Techstep – Approval and Publication of Prospectus

Reference is made to the stock exchange notices published by Techstep ASA (the “Company”) on 8 March 2016 regarding the private placement of 3,400,00 shares to Middelborg Invest AS, and 16 September 2016 regarding 58,181,818 shares issued to Zono Holding AS in the acquisition of Zono AS.

The Financial Supervisory Authority of Norway (Nw. Finanstilsynet) approved the following prospectus on 11 October 2016: “Prospectus in connection with listing on Oslo Børs of 3,400,000 shares issued in a private placement, as resolved on 8 March 2016, and 58,181,818 shares issued in connection with the acquisition of 100% of the shares in Zono AS from Zono Holding AS” (the “Prospectus”).

The Prospectus will be available in electronic format at www.techstepasa.no/investor-relations/investor-information/.

Printed copies may be obtained free of charge at the offices of Techstep ASA, Henrik Ibsens gate 100, 0230 Oslo, Norway.

For further information, please refer to the Prospectus.

12 October 2016

Techstep ASA

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact:

Fredrik Johansson,

Acting CEO of Techstep ASA

Mobile: +46 70 352 91 90