Zaptec AS — Share Issue/Capital Change 2023

Feb 22, 2023

Zaptec ASA: Flagging notification

Zaptec ASA: Flagging notification

Stavanger, Norway, 22 February 2023:

Valinor AS has on 21 February entered into a share lending agreement pursuant to which it has granted ABG Sundal Collier ASA an option to borrow up to a number 10,400,000 ordinary shares in Zaptec ASA (the "Company"), to facilitate settlement in the contemplated private placement in the Company.

In connection with the share lending, the ownership share of Valinor AS will decrease from 10,400,000 to 0, i.e. from 13.61% to 0%, after 10,400,000 is lent out on 21 February 2023, based on a total of 76,409,678 outstanding shares.

This information is subject to the disclosure requirements pursuant to 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.