Komplett ASA

Director's Dealing • Jun 17, 2021

Komplett ASA - Mandatory notification of trade from primary insiders

Komplett ASA - Mandatory notification of trade from primary insiders

Komplett ASA - Mandatory notification of trade from primary insiders

Oslo, 17 June 2021. Reference is made to the announcement by Komplett ASA (the

"Company" or "Komplett", OSE ticker "KOMPL") on 17 June 2021, regarding the

successful completion of the bookbuilding period and application periods in the

initial public offering of shares in the Company (the "Offering").

The primary insiders of the Company and close associates of primary insiders set

out below have been allocated shares in the Offering. All allocations are made

in accordance with the terms and conditions set out in the prospectus dated 8

June 2021 (the "Prospectus") prepared in connection with the Offering and

subsequent listing of the Company's shares on the Oslo Stock Exchange. All

shares purchased by primary insiders and their close associates are subject to

the final offer price in the Offering, i.e. NOK 60.00, provided, however, that

there will be a 25% discount as further specified below.

* Nils K. Selte (Chair of the Board of Directors) has, through his wholly owned

company Nian AS, been allocated 50,000 shares in the Offering. Following

completion of the Offering, Selte has an indirect shareholding in the Company of

in total 420,473 shares (0.58% of the share capital).

* Lars Thoresen (Board Member) has, through LT Invest AS (a company owned with

40% by Thoresen and 60% by his underage children), been allocated 50,000 shares

in the Offering. Following completion of the Offering, Thoresen has an indirect

shareholding in the Company of in total 232,201 shares (0.32% of the share

capital).

* Krister Pedersen (Chief Financial Officer) has, through his wholly owned

company Crit AS, been allocated 33,333 shares in the Offering. Following

completion of the Offering, Pedersen has an indirect shareholding in the Company

of in total 106,887 shares (0.15% of the share capital). Allocated offer shares

representing a pre-discount amount of NOK 15,000 are subject to a 25% discount.

* Martin Klafstad (Director B2C (interim)) has, through his wholly owned company

AS Master Trading, been allocated 16,666 shares in the Offering. Following

completion of the Offering, Klafstad has an indirect shareholding in the Company

of in total 16,666 shares (0.02% of the share capital). Allocated offer shares

representing a pre-discount amount of NOK 15,000 are subject to a 25% discount.

* Anders Odden (Employee Representative) has been allocated 8,333 shares in the

Offering. Following completion of the Offering, Odden has a direct shareholding

in the Company of in total 8,333 shares (0.01% of the share capital). Allocated

offer shares representing a pre-discount amount of NOK 15,000 are subject to a

25% discount.

* Jennifer Lee Koss (Board Member) has been allocated 4,166 shares in the

Offering. Following completion of the Offering, Koss has a direct shareholding

in the Company of in total 4,166 shares (0.01% of the share capital).

* Mats Hansen (Director Business Developer Category) has, through his wholly

owned company JPML Invest AS, been allocated 2,000 shares in the Offering.

Following completion of the Offering, Hansen has an indirect shareholding in the

Company of in total 76,647 shares (0.11% of the share capital). Allocated offer

shares representing a pre-discount amount of NOK 15,000 are subject to a 25%

discount.

* Kristin Torgersen (HR Director (interim)) has been allocated 1,666 shares in

the Offering. Following completion of the Offering, Torgersen has a direct

shareholding in the Company of in total 1,666 shares (0% of the share capital).

Allocated offer shares representing a pre-discount amount of NOK 15,000 are

subject to a 25% discount.

* Per Skøien (Head of Category and Procurement) has, through his wholly owned

company Skøien Invest AS, been allocated 833 shares in the Offering. Following

completion of the Offering, Skøien will have an indirect shareholding in the

Company of in total 62,791 shares (0.09% of the share capital). Allocated offer

shares representing a pre-discount amount of NOK 15,000 are subject to a 25%

discount.

* Trine-Lise Jensen (Chief Information Officer and Chief Operating Officer) has

been allocated 250 shares in the Offering. Following completion of the Offering,

Jensen has a total shareholding in the Company of 89,031 shares (0.12% of the

share capital), of which 88,781 shares are owned indirectly, through Jensen's

wholly owned company TLJ Invest AS, and 250 shares are owned directly. Allocated

offer shares representing a pre-discount amount of NOK 15,000 are subject to a

25% discount.

As further explained in the Prospectus, members of the Board of Directors who

have applied for shares through the institutional offering, whether personally

or through a private holding company, and Norwegian eligible employees who have

applied for offer shares in the employee offering have received full allocation

for their applications. Canica Invest AS, as the selling shareholder in the

Offering, has also, in its sole discretion, resolved to give full allocation of

offer shares to members of the Board of Directors and their related parties who

have applied for offer shares in the retail offering.

The shares allocated to primary insiders in the Offering, as stated above, are

subject to a 12 months' lock-up from the first day of listing and trading of the

Company's shares on the Oslo Stock Exchange. The first day of listing will be on

21 June 2021.

Please see the attached form of notification and public disclosure by primary

insiders and persons closely associated with them.

This information is subject to the disclosure requirements in article 19 of the

Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the

Norwegian Securities Trading Act.

ABG Sundal Collier ASA and Skandinaviska Enskilda Banken AB (publ), Oslo branch

(collectively, the "Joint Global Coordinators"), are acting jointly as joint

global coordinators and joint bookrunners. DNB Markets, part of DNB Bank ASA,

and Pareto Securities AS are acting as joint bookrunners together with the Joint

Global Coordinators.

Advokatfirmaet Thommessen AS is acting as legal advisor to the Company and the

Selling Shareholder. Advokatfirmaet Schjødt AS is acting as legal advisor to the

Managers.

Komplett investor contacts:

Kristin Hovland, Head of Communication

+47 98 65 28 60

Kristin.Hovland@komplett.com

Krister Pedersen, CFO

+47 95 24 50 37

Krister.Pedersen@komplett.com

ABOUT KOMPLETT ASA

Komplett Group is a leading online-first electronics and IT products retailer,

operating in Norway, Sweden and Denmark. Serving customers in the B2C, B2B and

distribution markets, the Group is deeply focused on delivering best in class

customer experience, built through decades of knowhow, expertise and deep

customer commitment. Komplett Group operates an efficiency and scalable business

model that supports costs leadership and enables a competitive product offering.