Techstep ASA — Proxy Solicitation & Information Statement 2021

Sep 15, 2021

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

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

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

received proxies to vote for 62,790,258 shares at the extraordinary general

meeting on 22 September 2021 (the "EGM") without any voting instructions,

representing 29.95% of the total shares and votes at the EGM. This includes

21,804,349 shares (10.40%) 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 EGM and will lapse automatically thereafter.

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

Norwegian Securities Trading Act.