Techstep ASA — Proxy Solicitation & Information Statement 2021

Apr 19, 2021

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 57,027,474 shares at the annual general meeting on

22 April 2021 (the "AGM") without any voting instructions, representing 31.04%

of the total shares and votes at the AGM. This includes 19,448,795 shares

(10,61%) 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.