ECIT AS

Director's Dealing • Mar 22, 2023

Fornebu, 22 March 2023

Mandatory notification of trade primary insiders

Company announcement No. 136

On 22 March 2023, Sigrid Hovalt Skovsgaard Walde, a person closely associated to PDMR Mikkel Walde, purchased 6,055 B-shares in ECIT AS at a price NOK 7.04 per share, and Sofus Hovalt Skovsgaard Walde, a person closely associated to PDMR Mikkel Walde, purchased 3,755 B-shares in ECIT AS at a price NOK 7.04 per share.

After the transaction Mikkel Waldes`s total number of shares (all share classes), including the shares owned by persons closely associated to him, is 15,814,379 shares and 140,000 warrants.

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

For further information please 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