Webstep

Share Issue/Capital Change • Feb 10, 2021

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

WebstepASA is a provider of consultancy services to the private and public sector, with the ITexpertise necessary to deliver the most demanding digitalisation and ITservices.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 TradingAct.