Arribatec Group ASA

Share Issue/Capital Change • Dec 19, 2019

Resolution to carry out Private Placement of NOK 8.5 million towards Tycoon Industrier AS

Resolution to carry out Private Placement of NOK 8.5 million towards Tycoon Industrier AS

Oslo, 19 December 2019. The board of directors of Hiddn Solutions ASA ("Hiddn" or the "Company") has today resolved to issue 7,164,688 new shares (the "New Shares") in the Company, each with a nominal value of NOK 1, at a subscription price of NOK 1.20 per New Share in a private placement towards Tycoon Industrier AS, a company controlled by investor Øystein Stray Spetalen, (the "Private Placement"). The New Shares are issued by the board pursuant to an authorization granted by the Company's extraordinary general meeting on 4 September 2019.

Following payment for the New Shares and registration of the new share capital pertaining to the Private Placement with the Norwegian Register of Business Enterprises, the Company will have an issued share capital of NOK 23,242,091, divided into 23,242,091 shares, each with a par value of NOK 1. The New Shares will upon registration with the Norwegian Register of Business Enterprises be issued in the VPS on a separate ISIN until and subject to the publication by the Company of a listing prospectus to be approved by the Financial Supervisory Authority of Norway.

For further information, please contact:

Jørgen Waaler, CEO, telephone: + 47 9059 0010, e-mail: Jorgen@waaler.no

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.