Komplett ASA - Correction: Mandatory notification of trade by close associates of primary insiders, disclosure of large shareholding and share lending

Oslo, 16 November 2022: Reference is made to the announcement by Komplett ASA (the "Company") on 16 November 2022 regarding the mandatory notification of trades by close associates to primary insiders, disclosure of large shareholding and share lending (the "Notification") relating to Canica Invest AS ("Canica") and SIBA Invest Aktiebolag.

As described in the Notification, Canica has lent in a total of 16,410,220 existing and unencumbered shares in the Company already listed on the Oslo Stock Exchange to Skandinaviska Enskilda Banken AB (publ), Oslo branch ("SEB"), as settlement agent in the NOK 1,000 million private placement announced by the Company on 15 November 2022, on behalf of the joint global coordinators and joint bookrunners (comprising SEB together with ABG Sundal Collier ASA, Carnegie AS and Nordea Bank Abp, filial i Oslo) pursuant to a subscription and share lending agreement entered into for purposes of facilitating settlement in the private placement. Reference is made to the Notification for more information about the share lending, as well as the attached form, which was mistakenly not attached to the Notification.

Chair of the board of directors of the Company, Jo Lunder, is also a board member of Canica's parent company Canica AS. Canica's share lending is therefore disclosed pursuant to the Market Abuse Regulation Article 19.

For further inquiries, please contact:

Kristin Hovland, Head of Communication
Kristin.Hovland@komplett.com

Krister A. Pedersen, CFO
Krister.Pedersen@komplett.com

The disclosures set out in this announcement are subject to the disclosure requirement pursuant to section 5-12 of the Norwegian Securities Trading Act.