Crayon Group Holding — Capital/Financing Update 2020

Apr 2, 2020

Crayon Group Holding ASA – Approval of prospectus and listing of bonds

Crayon Group Holding ASA – Approval of prospectus and listing of bonds

(Oslo, 2 April 2020) Reference is made to the announcement made on 6 November 2019 by Crayon Group Holding ASA ("Crayon") concerning the issuance of a NOK 300 million senior unsecured bond, with a NOK 600 million borrowing limit and maturity on 21 November 2022 (the "Bonds"). The Bonds are issued with ISIN NO0010868433.

The Financial Supervisory Authority of Norway has today approved a prospectus dated 2 April 2020 (the "Prospectus") covering the listing of the Bonds on Oslo Børs. The admission to listing of the Bonds is expected to take place on 3 April 2020 under the ticker code "CRAYON03".

The Prospectus and a summary of the Prospectus are included in this message, and can each be obtained electronically on crayon.com/en/about-us/investor-relations/debt-investors/or by contacting Crayon.

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

For further information, please contact:

Torgrim Takle, CEO, +47 95 14 07 82

Jon Birger Syvertsen, CFO, +47 97 19 92 51

About Crayon

Crayon Group Holding ASA is a leading IT advisory firm in software and digital transformation services. With unique IP tools and skilled employees, Crayon help optimize its clients' ROI from complex software technology investments. Crayon have long experience within volume software licensing optimization, digital engineering, predictive analytics and assists the clients through all phases of the process of a digital transformation. Headquartered in Oslo, Norway, the company has approximately 1,500 employees in 50 offices worldwide.