ArcticZymes Technologies — Share Issue/Capital Change 2022

Oct 14, 2022

ArcticZymes Technologies ASA: Registration of share capital following exercise of options

ArcticZymes Technologies ASA: Registration of share capital following exercise of options

Tromsø, Norway, 14[th] October 2022 - Reference is made to the stock exchange

announcement by ArcticZymes Technologies ASA (OSE:AZT) on 05[th] October 2022,

regarding the board of directors' resolution to increase the share capital of

the Company in connection with the exercise of employee options.

The share capital increase has today been registered with the Norwegian Register

of Business Enterprises (Foretaksregisteret). The Company's new share capital is

NOK 50,571,390 divided into 50,571,390 shares, each with a par value of NOK

1.00.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

For more information, please contact:

Børge Sørvoll

CFO

+47 95290187

ir@arcticzymes.com