ECIT AS

Major Shareholding Notification • Dec 8, 2022

Fornebu, 08. December 2022

Mandatory notification of Trade Primary Insiders

Company announcement No. 118

On December 8, 2022, Mile High Invest AS, a company closely associated to PDMR Cato Holmsen, acquired 915,562 ECIT-shares in connection with a demerger of a familyowned company. Mile High Invest AS owned 2,188,800 prior to the transaction. After the transaction, Cato Holmsen`s total number of shares, including the shares owned by persons closely associated to him, is 3,104,362.

For further information please contact

Iselin Paulsen, Head of Communication Mads Skovgaard, Group CFO Iselin.paulsen@ecit.com mskovgaard@ecit.com +47 901 40 166 +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 (2021) of 2.6 billion NOK and +2,300 employees across 10 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