ECIT AS Grant of share warrants Grant of share warrants / Mandatory notification of Trade Primary Insiders. Company announcement No. 184 September 12, 2023 Marcus Birk Reference is made to Company announcement no. 90, where the Board resolved to implement an incentive plan (the “Incentive Plan”) for employees, management and board members of ECIT and its subsidiaries, and to Company announcement no. 138 on 28 March 2023, with minutes from the annual general meeting, with an increase in the incentive units. In connection with the share warrant program, 74,000 Warrants have been granted to PDMR Mikkel Walde. Warrants have also been allocated to non-PDMRs, according to the terms in the “Incentive Plan” in Company announcement no. 90. The remaining incentive units described in the “Incentive Plan” will be distributed later. The Warrants are allocated in connection with the allocation made on July 10th, 2023, as described in Company announcement No. 171, and the warrants will have a strike price of NOK 7.83 per share, based on a volume weighted average price “VWAP” for the last 3 months up until July 10th, 2023. After the transaction, Mikkel Waldes total number of shares (all share classes), including the shares owned by his closely associated persons is 15,814,379 shares and 340,000 Warrants. For further information please contact:Thomas Dyhrberg, Group CFOtdnielsen@ecit.com+45 22 88 30 31 About ECITFounded in 2013, ECIT supports a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2022) of 3.0 billion NOK and +2,300 employees across nine countries. M&A has been a key driver of the Company’s growth and ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com Do you have any questions? Feel free to contact Thomas +45 93 60 53 20 tdnielsen@ecit.com
