Kahoot! ASA

Director's Dealing • Dec 5, 2023

KAHOOT! ASA – Mandatory notification of transactions by primary insiders

KAHOOT! ASA – Mandatory notification of transactions by primary insiders

Oslo, 5 December 2023

Reference is made to the stock exchange announcement on 7 November 2023 regarding mandatory notifications of trade by primary insiders and disclosure of major shareholding in Kahoot! ASA ("Kahoot!"). Reference is also made to the announcement on 15 November 2023 regarding the launch of the mandatory offer by Kangaroo BidCo AS (the "Offeror") to acquire all issued and outstanding shares in Kahoot! not already owned by the Offeror (the "Mandatory Offer").

Further to the announcement on 7 November 2023, KMAN AS, a close associate of primary insider Eilert Hanoa (Kahoot! CEO), has today accepted the Mandatory Offer for its remaining 960 Kahoot! shares.

Upon settlement of the Mandatory Offer, KMAN AS will decrease its holding of votes and shares in Kahoot! from 960 to zero.

Required notifications are attached to this stock exchange announcement.

For further information please contact:

Ken Østreng, CFO

Phone: +47 911 51 686

Email: keno@kahoot.com

Jonas Forslund, Director Investor Relations

Phone: +358 40 595 0968

Email: jonasf@kahoot.com

This information is subject to the disclosure requirements in article 19 of Regulation EU 596/2014 (MAR) and section 5-12 of the Norwegian Securities Trading Act.