New shares of Tecnotree Corporation registered with the trade register

TECNOTREE CORPORATION STOCK EXCHANGE RELEASE February 27, 2020 at 11.00 EET

A total of 14,500,000 new shares (the “New Shares”) issued in Tecnotree Corporation’s (the “Company”) share issue to the Company itself without consideration have been registered with the Trade Register on February 27, 2020. Following the registration of the New Shares, the total number of the Company’s shares is 262,128,428 shares, of which 14,500,000 shares in total are held by the Company.

The New Shares will be admitted to trading together with the Company’s existing shares on the official list of Nasdaq Helsinki Ltd on or about February 28, 2020.

Further information:

Priyesh Ranjan, CFO, tel. +971 50 955 1188

ABOUT TECNOTREE

Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps Communications Service Providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetize service bundles, provide personalized user experiences and augment value throughout the customer lifecycle. With around 600 telecom experts, Tecnotree serves around 90 service providers in around 70 countries. Tecnotree is listed on the main list of NASDAQ Helsinki with the trading code TEM1V.