Webstep ASA: Proposed dividend of NOK 1.60 per share

Oslo, 11 February 2020. The board of directors of Webstep ASA (the "Company") has today proposed that the Company distributes an ordinary dividend of NOK 1.60 per share for the financial year 2019. The board of directors' proposal is made on the basis of the consolidated net profit for the full year as set out in the interim report for the fourth quarter of 2019. The interim report for the fourth quarter and full year 2019 will be released 12 February 2020, 07:00 CET.

The proposed dividend distribution will be on the agenda for the Company's annual general meeting to be held on 7 May 2020. If resolved, the dividend will be distributed to the shareholders of the Company as of the date of the annual general meeting (as registered in the VPS on 11 May 2020) and will be paid to said shareholders on 15 May 2020. The shares in the Company will be traded exclusive of the right to receive the dividend from and including 8 May 2020.

Webstep’s Annual Report for 2019 will be released 2 April 2020. The notice and agenda for the annual general meeting will be published and sent to the Company's shareholders on 16 April 2020.

Contact details for further information:

Liv Annike Kverneland, CFO

Cell: +47 911 51 110

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.The Webstep Group employs approximately 400 employees in Norway and Sweden. The company offers its services to more than 200 customers annually and has been recognised for its work environment.

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