Komplett ASA: Share capital increase completed

Oslo, 5 April 2022: Reference is made to the stock exchange announcement made by Komplett ASA ("Komplett") on 4 April 2022, regarding the completion of its acquisition of all issued and outstanding shares in NetOnNet AB ("NetOnNet") from SIBA Invest Aktiebolag ("SIBA Invest") (the "Transaction").

The share capital increase relating to the issuance of 35,242,424 new shares to SIBA Invest as part of settlement of the Transaction has been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

SIBA Invest subscribed for the new shares, which will be issued in Euronext Securities Oslo (VPS) on the temporary and unlisted ISIN NO0012490020, pending publication of a listing prospectus for listing of the shares (following which the shares will be transferred to ISIN NO0011016040 and listed on the Oslo Stock Exchange).

The new share capital of Komplett ASA is NOK 42,999,031.60, divided into 107,497,579 shares, each with a nominal value of NOK 0.40.

For further inquiries, please contact:

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

About Komplett ASA

Komplett Group is a leading online-first electronics and IT products retailer, operating in Norway, Sweden and Denmark. Serving customers in the B2C, B2B and distribution markets, the Group is deeply focused on delivering best in class customer experience, built through decades of knowhow, expertise and deep customer commitment. Komplett Group operates an efficiency and scalable business model that supports costs leadership and enables a competitive product offering.