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Selskabsmeddelelse

NAPA: Napatech A/S Share Buyback Program completed

Napatech
(Copenhagen, 04 January 2023) - On 3 June 2022, Napatech A/S (the "Company",
OSE: NAPA) launched a share buyback program as described in the company
announcement of 3 June 2022. According to the program, Napatech A/S would, in
the period until 31 December 2022, buy back its own shares for a maximum of
600,000 shares and a maximum value of up to NOK 12,000,000.

The buyback program has now been completed. In the period from 07 June 2022
until 07 November 2022, Napatech purchased a total of 264,415 shares at Oslo
Børs at an average price of NOK 13.17 per share.

After the transactions under the program, the Company owned a total of 271,682
shares as treasury shares, corresponding to 0.33% of the share capital.

See the enclosure for information about the individual transactions made under
the share buyback program.

For additional information, please contact:

Heine Thorsgaard, Chief Financial Officer
Phone: +45 4596 1500
E-mail: htg@napatech.com

DISCLOSURE REGULATION
The share buyback program was carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No
2016/1052 ("Safe Harbour Regulation"). This is information made public by the
Company pursuant to the EU Market Abuse Regulation and subject to the disclosure
requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
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