Webstep

Webstep ASA: Grant of share options to the new CEO

Oslo, 10 February, 2021: The Board of Directors in Webstep ASA (the Company) has

in a meeting today, 10 February 2021, decided to allocate share options with

reference to the power of attorney granted by the Annual General Meeting at 7

May 2020. The options are granted to the new CEO of the Company, Save Asmervik.

The options will be granted today, 10 February 2021, and the strike price of the

share has been set to NOK 23.42 per share, equal to the volume weighted average

market price for trades in the share on the Oslo Stock Exchange fourteen

business days prior to the grant date. 98,000 share options have been allocated

and following the grant the total outstanding share options in the Company is

1,112,992. The total outstanding share options constitute 4.13 % of the

Company's share capital. Please refer to the Notice and Minutes of the Annual

General Meeting in 2020 for further details about the share option scheme.

Following the grant, Save Asmervik holds 196,884 options and 2,570 shares in

Webstep ASA.

For further information, please contact:

Chair of the board, Trond K. Johannessen, phone +47 915 96 688

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.

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