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Webstep

Share Issue/Capital Change Apr 7, 2021

3788_rns_2021-04-07_fbdb2d86-1493-4d4b-a32b-d297c66b312c.html

Share Issue/Capital Change

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Webstep ASA: Proposed authorisations to increase the share capital

Webstep ASA: Proposed authorisations to increase the share capital

Oslo, 7 April 2021. The board of directors of Webstep ASA (the "Company") has

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

of directors, for a term of two years, to increase the share capital of the

Company by up to NOK 2,696,700 (approximately 10%), in connection with the

Company's incentive programs for the executive management and other leaders in

the Webstep group, and (ii) an authorisation to the board of directors, for a

term until the annual general meeting in 2022, to increase the share capital of

the Company by up to NOK 5,393,400 (approximately 20%), in order to finance

further growth of the Webstep group.

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

general meeting to be held on 28 April 2021.

Contact details for further information:

Liv Annike Kverneland, CFO

Cell: +47 911 51 110

Email : [email protected]

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 5

-12 of the Norwegian Securities Trading Act.

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