Pexip Holding ASA - Share Buyback

Oslo, March 2, 2022: Please see below information about transactions made under the share buyback program for Pexip Holding ASA ("Pexip" or "the Company").

Date on which the buyback program was announced: February 10, 2022.

The duration of the buyback program: Initiated February 11, 2022 and will end the earlier of such time as the buyback has been completed and March 10, 2022.

Size of the buyback program: Up to NOK 87.5 million.

From February 22, 2022 until March 2, 2022, Pexip Holding ASA has purchased a total of 763,368 own shares at Oslo Børs at an average price of NOK 35.42 per share. Pexip Holding ASA owns a total of 2,556,316 own shares, corresponding to 2.45% of Pexip Holding ASA's share capital.

This is information made public by the Company pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Appendix: A detailed overview of all transactions made under the buyback program that have been carried out during the above-mentioned time period is attached and available at www.newsweb.no.

For further information, please contact:

Investors: Mirza Koristovic, Director Investor Relations, IR@pexip.com, +47 93 87 05 25

About Pexip | pexip.com

Pexip simplifies complex videoconferencing to empower organizations with face-to-face collaboration, no matter the location or technology. Our scalable platform enables high-quality video meetings, with enterprise-grade security, and is easily adapted to fit customers’ IT requirements and existing infrastructure. This makes Pexip the leading provider for  large enterprises and public sector organizations. The solution is sold through 300 channel partners in 75 countries and used in more than 190 countries. Pexip was listed on the Oslo Børs in May 2020.