Zaptec AS — Major Shareholding Notification 2023

Feb 28, 2023

Zaptec ASA: Primary insider notification

Zaptec ASA: Primary insider notification

Stavanger, Norway, 28 February 2023:

Reference is made to the primary insider notification published on 22 February 2023 regarding Østrem Invest AS, a close associate of Kurt Østrem, CFO of Zaptec ASA (the "Company"), which entered into a share lending agreement pursuant to which it granted ABG Sundal Collier ASA an option to borrow up to a number of 711,112 ordinary shares to facilitate settlement in the Company's private placement. The new shares have today been registered in the Norwegian Register of Business Enterprises and ABG Sundal Collier ASA has now re-delivered the shares to Østrem Invest AS.

Please see the attached notification form for further information.

This information is subject to the disclosure requirements pursuant to MAR article 19 and Section 5-12 the Norwegian Securities Trading Act.

For more information, please contact:

Kristian Sæther, Finance Manager & IR, Zaptec ASA

Tel: + 47 90 70 85 12, e-mail: investor@zaptec.com

About Zaptec:

Zaptec ASA is a technology company within Electric vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec Sense. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.