Webstep ASA: Mandatory notification of trade

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Oslo, 29 August 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") earlier today, on 29 August 2024, regarding the resolution by the Company's board of directors to increase the Company's share capital with NOK 218,690 by the issuance of 218,690 new shares, each with a par value of NOK 1.00, in order to facilitate the delivery of new shares to the option holders having exercised 218,690 options under the Company's long-term incentive program.

The following primary insiders of the company have today, on 29 August 2024, excercised options and completed following transactions in the Company’s shares in the market:

Anders Høibakk, regional manager Oslo, has exercised 49,461 options and sold 49,461 shares in the Company at an average sale price of NOK 22.75 per share, for a total sale amount of NOK 1,125,238.

Joar Krohn, regional manager Bergen, has exercised 46,884 options and sold 46,884 shares in the Company at an average sale price of NOK 22.75 per share, for a total sale amount of NOK 1,066,611.

Arnt Roger Aasen, Director internal communication and marketing, has exercised 23,461 options and sold 11,731 shares in the Company at an average sale price of NOK 22.75 per share, for a total sale amount of NOK 266,880.

Embro Eiendom AS, a closely related party to the Chair of the Board at Webstep, Kjell Magne Leirgulen, has lent out 218,690 shares in the Company to DNB Markets, a part of DNB Bank ASA pursuant to a share lending agreement entered into on 29 August 2024.

Reference is made to the attached notifications of trading for further details of the transactions carried out by the primary insiders and their closely associated persons.

Contact details for further information:

Nina Stemshaug, Interim CFO

Cell: +47 982 60 394

Email: ir@webstep.com

Website : www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public sector, with the IT expertise necessary to deliver the most demanding digitalisation and IT services.

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