Inin Group AS — Director's Dealing 2021

Dec 13, 2021

Correction: Mandatory notification of trade by primary insider

Correction: Mandatory notification of trade by primary insider

Reference is made to the stock exchange announcement by Elop AS (the "Company") earlier today (13 December 2021) regarding transactions made by primary insiders. It is noted that the number of shares acquired by Øivind Horpestad is 83,019 and the release should state the following:

Øivind Horpestad, chairman of the board and CEO in ELOP AS, has through the company Gimle Invest AS, on December 13th bought a total of 83,019 shares in ELOP AS at an average price of NOK 3.6136 pr share. Following the transaction Øivind Horpestad and related parties control 8,866,734 shares in ELOP AS.

Kristian Lundkvist, board member and primary insider in ELOP AS, has through the company Middelborg Invest AS, on December 13th bought a total of 55,346 shares in ELOP AS at an average price of NOK 3.6136 pr share. Following the transaction Kristian Lundkvist and related parties control 6,231,842 shares in ELOP AS.

Bård Myrstad, COO in ELOP AS and CEO in Simplifai AS, has through the company BHM Holding AS, on December 13th bought a total of 27,673 shares in ELOP AS at an average price of NOK 3.6136 pr share. Following the transaction Bård Myrstad and related parties control 4,519,280 shares in ELOP AS.

For further information, please contact:

Øivind Horpestad, CEO and chairman, tel: +47 910 00 626

Kim Boman, CFO, tel: +47 959 63 912

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act