ECIT AS

Transaction in Own Shares • Mar 22, 2023

Notification of trades

Notification of trades

Company announcement No. 137

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 15 March until 22 March the company purchased 130,236 shares at an average price of 7.0769 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 2,863,464 shares, corresponding to 0.6323 % 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.

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