SoftwareONE Holding AG — Major Shareholding Notification 2021

Apr 28, 2021

Ørn Software Holding AS (ORN): Notifiable transaction relating to end of stabilisation period

Ørn Software Holding AS (ORN): Notifiable transaction relating to end of stabilisation period

28.4.2021 14:12:56 CEST | Ørn Software Holding AS | Mandatory notification of

trade primary insiders

NOT FOR DISTRIBUTION, RELEASE OR REPUBLICATION, DIRECTLY OR INDIRECTLY, TO U.S.

NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA,

CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION,

RELEASE OR REPUBLICATION WOULD BE UNLAWFUL.

Reference is made to the stock exchange notice of 28 April 2021 regarding end of

the stabilisation activities undertaken following Ørn Software Holding AS' (the

"Company") private placement (the "Offering") and admission to trading on

Euronext Growth, and the partial exercise of a greenshoe option granted by

Viking Venture 11 AS, Viking Venture 11B AS and Breiangen AS (the "Share Lenders

") to Pareto Securities AS (the "Stabilisation Manager"), on behalf of Pareto

Securities AS and ABG Sundal Collier ASA (the "Managers").

In relation to the above, Viking Venture 11 AS and Viking Venture 11B AS (close

associates of Chairman Joar Welde and Board member Erik Fjellvær Hagen) have

sold 669,830 and 525,992 shares, respectively, to the Stabilisation Manager.

Further, Viking Venture 11 AS and Viking Venture 11B will receive 886,947 and

696,484 shares, respectively, purchased through stabilisation activities in

order to settle the shares lent out to the Stabilisation Manager pursuant to the

share lending and greenshoe option agreement entered into between the Company,

the Share Lenders and the Managers in connection with the Offering. Further

details are available in the attached forms.

Following such sales, funds managed by Viking Venture AS will hold a total of

30,268,889 shares in Ørn Software Holding AS, corresponding to 35.22% of the

currently outstanding shares in the Company.

DISCLOSURE REGULATION

This information is such that Ørn Software Holding AS is required to disclose in

accordance with the EU Market Abuse Regulation.

CONTACTS

* Sten-Roger Karlsen, CEO Ørn Software, +47 922 62 321, srk@ornsoftware.com

* Vidar Andre Løken, CFO Ørn Software, +47 952 60 926, val@ornsoftware.com

ABOUT ØRN SOFTWARE HOLDING AS

Ørn Software is a Nordic provider of SaaS solutions enabling efficient

operations and maintenance across a wide range of asset-heavy industries,

including real estate, manufacturing, food & beverages, and aquaculture.

The Group's software provides customers with improved insight through

data-driven operations and contributes to increased efficiency and reduced costs

through digitalization of rental processes, data-driven maintenance scheduling

and energy optimization. All of the above contribute to the lengthening of

property and equipment lifespan, a key component of Ørn Software's value

proposition. Furthermore, the Group's offering enables customers to reduce their

environmental footprint and provides digital tools to meet reporting and

regulatory requirements.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847696/502/641/Download%20announcement%2

0as%20PDF.pdf

210428_Notification form_Viking_Venture_11_AS.pdf -

https://kommunikasjon.ntb.no/ir-files/17847696/502/638/210428_Notification%20for

m_Viking_Venture_11_AS.pdf

210428_Notification form_Viking_Venture_11B_AS.pdf -

https://kommunikasjon.ntb.no/ir-files/17847696/502/639/210428_Notification%20for

m_Viking_Venture_11B_AS.pdf