Crayon Group Holding — Share Issue/Capital Change 2024

Apr 4, 2024

End of subscription period under the employee share incentive program

End of subscription period under the employee share incentive program

(OSLO, Norway) — In connection with the annual employee share incentive program of Crayon Group Holding ASA (the "Company" or "Crayon"), all employees of Crayon and its subsidiaries for which an offer could be lawfully made have been offered to subscribe for shares in the Company.

The employees have been offered to subscribe at the volume-weighted average share price from March 15, 2024 to March 31 2024, minus a 20% discount, resulting in a subscription price of NOK 62.19 per share.

The application period ended at March 31, 2024 and final allocation is expected take place in April, 2024. The new shares issued to employees and board members as part of the employee share incentive program will be subject to a lock-up period of two years.

The following primary insiders have applied for shares:

Board of Directors:

Jens Rugseth(member): 4,019 shares

Grethe Helene Viksaas(member): 1,607 shares

Lars Larhammer (Employee rep.): 4,019 shares

Liv Hege Jensen (Employee rep.): 1,607 shares

Mette Wam (Employee rep.): 3,215 shares

Timothy Jay Herland (Employee rep.): 964 shares

Executive Management:

Melissa Mulholland (CEO): 4,019 shares

Brede Huser (CFO): 4,019 shares

Investor contact:

Kjell Arne Hansen

Head of Investor Relation & Corporate Finance

ir@crayon.com

About Crayon

Crayon is a customer-centric innovation and IT services company with over 4,000 team members across 46 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.