Pexip Holding

Share Issue/Capital Change • Nov 22, 2021

Exercise of Employee Share Options

Exercise of Employee Share Options

Pexip Holding ASA ("Pexip" or "The Company", Oslo Børs Ticker: PEXIP) has been

notified that participants in the Company's option program have on November 22,

2021, exercised 231,412 options with an average strike price of NOK 24.68 per

share. Following the exercise, 231,412 shares will be transferred from the

Company's holding of own shares. After the transaction, Pexip Holding ASA holds

900,205 own shares.

Options exercised by primary insiders:

Øystein Hem (Interim CEO and CFO) has exercised 7,500 options in the Company,

corresponding to 7,500 shares at the strike price of NOK 25.00. Prior to the

exercise he held 92,468 shares and rights to 127,500 shares. After the exercise,

Mr. Hem will hold 99,968 shares and rights to 120,000 shares.

Ingrid Woodhouse (Chief People Officer) has exercised 7,500 options in the

Company, corresponding to 7,500 shares at the strike price of NOK 25.00. Prior

to the exercise she held 17,430 shares and rights to 35,625 shares. After the

exercise, Mrs. Woodhouse will hold 24,930 shares and rights to 28,125 shares.

The information included in this announcement is such that the Company is

required to disclose in accordance with the EU Market Abuse Regulation (MAR) and

is publicly disclosed in accordance with MAR article 17 and section 5-12 of the

Norwegian Securities Trading Act. The announcement is made by the contact

person.

For further information, please contact:

Investor Relations: IR@pexip.com, +47 94 80 58 51

About Pexip | pexip.com

Pexip simplifies complex videoconferencing to empower organizations with face-to

-face collaboration, no matter the location or technology. Our scalable platform

enables high-quality video meetings, with enterprise-grade security, and is

easily adapted to fit customers' IT requirements and existing infrastructure.

This makes Pexip the leading provider for  large enterprises and public sector

organizations. The solution is sold through 300 channel partners in 75 countries

and used in more than 190 countries. Pexip was listed on the Oslo Børs in May

2020.