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Regulatory press release

CodeLab Capital AS - cancellation of the potential subsequent offering

CodeLab Capital
Oslo, 6 August 2025 

Reference is made to the stock exchange announcements made by CodeLab Capital AS
(the Company) on 26 May 2025 regarding the successful placing of a private
placement in the Company and key information regarding subsequent offering.

The shares in the Company have since the private placement, for a period over
two months, traded below the subscription price with volumes deemed substantial
compared to the size of the potential subsequent offering.
Consequently, any shareholders wishing to reduce the dilutive effect of the
Private Placement have had the opportunity to purchase shares in the Company in
the market at prices similar to or below what would have been the subscription
price in the subsequent offering. The board of directors of CodeLab has
therefore decided not to proceed with the subsequent offering.

For further queries, please contact:
CEO Anton Bondesen: alb@codelabcapital.com
CFO Christoffer Mathiesen: cm@codelabcapital.com
www.codelabcapital.com

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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