ECIT AS

Director's Dealing • Mar 29, 2023

Fornebu, 29 March 2023

Mandatory notification of trade primary insiders

Company announcement No. 140

On 29 March 2023, Plenborg Holding ApS, a company closely associated to PDMR Thomas Plenborg, purchased 510,335 B-shares in ECIT AS at a price NOK 7.09 per share.

After the transaction Thomas Plenborg`s total number of shares, including the shares owned by persons closely associated to him, is 510,335 shares and 150,000 warrants.

For description of "Warrants", reference is made to Company announcement no. 90 regarding incentive plan.

For further information, contact

Mads Skovgaard, Group CFO mskovgaard@ecit.com +45 2780 4942

About ECIT

Founded in 2013, ECIT supports a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2022) of 3.0 billion NOK and +2,300 employees across nine countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com