Webstep

Webstep ASA: Proposed authorisations to increase the share capital

Oslo, 4 April 2019. The board of directors of Webstep ASA (the "Company") has

today proposed that that the general meeting grants (i) an authorisation to the

board of directors to increase the share capital of the Company with up to

approximately 8%, i.e. by up to NOK 2,157,000, in order to facilitate the

implementation of a long-term incentive program to be proposed to, and

considered by, the annual general meeting of the Company and (ii) an

authorisation to the board of directors to increase the share capital of the

Company with up to approximately 10%, i.e. by up to NOK 2,696,700, in order to

finance further growth of the Webstep group.

With respect to the authorisation mentioned in sub-item (i) above, the Company's

board of directors has proposed that the annual general meeting of the Company

approves a long-term incentive program for the Company's executive management

and other leaders in the group as decided by the board of directors. The

proposed long-term incentive program has an initial term of three years and the

number of options to be granted in each respective year under the proposed

program cannot exceed 2.5% of the Company's share capital and the total number

of issued options under the program cannot constitute more than 8% of the

Company's share capital at any time.

The proposed authorisations will be on the agenda for the Company's annual

general meeting to be held on 8 May 2019.

Contact details for further information:

Liv Annike Kverneland, CFO

Cell: +47 911 51 110

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

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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, of which more than 360 are expert consultants.

Since its establishment in 2000, Webstep has delivered profitable growth. The

company offers its services to more than 200 customers annually and has been

recognised for its work environment.

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