Mandatory notification of trade primary insiders. Company announcement No. 46

n 22nd December 2021 Håvardsrud Holding AS, a company closely associated to PDMR Torstein Holtan Håvardsrud, purchased 10,000 shares in ECIT AS at a price NOK 7.9000 per share. After the transaction Torstein Holtan Håvardsrud’s total number of shares, including the shares owned by persons closely associated to him, is 931,101 shares.

About ECIT

ECIT was founded in 2013 and supports a large customer base with Accounting, Payroll and a broad range of IT services and solutions. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of being a larger international group. ECIT has a proforma revenue (2021) of 2.55 billion NOK and +2,200 employees across 10 countries. M&A has been a driver of the Company's growth and ECIT has completed more than 125 acquisitions since 2013.

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