Crayon Group Holding — Director's Dealing 2022

May 11, 2022

Mandatory notification of trade by primary insiders in connection with employee share incentive program

Mandatory notification of trade by primary insiders in connection with employee share incentive program

(OSLO, Norway) — References are made to the stock exchange notices by Crayon Group Holding ASA (“Crayon”) on April 8, 2022 regarding end of the subscription period under the employee share incentive program and today regarding the resolution by the Board to increase the share capital.

Under the employee share incentive program, employees were offered to subscribe at the volume-weighted average share price from March 25, 2022 to April 8, 2022 minus a 20% discount, resulting in a subscription price of NOK 117.70 per share. In aggregate, approximately 900 employees, corresponding to 27% of eligible employees, participated in the program.

The following primary insiders and close associates have chosen to participate in the program and acquire shares in the company, and have thus been allocated shares:

Board of Directors:

Rune Syversen (Chairman): 2,124 shares

Jens Rugseth (member): 2,124 shares

Camilla Magnus (member): 2,124 shares

Grethe Viksaas (member): 2,124 shares

Jennifer Koss (member): 850 shares

Mette Wam (Employee rep.): 2,124 shares

Brit Smestad (Employee rep.): 2,124 shares

Christian Ødemark (Employee rep.): 2,124 shares

Timothy Jay Herland (Deputy employee rep.): 850 shares

Julie Lorch-Falch Chrissafopoulos (Deputy employee rep.): 340 shares

Executive Management:

Melissa Mulholland (CEO): 2,124 shares

Jon Birger Syvertsen (CFO): 2,124 shares

Florian Rosenberg (CTO): 2,124 shares

Abbey Lin (CCO): 850 shares

Close associates:

Kyle Mulholland, close associate to CEO Melissa Mulholland: 850 shares

Primary insider notifications pursuant to the EU Market Abuse Regulation Article 19 are attached.

Investor contact:

Magnus Granerød

IR Manager

ir@crayon.com

About Crayon

Crayon is a customer-centric innovation and IT services company with over 3,300 team members across 47 countries. We optimize businesses’ IT estate to help them innovate with expertise they can trust. Our services create value for companies to thrive today, and scale for tomorrow. For more information, visit www.crayon.com.

This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation Article 19 and section 5-12 of the Norwegian Securities Trading Act.