Techstep ASA - Remuneration Information 2022

Techstep ASA: Grant of share options to primary insiders

In accordance with the authorisation granted by the annual general meeting on 21

April 2022, the Board of Directors of Techstep ASA has resolved to grant share

options pursuant to the 2022 incentive program. Under the program, a total of

3,170,648 share options have been granted and distributed among the following

primary insiders:

· Anita Huun (CFO) has been granted 838,519 share options and following this

grant has a holding of a total of 838,519 share options

· Bartosz Leoszewski (Chief Technology Officer) has been granted 340,648 share

options and following this grant has a holding of a total of 340,648 share

options

· Sheena Lim (Chief Marketing Officer) has been granted 340,648 share options

and following this grant has a holding of a total of 340,648 share options

· Erik Haugen (Chief Transformation Officer) has been granted 288,241 share

options and following this grant has a holding of a total of 1,444,967 share

options

· Ellen Skaarnæs (Chief People Officer) has been granted 340,648 share options

and following this grant has a holding of a total of 340,648 share options

· Gunnar Aasen (Chief Revenue Officer) has been granted 340,648 share options

and following this grant has a holding of a total of 340,648 share options

· Fredrik Logenius (Chief Operating Officer) has been granted 340,648 share

options and following this grant has a holding of a total of 570,308 share

options

· Mads Vårdal (Chief Product Officer) has been granted 340,648 share options

and following this grant has a holding of a total of 1,497,374 share options

The share options will become exercisable (vest) with 1/3 yearly after the grant

date and must be exercised within five years. The exercise price is NOK 3.245

per share.

Please see the attached forms for further information.

For more information:

Anita Huun, CFO, Techstep ASA: +47 924 11 563

The information is subject to the disclosure requirements pursuant to the Market

Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading

Act.

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