Techstep ASA - Mandatory notification of trade - Subscription from primary insiders and close associates

Reference is made to the stock exchange announcement published by Techstep ASA (the "Company") on 16 October 2026 regarding the commencement of the subscription period in the rights issue (the "Rights Issue") and the announcement published on 20 October 2026 regarding the receipt of subscription rights in the Rights Issue by certain primary insiders and their close associates.

The following primary insiders and their close associates have subscribed for shares in the Rights Issue in accordance with their pro rata allocation of subscription rights, including oversubscription, as follows:

• Arisona Holding AS (closely associated with Arild Hustad, Chairperson): 3,000,000 shares (of which 1,649,943 oversubscribed)
• Morten Meier, CEO: 1,000,000 shares (of which 856,595 oversubscribed)
• Bright Consult AS (closely associated with Håvard Haukdal, CFO): 750,000 shares (of which 749,427 oversubscribed)
• Widestadh Invest AB (closely associated with Claes Widestadh, COO): 898,600 shares (of which 607,775 oversubscribed)
• Terje Bjørnsen, CCO: 500,000 shares (of which 498,566 oversubscribed)
• Siow Chuen Lim, CMO: 10,000 shares (of which 3,880 oversubscribed)
• Suzanne Almbring, Chief People and Culture Officer: 6,866 shares
• Bartosz Leoszewski, Chief Product and Technology Officer: 100,197 shares
• Mia Unhjem Meier (closely associated with Morten Meier, CEO): 143,405 shares

Oversubscription does not guarantee allocation of shares in the Rights Issue. However, members of the Company's management who have oversubscribed based on subscription rights will be given priority allocation for such oversubscription, limited to NOK 1,000,000 per member of management, if the Rights Issue is not fully subscribed for on the basis of subscription rights.

Please see the attached mandatory notification forms for further details on the subscriptions made by the PDMRs and PCAs in the Rights Issue.

This information is subject to the disclosure requirements in Article 19 of Regulation EU 596/2014 (the EU Market Abuse Regulation) and Section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Håvard Haukdal, CFO
+47 48106569
havard.haukdal@techstep.io

About Techstep

Techstep is a mobile and circular technology enabler delivering end-to-end device lifecycle management to more than 2,000 customers and managing over 3 million devices across Scandinavia, as well as globally through partners. The company is listed on Euronext Oslo Børs under the ticker TECH.