Webstep - Board/Management Information 2020

Webstep ASA: Application of shares by primary insiders

Oslo, 24 November 2020. Reference is made to the stock exchange announcement by

Webstep ASA ("Webstep") on 23 November 2020 regarding the offer of shares to

employees (the "Offer").

The application period in the Offer commenced on 23 November 2020. As of today,

24 November 2020, the following primary insiders have applied for shares in the

Offer:

· Arne Lee Norheim (CEO), for an amount of NOK 25,000 (excluding the discount

given in the Offer);

· Liv Annike Kverneland (CFO), for an amount of NOK 25,000 (excluding the

discount given in the Offer);

· Arnt Roger Aasen (Board Member, Webstep AS), for an amount of NOK 25,000

(excluding the discount given in the Offer);

· Cathrine Fredhøi (Observer to the Board), for an amount of NOK 25,000

(excluding the discount given in the Offer) and

· Anders Bjørnestad (Observer to the Board), for an amount of NOK 25,000

(excluding the discount given in the Offer);

The total amount of shares acquired by the primary insiders and their aggregate

holding of shares following the acquisition will be included in a stock exchange

announcement following the expiry of the application period, when the purchase

price for the shares in the Offer has been determined.

Contact details for further information:

Liv Annike Kverneland, CFO

Cell: +47 911 51 110

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public

sector, with the IT expertise necessary to deliver the most demanding

digitalisation and IT services.The Webstep Group employs approximately 400

employees in Norway and Sweden. The company offers its services to more than 200

customers annually and has been recognised for its work environment.

This information is subject to the disclosure requirements pursuant to section 4

-2 of the Norwegian Securities Trading Act.

AI assistant