Mercell Holding - Registration of share capital increase following exercise of share options

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Oslo, 13 January 2022: Reference is made to the stock exchange announcement by Mercell Holding ASA (the "Company") on 6 January 2022, regarding the board of directors' resolution to increase the Company's share capital with NOK 25,467.20 by the issuance of 127,336 new shares, each with a nominal value of NOK 0.20, in order to facilitate the exercise of in total 127,336 options pursuant to the Company's share option program.

The share capital increase pertaining to the option exercise and the related share capital increase has today been registered with the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret). The new share capital of the Company is NOK 100,558,238.20 divided into 502,791,191 shares, each with a nominal value of NOK 0.20. The new shares are expected to be registered with the Norwegian Central Securities Depository (VPS) later today and will upon such registration be listed on the Oslo Stock Exchange.

For further information please contact:

CFO Fredrik Eeg
Cell: +47 90 83 33 78

About Mercell Holding:

Mercell delivers services to public and private buyers and our goal is to become the leading software-as-a-service (SaaS)-platform for e-tendering and procurement in Europe. Mercell is a leading platform for public e-tendering, recently entering the procurement market. We service approximately 30.000 customers across 15 European markets and in the US. Mercell's unique marketplace simplifies the tender and procurement process and makes it safe and easy for buyers to find relevant suppliers for their tenders and daily purchasing needs. We also ensure suppliers find relevant business opportunities as well as tools for the suppliers to digitally receive and handle purchases from public and private buyers.