ECIT AS

Transaction in Own Shares • Mar 30, 2023

Notification of trades

Notification of trades

Company announcement No. 143

Reference is made to company announcement No 133 of 14 March 2023, where the company announced its plan to buy own shares for a total maximum amount of NOK 3,000,000.

From 23 March until 30 March the company purchased 66,933 shares at an average price of 7,076 NOK (rounded). An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement and available at www.newsweb.no.

After these transactions, ECIT AS owns a total of 2,762,484 shares, corresponding to

0.6100 % of the company`s total registered share capital.

Attachments:

Transactions and specification overview.pdf

DISCLOSURE REGULATION   

This is information that ECIT AS is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

About ECIT

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

For further information please contact

Mads Skovgaard, Group CFO

mskovgaard@ecit.com

+45 2780 4942