Crayon Group Holding — Share Issue/Capital Change 2021

Mar 4, 2021

Crayon Group Holding ASA: New share capital registered

Crayon Group Holding ASA: New share capital registered

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANYOTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

(Oslo, 4. March 2021) Reference is made to the announcement on 16 December 2021, whereby Crayon Group Holding ASA ("Crayon" or the "Company", OSE ticker "CRAYON") announced an increase in share capital related to the exercise of options issued during the IPO of the Company in November 2017. The share capital increase pertaining to the issuance of the 1,591,710 new shares has now been registered with the Norwegian Register of Business Enterprises. Following this, the share capital of Crayon is NOK 83.279.229, comprising of 83.279.229 shares, each with a nominal value of NOK 1.

For further queries, please contact:

Jon Birger Syvertsen, Chief Financial Officer

Crayon Group Holding ASA

Tel.: +47 97 19 92 51

Email: Jon.Birger.Syvertsen@crayon.com

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 2,000 employees in 50 offices worldwide.