Oslo, Norway, 8 June 2022 - Reference is made to Kahoot! ASA's (the "Company" or
"Kahoot!") stock exchange announcement made on 2 September 2021 regarding
completion of the acquisition of all the shares in Clever, Inc ("Clever"), and
to the stock exchange announcement made on 27 May 2022 regarding the exercise of
23,112 restricted stock units ("RSUs").
In accordance with the transaction agreement entered into between Kahoot! and
the sellers of Clever (the "Clever Agreement"), a deferred consideration element
of the following payment tranches shall be paid in the second quarter of 2022