Komplett ASA: Mandatory notification of trade

Sandefjord/Oslo, 16 November 2022: Reference is made to the stock exchange notice by Komplett ASA (the "Company") on 15 November 2022 regarding the successfully placed private placement of 67,800,000 new shares in the Company (the "Private Placement").

The following primary insiders in the Company were allocated shares in the Private Placement:

* Jo Lunder (Chair of the Board of Directors) has, through his wholly owned company Cigalep AS, been allocated 146,445 shares in the Private Placement;

* Lars Thoresen (Board Member) has, through his wholly owned company LT Invest AS, been allocated 146,445 shares in the Private Placement;

* Lars Olav Olaussen (CEO) has, through his wholly owned company R og L Invest AS, been allocated 16,949 shares in the Private Placement;

* Krister Pedersen (CFO) has, through his wholly owned company Crit AS, been allocated 67,797 shares in the Private Placement;

* Jon Martin Klafstad (Managing Director Komplett) has, through his wholly owned company AS Master Trading, been allocated 33,898 shares in the Private Placement;

* Anders Torell (Managing Director Webhallen) has, through his wholly owned company Grand Mosse Konsult AB, been allocated 16,949 shares in the Private Placement;

* Trine-Lise Jensen (Head of Group SC/IT Program) has, through here wholly owned company TLJ Invest AS, been allocated 13,559 shares in the Private Placement; and

* Kristin Hødal Torgersen (Chief HR Officer) has been allocated 10,169 shares in the Private Placement.

Primary insider notifications pursuant to the Market Abuse Regulation article 19 are attached.

For further inquiries, please contact:

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

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

This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act section 5-12.