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Regulatory press release

Techstep ASA - Major shareholder disclosure

Techstep
Reference is made to stock exchange notices 9 October 2024 published by Techstep
ASA (the "Company") regarding the Company's private placement of NOK 30 million
(the "Private Placement").

Valset Invest AS has today, 10 October 2024, been allocated 740,740 new shares
in the Private Placement. After the Private Placement, Valset Invest AS will
hold 2,187,565 shares in the Company, representing 6.36% of the outstanding
shares and voting rights in the Company following the registration in the
Norwegian Register of Business Enterprises. Valset Invest AS has consequently
crossed above the 5% reportable threshold of the outstanding shares and voting
rights in the Company.

The information above is subject to the disclosure requirements in section 4-2
of the Norwegian Securities Trading Act.
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