Mandatory notification of subscription rights grant

Reference is made to the stock exchange announcement by Cxense ASA (the "Company") earlier today, 3 April 2018, regarding issuance of subscription rights ("SRs") to employees in the Company under the Company's 2017 incentive subscription rights plan, as resolved by the Company's annual general meeting on 10 May 2017. The strike price for the SRs is NOK 46.11.

The following primary insiders have been granted SRs under the 2017 incentive subscription rights plan:

Christian P. Halvorsen, CEO, was granted 70,000 SRs. Following the grant, Mr. Halvorsen holds 140,000 SRs and 25,000 shares (shares held through Tankeverket AS, a company controlled by Christian P. Halvorsen) in the Company.

Jørgen Loeng, CFO, was granted 35,000 SRs. Following the grant, Mr. Loeng holds 70,000 SRs and 44,350 shares (shares held through JLO Invest AS) in the Company.

Ryoichi Egawa, SVP Business Development and General Manager Japan, was granted 30,000 SRs. Following the grant, Mr. Egawa holds 40,000 SRs and 19,303 shares in the Company.

John T. Sviland, Chief Business Development Officer, was granted 20,000 SRs. Following the grant, Mr. Sviland holds 40,000 SRs and 81,800 shares (held through GBBT AS) in the Company.

Anne Roland, General Manager EMEA, was granted 20,000 SRs. Following the grant, Ms. Roland holds 28,250 SRs and 0 shares in the Company.

Fredrik Falck, VP of Finance, was granted 5,000 SRs. Following the grant, Mr. Falck holds 5,000 SRs and 0 shares in the Company.