Webstep - Share Issue/Capital Change 2022

Webstep ASA: Exercise of options

Oslo, 29 August 2022: Webstep ASA (the "Company") has completed an exercise

window for vested options under its long-term incentive program, where in total

23,711 options have been exercised by two option holders.

The exercise price for the options exercised equals the volume-weighted average

market price for the Company's shares on the Oslo Stock Exchange the six trading

days prior to the grant date of the relevant options.

Each option exercised gives the option holder the right to receive one share in

the Company, and the Company will settle the exercised options by transferring

shares from its holding of own shares to the option holders having exercised

options. Following the transfer of 23,711 shares, the Company holds 29,983 own

shares.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Website: 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 500

employees in Norway and Sweden. The company offers its services to more than 250

customers annually and has been recognised for its work environment.

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