Kahoot! ASA

Director's Dealing • Jun 23, 2021

Kahoot! - Mandatory notification of trade

Kahoot! - Mandatory notification of trade

23 June 2021, Oslo: The following close associates to primary insiders have today acquired the following number of shares at a price of NOK 55.55 per share in Kahoot! ASA ("Kahoot!" or the "Company"):

100,000 shares were acquired by SB Northstar LP, a fund managed by SB Management Limited, a 100% directly owned subsidiary of SoftBank Group Corp. ("SoftBank"). Following this purchase, SoftBank owns a total of 75,064,801 shares in Kahoot!, increasing its shareholding from 15.86% to 15.88% of the total number of outstanding shares in the Company. Softbank is represented by Andreas Hansson as chairperson and Akshay Naheta as board member on the Board of Directors of Kahoot!

1,000,000 shares were acquired by Glitrafjord AS ("Glitrafjord"). Following this purchase, Glitrafjord owns a total of 41,208,910 shares in Kahoot!, increasing its shareholding from 8.51% to 8.72% of the total number of outstanding shares in the Company. Glitrafjord, a company wholly owned by the Kahoot! CEO Eilert Hanoa through AS Real-Forvaltning. A person closely related to Eilert Hanoa owns 400,000 shares in Kahoot! and Eilert Hanoa holds 750,000 options in Kahoot!

For further inquiries please contact:

Eilert Hanoa, CEO

Phone: +47 928 32 905

Email: eilerth@kahoot.com

Ken Østreng, CFO

Phone: +47 911 51 686

Email: keno@kahoot.com

This information is subject to the disclosure requirements in Regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act § 5-12.

The stock exchange announcement was published by Ken Østreng, CFO, Kahoot! ASA.

About Kahoot!

Kahoot! is on a mission to make learning awesome! We want to empower everyone, including children, students, and employees to unlock their full learning potential. Our learning platform makes it easy for any individual or corporation to create, share, and play learning games that drive compelling engagement. Launched in 2013, Kahoot!’s vision is to build the leading learning platform in the world. In the last 12 months, 279 million games have been played on the Kahoot! platform with 1.6 billion participating players in more than 200 countries. The Kahoot! family also includes award-winning DragonBox math learning apps, the Poio learn to read app, the Drops language learning apps, the Actimo and Motimate employee engagement and corporate platforms and Whiteboard.fi, the online whiteboard tool for all educators, teachers and classrooms. The Kahoot! Group is headquartered in Oslo, Norway with offices in the US, the UK, France, Finland, Estonia, Denmark and Spain. Let’s play!