Komplett ASA: Share capital increase completed

Sandefjord/Oslo, 13 December 2022: Reference is made to the stock exchange announcement made by Komplett ASA (the "Company") on 15 November 2022 regarding the successful placing of a NOK 1,000,050,000 private placement in the Company (the "Private Placement"), as well as the stock exchange announcement made on 8 December 2022 where the Company announced that the general meeting had inter alia resolved to issue new shares as part of the settlement in the Private Placement.

The share capital increase relating to the general meeting's resolution to issue 40,300,000 new shares in the Company to Canica Invest AS and SIBA Invest Aktiebolag has today, on 13 December 2022, been registered with the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret). The new shares will be issued in Euronext Securities Oslo (CSD) on the temporary ISIN NO 0012763434. The shares will be transferred to the listed ISIN NO 0011016040, and subsequently listed on the Oslo Stock Exchange, following approval and publication of a prospectus by the Company, which is expected in Q1 2023.

The new share capital of Komplett ASA is NOK 70,119,031.60, divided into 175,297,579 shares, each with a nominal value of NOK 0.40.

For further inquiries, please contact:

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

Krister A. Pedersen, CFO
Krister.Pedersen@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 efficient and scalable business model that supports cost leadership and enables a competitive product offering.