Techstep ASA — AGM Information 2020

Jun 16, 2020

TECHSTEP ASA: Disclosure of voting proxies for the Annual General Meeting

TECHSTEP ASA: Disclosure of voting proxies for the Annual General Meeting

Jens Rugseth has, as chairman of the Board of Directors of Techstep ASA,

received proxies to vote for 18,240,965 shares at the annual general meeting on

22 June 2020 (the "AGM") without any voting instructions, representing 11,21% of

the total shares and votes at the AGM. This includes 17,736,689 shares (10,90%)

held by Karbon Invest AS.  Karbon Invest AS is directly controlled by Rugz AS

and Rugz II AS (together referred to as "Rugz") and Rugz is directly controlled

by Mr. Rugseth. The proxies received are only valid for the AGM and will lapse

automatically thereafter.

This information is subject to disclosure pursuant to section 4-3 of the

Norwegian Securities Trading Act.