Techstep ASA - Share Issue/Capital Change 2023

Techstep ASA: Key information relating to the proposed share reverse split

Date on which the corporate action was made public: 28 April 2023

Reverse split ratio: 10 old shares give 1 new shares

Last day including right: To be decided by the Board (subject to AGM approval)

Ex-date: Record date: To be decided by the Board (subject to AGM approval)

Date of approval: 23 May 2023

Other information (optional):

Reference is made to the notice for the annual general meeting of Techstep ASA

(TECH) to be held on 23 May 2023. The Board of Directors propose that the

general meeting approves to resolve a 10:1 reverse share split, so that 10

shares are reversly split into 1 share. It is proposed that the Board of

Directors is authorised to determine the date and the further process for

completion of the reverse share split.

A new ISIN number will be issued for the new shares.

Further information will be provided in due course.

This information is published in accordance with the requirements of the

Continuing Obligations.

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