Komplett ASA: Mandatory notification of trade

Oslo, 8 December 2022: Reference is made to the announcement earlier today, regarding the extraordinary general meeting ("EGM") in Komplett ASA (the "Company"), where it inter alia was resolved to issue 40,300,000 new shares as part of the settlement of the second tranche in the NOK 1,050 million private placement that was placed on 15 November 2022 (the "Private Placement"). Reference is also made to the announcement on 16 November 2022, regarding the allocation of shares in the Private Placement to Canica Invest AS and SIBA Invest Aktiebolag.

In accordance with the board of directors' allocation of new shares in the Private Placement, and following the EGM, Canica Invest AS has subscribed for 19,967,278 new shares in the Company at a subscription price of NOK 14.75 per share. Following registration of the share capital increase in the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret) (the "NRBE"), Canica Invest AS will have a shareholding in the Company of 74,376,317 shares, representing approximately 42.43% of the shares and votes in issue.

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

In accordance with the board of directors' allocation of new shares in the Private Placement, and following the EGM, SIBA Invest Aktiebolag has subscribed for 20,332,722 new shares in the Company at a subscription price of NOK 14.75 per share. Following registration of the share capital increase in the NRBE, SIBA Invest Aktiebolag will have a shareholding in the Company of 55,581,404 shares, representing approximately 31.7% of the shares and votes in issue.

SIBA Invest Aktiebolag is a close associate of the primary insider and board member, Fabian Bengtsson. Its subscription of shares in the Company is a notifiable transaction pursuant to the Market Abuse Regulation Article 19.

Further details about the above subscriptions are set out in the attached forms.

For further inquiries, please contact:

Kristin Hovland, Head of Communication

Kristin.Hovland@komplett.com

Krister A. Pedersen, CFO

Krister.Pedersen@komplett.com

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