ECIT AS

Director's Dealing • May 21, 2021

Mandatory notification of trade primary insiders

Mandatory notification of trade primary insiders

Mandatory notification of trade primary insiders

Company announcement No. 09

Shares Shares Price/share

Date Name PDMR sold purchased NOK

13.05.2021 Altair AS Christian Bjørnstad 0 375 000 8,00

12.05.2021 IC Services AS Bjørnstad/Magnussen 16 281 690 0 8,00

13.05.2021 Atwater AS Espen Magnussen 0 375 000 8,00

13.05.2021 Sewell AS Halvor Aspaas 0 837 500 8,00

13.05.2021 J. Göransson Jens-Oskar Göransson 0 62 500 8,00

12.05.2021 Y-Not ApS Klaus Jensen 1 500 000 0 8,00

13.05.2021 Husvika AS Knut Anders Opstad 0 17 876 8,00

13.05.2021 Molund Invest AS Lise Molund 0 7 500 8,00

07.05.2021 Mads Skovgaard Mads Skovgaard 0 250 000 1,15

13.05.2021 Mads Skovgaard Mads Skovgaard 0 62 500 8,00

07.05.2021 Lundberg Holding AS C. Lundberg Larsen 0 500 000 1,00

13.05.2021 Y ApS Martin Hansen 0 62 500 8,00

13.05.2021 Trytwo AB Mikael Hammarin 0 62 500 8,00

12.05.2021 M. Walde Holding ApS Mikkel Walde 1 500 000 0 8,00

12.05.2021 hans’ON Holding ApS Nicolaj Johansen 764 336 0 8,00

12.05.2021 Fasting&Comrades AS Pedro Fasting 39 455 0 8,00

13.05.2021 Veiby Invest AS Peer Veiby 0 125 000 8,00

13.05.2021 CGL Holding II AS Peter Lauring 0 125 000 8,00

13.05.2021 Peter Lauring Peter Lauring 0 875 000 8,00

12.05.2021 Reaktor Returns AS H. Lie-Nielsen 685 021 0 8,00

12.05.2021 Y B Shy ApS Tom Rasmussen 607 532 0 8,00

13.05.2021 Håvardsrud Holding AS T. Håvardsrud 0 28 125 8,00

After the abovementioned transactions, the following PDMRs total number of shares (all share classes), including the shares owned by their closely associated persons, are:

Christian Bjørnstad* 24 797 535

Espen Magnussen* 24 797 535

Halvor Aspaas 3 000 198

Jens-Oskar Göransson 1 262 500

Klaus Jensen 14 840 253

Knut Anders Opstad 1 066 000

Lise Molund 107 500

Mads Skovgaard 562 500

Christine Lundberg Larsen 500 000

Martin Hansen 3 564 711

Mikael Hammarin 2 243 981

Mikkel Walde 15 524 827

Nicolaj Johansen 3 057 346

Pedro Fasting 749 653

Peer Veiby 6 755 674

Peter Lauring 42 357 562

Henrik Lie-Nielsen 2 889 454

Tom Rasmussen 2 430 129

Torstein Håvardsrud 521 101

*24 422 535 of the shares are owned by IC Services AS, which is a joint PCA to Christian Bjørnstad and Espen Magnussen

Any questions may be addressed to COO Christine Lundberg Larsen, christine.larsen@ecit.com, +47 452 11 552