Techstep ASA - Proxy Solicitation & Information Statement 2017

TECHSTEP ASA: DISCLOSURE OF VOTING PROXIES

Oslo, 27 April 2017: Techstep ASA: Einar J. Greve has as chairman of

the board of directors of Techstep ASA received proxies to vote for

64,198,954 shares at the annual general meeting on 27 April 2017

(the "AGM"), representing approx. 45.4% of the total shares and

votes at the AGM. The proxies received are only valid for the AGM

and will lapse automatically thereafter.

Further, Cipriano AS, a company wholly-owned by Einar J. Greve,

holds 877,183 shares in Techstep ASA, and together with the received

proxies, Einar J. Greve may therefore vote for 65,076,137 shares,

representing approx. 46.1 % at the vote at the AGM.

In addition, as previously announced, Cipriano AS will receive

2,774,182 shares in Techstep ASA following completion of a

distribution in kind from Zono Holding AS, and Cipriano AS has the

right to acquire 3,000,000 Techstep shares from Zono Holding AS.

This information is subject to disclosure pursuant to section

4-3 of the Norwegian Securities Trading Act.

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