Huddlestock Fintech

Share Issue/Capital Change • May 7, 2021

Key information for preferential rights issue

Key information for preferential rights issue

Key information for preferential rights issue

Stavanger, 7. May 2021: Huddlestock Fintech AS (HUDL, OSE: HUDL)) is pleased to announce the key information relating to the rights issue to be carried out.

Date on which the terms and conditions of the rights issue were announced: 7 May 2021

Last day including right: 10 May 2021

Ex-date: 11 May 2021

Record Date: 12 May 2021

Date of approval: 7 May 2021

Maximum number of new shares: 8,333,333

Subscription price: NOK 6.00 per share

Ratio preferential rights: 1 preferential rights for each 14 share(s) held (subject to rounding).

Subscription ratio: 1 preferential rights give right to subscribe for 1 new share

Managers: N/A

Will the rights be listed – yes/no: No

ISIN of the preferential rights: N/A

Other information: According to the current timetable the subscription period for the rights issue is expected to commence on or about 14 May 2021 and end on or about 28 May 2021. Oversubscription and subscription without subscription rights will be allowed.

This information is published in accordance with the requirements of the Continuing Obligations.

THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (INCLUDING ITS TERRITORIES ANDPOSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA). THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT"), OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OF, U.S. PERSONS (AS SUCH TERM IS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT), EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF, THE U.S. SECURITIES ACT. ALL OFFERS AND SALES OUTSIDE THE UNITED STATES WILL BE MADE IN RELIANCE ON REGULATION S UNDER THE U.S. SECURITIES ACT. NO PUBLIC OFFERING OF SECURITIES IS BEING MADE IN THE UNITED STATES.

About Huddlestock Fintech:

Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as Norway’s first fintech company to be publicly traded. Huddlestock Fintech is a company that develops unique software as a service-solutions for digitizing work processes for custody banks, asset managers and trading venues.

The open, compliance-optimized and data centric platform allows our customers to offer a differentiated real-time product that reduces cost and increases efficiency. Huddlestock Fintech’s technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution and portfolio management, all executed on the same platform.

Huddlestock has two main products: Apex (Custody) and Bedrock (Connectivity). Apex is a software as a service-solution that links custody services with asset managers and individual investors. Bedrock provides a white label solution that is primarily a product for financial services firms wanting to add low cost-efficient trading and investing services to their client web and app offerings. Huddlestock’s client base includes BNP Paribas, Baader Bank, Donau Capital and Tradegate Exchange.

For more information, please visit www.huddlestock.com

John E. Skajem, CEO, (+47 418 87 412, jes@huddlestock.com)

Cecilia Luras, Director of Strategy & IR, (+44 75 0090 5131, col@huddlestock.com)