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Mandatory notification of trade

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On November 17 2016, DNB has, on behalf of Opera Software, purchased 17,220 shares for use in the group's employee share purchase plan (ESPP). The shares have been acquired at a price of NOK 49.9603, based on an average price obtained by option holders in the period of 16-17 November. The discounted share price to the employees is NOK 39.968 per share.

The following primary insiders have purchased shares:

Baard Farmen Andresen purchased 400 shares at NOK 39.968. Baard Farmen Andresen holds 20,000 unexercised options in the Company, corresponding to 20,000 shares at the strike price of NOK 26.58, 20,000 unexercised options in the Company, corresponding to 20,000 shares at the strike price of NOK 34.28 and 20,000 unexercised options in the Company, corresponding to 20,000 shares at the strike price of NOK 75.75. As of today the primary insider holds 2 633 shares in the Company.

Brian Kesterson purchased 400 shares at NOK 39.968. Brian Kesterson holds 56,750 RSUs in the Company. As of today the primary insider holds 400 shares in the Company.

Jason A. Hoida purchased 400 shares at NOK 39.968. Jason A. Hoida holds 25,000 unexercised options in the Company, corresponding to 25,000 shares at the strike price of NOK 26.90, 30,000 unexercised options in the Company, corresponding to 30,000 shares at the strike price of NOK 26.58, 50,000 unexercised options in the Company, corresponding to 50,000 shares at the strike price of NOK 37.08 and 50,000 unexercised options in the Company, corresponding to 50,000 shares at the strike price of NOK 75.75. As of today the primary insider holds 648 shares in the Company.

Petter Lade purchased 400 shares at NOK 39.968. Petter Lade holds 5,000 unexercised options in the Company, corresponding to 5,000 shares at the strike price of NOK 26.58 and 35,000 unexercised options in the Company, corresponding to 35,000 shares at the strike price of NOK 34.28. As of today the primary insider holds 400 shares in the Company.

Philip Tyman purchased 200 shares at NOK 39.968. As of today the primary insider holds 200 shares in the Company.

Will Kassoy purchased 400 shares at NOK 39.968. Will Kassoy holds 338,167 RSUs in the Company. As of today the primary insider holds 192 127 shares in the Company.