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Regulatory press release

Techstep ASA: New share capital registered

Techstep
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Reference is made to Techstep ASA's (the "Company") stock exchange announcements on 29 September and 21 October 2022 regarding the Private Placement.  In connection with the settlement of Tranche 2, the Company has issued 29,646,040 new shares to the subscribers. The share capital increase pertaining to such share issue has now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). The Company's new registered share capital is NOK 304,728,910, divided into 304,728,910 shares, each with a par value of NOK 1.

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

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