribution, in whole or in part, directly or indirectly, in or into Australia,

Canada, Hong Kong, Japan, New Zealand, Singapore, Switzerland or in any other

jurisdiction in which such release, publication or distribution would be

unlawful or require registration or any other measures in accordance with

applicable law.

This press release and the information herein is not an offer of securities in

the United States. The securities referred to herein will not be and have not

been registered under the U.S. Securities Act of 1933, as amended (the

"Securities Act"), and may not be offered or sold in the United States absent

registration or an applicable exemption from the registration requirements of

the Securities Act.

In the United Kingdom, this press release and the information herein is only

addressed to and directed at persons in the United Kingdom who are "qualified

investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129, as

amended, as it forms part of retained EU law by virtue of the European Union

(Withdrawal) Act 2018 (the "U.K. Prospectus Regulation"). In addition, this

announcement is being distributed to, and is only directed at, qualified

investors (i) who have professional experience in matters relating to

investments falling within the definition of "investment professionals" in

Article 19(5) of the Financial Services and Markets Act 2000 (Financial

Promotion) Order 2005, as amended (the "FPO"), (ii) who fall within Article

49(2)(a) to (d) of the FPO or (iii) to whom it may otherwise lawfully be

communicated (all such persons, together with "qualified investors" within the

meaning of Article 2(e) of the U.K. Prospectus Regulation, being referred to as

"Relevant Persons"). This announcement and the information contained herein must

not be acted on or relied upon in the United Kingdom, by persons who are not

Relevant Persons. Any investment or investment activity to which this

announcement relates is available only to, and any invitation, offer or

agreement to subscribe, purchase or otherwise acquire the same will be engaged

in only with, Relevant Persons.

The securities mentioned in this press release have not been registered and will

not be registered under any applicable securities law in Australia, Canada, Hong

Kong, Japan, New Zealand, Singapore or Switzerland and, subject to certain

exceptions, may not be offered or sold within Australia, Canada, Hong Kong,

Japan, New Zealand, Singapore or Switzerland except under circumstances which

will result in the full compliance with the applicable laws and regulations

promulgated by the relevant regulatory authorities in effect at the relevant

time.

CONTACTS

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

+47 941 00 835, ir@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/17847482/18742325/6616/Download%20announce

ment%20as%20PDF.pdf