UPDATE ON ACCEPTANCES FOR THE VOLUNTARY OFFER FOR ALL ISSUED AND OUTSTANDING ORDINARY CLASS A SHARES IN ADEVINTA ASA AT BEST AND FINAL NOK 115 PER SHARE

NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH
AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL

8 February 2024

Reference is made to the offer document dated 22 December 2023 (the "Offer
Document") for the voluntary offer for all issued and outstanding ordinary class
A shares (the "Shares") in Adevinta ASA ("Adevinta" or the "Company") (such
offer, the "Offer") by Aurelia Bidco Norway AS (the "Offeror"). Reference is
further made to the stock exchange announcement dated 24 January 2024 regarding
the extension of the offer period under the Offer (the "Offer Period"), the
announcement dated 6 February 2024 regarding the update on receipt of regulatory
approvals and to the announcement dated 7 February 2024 regarding the further
extension of the Offer Period.

As of the date hereof at 08:00 hours CET, and subject to customary verification,
the Offeror has received acceptances under the Offer for a total of 261,985,283
Shares (including pre-acceptance for 36,748,289 Shares held in relation to a
total return swap arrangement involving a shareholder), which, taken together
with the 885,909,719 Adevinta shares (incl. the class B shares) to which the
Offeror is conditionally entitled, equals 1,147,895,002 shares, representing
approximately 93.71% of the total issued and outstanding share capital and
voting rights in the Company on a fully diluted basis. Fully diluted basis shall
in this regard mean all issued, outstanding and to be issued Adevinta Shares and
Class B Shares as further defined in section 3.3 (Closing Conditions) in the
Offer Document). 

The acceptances are distributed between the consideration alternatives offered
as follows:
o	215,191,654 Shares for the All Cash Alternative (as defined in the Offer
Document);
o	9,826,294 Shares for the 100% Share Alternative (as defined in the Offer
Document); and
o	219,046 Shares for the 50% Share Alternative (as defined in the Offer
Document).

Consequently, the Offeror is pleased to announce that the Closing Condition (as
defined in the Offer Document) relating to minimum acceptance, as set out in
section 3.3 (Closing Conditions) is satisfied. The Offer remains subject to the
remaining Closing Conditions set out in section 3.3 (Closing Conditions),
including the receipt or waiver of all required regulatory approvals, as set out
in section 3.8 (Regulatory Approvals)

Mr. Stefan Dziarski, Partner & Co-Head of Permira Growth Opportunities, Mr.
Dipan Patel, Partner & Co-Head of Permira Consumer and Mr. Lionel Assant, Head
of European Private Equity in Blackstone commented: 

"We are today announcing that we have fulfilled the Closing Condition relating
to 90% total acceptance of the Offer. We are very pleased with the broad support
for the transaction from Adevinta shareholders, including share-owning members
of the Company's board and management. As recently disclosed, we also continue
to make good progress on the regulatory approval process. Having extended the
offer period to 9 February 2024, we are providing remaining shareholders with
the opportunity to join in the transaction and benefit from the settlement
process under the voluntary offer."

The price per Share offered to the Adevinta shareholders under the terms of the
Offer is NOK 115, and will be settled in either cash, depository receipts (the
"Depository Receipts") representing shares in an indirect parent company of the
Offeror (the "Issuer") as further described in the Offer Document, or a
combination thereof (the 50% Share Alternative, as defined in the Offer
Document). The complete terms and conditions of the Offer, including procedures
for accepting the Offer, are set out in the Offer Document. The Offer may only
be accepted on the basis of, and by following the procedures in, the Offer
Document. 

The Offer Document (together with the acceptance form, the power of attorney
required to accept the Offer for Depository Receipts and an appurtenant guide
for such acceptance) is, subject to regulatory restrictions in certain
jurisdictions, available at the following webpage: www.abgsc.com.

Subject to regulatory restrictions in certain jurisdictions, the Offer Document
may also be obtained free of charge during ordinary business hours at the
offices of the financial adviser ABG Sundal Collier ASA, Ruseløkkveien 26, 0251
Oslo, Norway. 

Advisers
ABG Sundal Collier ASA and Goldman Sachs Bank Europe SE, Amsterdam Branch are
acting as financial advisers to the Offeror in the process. Freshfields
Bruckhaus Deringer LLP, Latham & Watkins LLP and Wikborg Rein Advokatfirma AS
are acting as legal advisers to the Offeror in the process. 

Contacts
International media relations
Carl Leijonhufvud, Permira
[e-mail]
[phone]

James Williams, Permira	
[e-mail]
[phone]
Rebecca Flower, Blackstone
[e-mail]
[phone]

Stephen Lewis, Blackstone
[e-mail] 
[phone]

Norwegian media
Marte Ramuz Eriksen, Zynk
[e-mail]
[phone]

Swedish media
Birgitta Henriksson, Fogel & Partners
[e-mail] 
[phone]

For administrative questions regarding the Offer, please contact your bank or
the nominee registered as holder of your shares.

About Permira
Permira is a global investment firm that backs successful businesses with growth
ambitions. Founded in 1985, the firm advises funds with total committed capital
of EUR78bn+ and makes long- term majority and minority investments across two core
asset classes, private equity and credit. The Permira private equity funds have
made approximately 300 private equity investments in four key sectors:
Technology, Consumer, Healthcare and Services.

About Blackstone
Blackstone, the world's largest alternative asset manager as of 30 September
2023, seeks to create positive economic impact and long-term value for its
investors. Blackstone's approach involves relying on extraordinary people and
flexible capital to help strengthen the companies it invests in. As of 30
September 2023, Blackstone's over $1 trillion in assets under management include
investment vehicles focused on private equity, real estate, public debt and
equity, infrastructure, life sciences, growth equity, opportunistic,
non-investment grade credit, real assets and secondary funds, all on a global
basis. Blackstone is based in New York, with over 4,700 professionals in 28
offices worldwide as of 30 September 2023, including San Francisco, London,
Frankfurt, Mumbai, Hong Kong, Shanghai, Seoul, Tokyo, and Sydney.

About General Atlantic
General Atlantic is a vehicle wholly owned by funds managed and/or advised by
General Atlantic Service Company, L.P. and/or its affiliates. General Atlantic
is a leading global growth equity firm with more than four decades of experience
providing capital and strategic support for over 500 growth companies throughout
its history. Established in 1980 to partner with visionary entrepreneurs and
deliver lasting impact, the firm combines a collaborative global approach,
sector specific expertise, a long-term investment horizon and a deep
understanding of growth drivers to partner with great entrepreneurs and
management teams to scale innovative businesses around the world. General
Atlantic currently has ~$77 billion in assets under management and more than 270
investment professionals based in New York, Amsterdam, Beijing, Hong Kong,
Jakarta, London, Mexico City, Miami, Mumbai, Munich, San Francisco, São Paulo,
Shanghai, Singapore, Stamford and Tel Aviv. For more information on General
Atlantic, please visit our website: www.generalatlantic.com.

About TCV
Founded in 1995, TCV has built a track record of partnering with private and
public technology companies that have developed into global, category-defining
players. Over time and market cycles, TCV has remained committed to its core
principles of thematic investing, emphasis on quality and growth, and relentless
focus on partnering with market leaders. TCV has made over 350 investments and
has supported over 150 strategic transactions, including 80 IPOs. 

Important notice
This announcement and any related Offer documentation are not being distributed
and must not be mailed or otherwise distributed or sent in or into any country
in which the distribution or offering would require any such additional measures
to be taken or would be in conflict with any law or regulation in such country -
any such action will not be permitted or sanctioned by the Investors. Any
purported acceptance of the Offer resulting directly or indirectly from a
violation of these restrictions may be disregarded.

This announcement is for informational purposes only and is not a tender offer
document and, as such, is not intended to constitute or form any part of an
offer or the solicitation of an offer to purchase, otherwise acquire, subscribe
for, sell or otherwise dispose of any securities or the solicitation of any vote
or approval in any jurisdiction, pursuant to the Offer or otherwise. The Offer
is only made on the basis of the Offer Document approved by the Oslo Stock
Exchange, and can only be accepted pursuant to the terms of such offer document.
Offers will not be made directly or indirectly in any jurisdiction where either
an offer or participation therein is prohibited by applicable law or where any
tender offer document or registration or other requirements would apply in
addition to those undertaken in Norway.

The Offer and the distribution of this announcement and other information in
connection with the Offer may be restricted by law in certain jurisdictions. The
Offer Document and related acceptance form will not and may not be distributed,
forwarded or transmitted into or within any jurisdiction where prohibited by
applicable law, including, without limitation, Canada, Australia, New Zealand,
South Africa, Hong Kong and Japan. The Offeror does not assume any
responsibility in the event there is a violation by any person of such
restrictions. Persons in the United States should review "Notice to U.S.
Holders" below. Persons into whose possession this announcement or such other
information should come are required to inform themselves about and to observe
any such restrictions.

Goldman Sachs Bank Europe SE, Amsterdam Branch is acting exclusively for Aurelia
Netherlands Midco 2 B.V. (as an indirect parent of the Offeror) and no one else
in connection with the Offer and will not be responsible to anyone other than
Aurelia Netherlands Midco 2 B.V. for providing the protections afforded to
clients of Goldman Sachs Bank Europe SE, Amsterdam Branch, nor for providing
advice in connection with the Offer or any other matters referred to in this
document.

Forward-looking statements	
This announcement, verbal statements made regarding the Offer and other
information published by the Offeror may contain certain statements about the
Company and the Offeror that are or may be forward-looking statements. These
forward-looking statements can be identified by the fact that they do not relate
only to historical or current facts. Forward-looking statements sometimes use
words such as "may", "will", "seek", "continue", "aim", "anticipate", "target",
"expect", "estimate", "intend", "plan", "goal", "believe" or other words of
similar meaning. Examples of forward-looking statements include, among others,
statements regarding the Company's or the Offeror's future financial position,
income growth, assets, impairment charges, business strategy, leverage, payment
of dividends, projected levels of growth, projected costs, estimates of capital
expenditures, and plans and objectives for future operations and other
statements that are not historical fact. By their nature, forward-looking
statements involve risk and uncertainty because they relate to future events and
circumstances, including, but not limited to, Norwegian domestic and global
economic and business conditions, the effects of volatility in credit markets,
market-related risks such as changes in interest rates and exchange rates,
effects of changes in valuation of credit market exposures, changes in valuation
of issued notes, the policies and actions of governmental and regulatory
authorities, changes in legislation, the further development of standards and
interpretations under International Financial Reporting Standards ("IFRS")
applicable to past, current and future periods, evolving practices with regard
to the interpretation and application of standards under IFRS, the outcome of
pending and future litigations, the success of future acquisitions and other
strategic transactions and the impact of competition - a number of such factors
being beyond the Company's and the Offeror's control. As a result, actual future
results may differ materially from the plans, goals, and expectations set forth
in these forward-looking statements.

Any forward-looking statements made herein speak only as of the date they are
made. Except as required by law, the Offeror disclaims any obligation or
undertaking to release publicly any updates or revisions to any forward-looking
statements contained in this announcement to reflect any change in the Offeror's
expectations with regard thereto or any change in events, conditions or
circumstances on which any such statement is based.

Notice to U.S. shareholders
The Offer and the distribution of this announcement and other information in
connection with the Offer are made available to shareholders in the United
States of America (the "U.S." or "United States"), and to U.S. persons, in
compliance with applicable U.S. securities laws and regulations, including
section 14(e) and Regulation 14E under the U.S. Securities Exchange Act of 1934,
as amended (the "U.S. Exchange Act"). The Depository Receipts have not been, and
will not be, registered under the U.S. Securities Act of 1933, as amended (the
"U.S. Securities Act"), or the securities laws of any state or jurisdiction in
the United States and may not be offered or sold in the United States except
pursuant to an applicable exemption from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act or in compliance with
any applicable securities laws of any state or other jurisdiction of the United
States. Consequently, Depository Receipts are not being offered, sold or
delivered, directly or indirectly, in or into the United States or to U.S.
persons, unless registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is available. Depository
Receipts will only be made available in the United States to QIBs (as defined in
Rule 144A under the U.S Securities Act ("Rule 144A") or Accredited Investors (as
defined in Rule 501(a) under the U.S. Securities Act) in transactions that are
exempt from the registration requirements of the U.S. Securities Act and in
compliance with any applicable U.S. state "blue sky" securities laws. Such
shareholders will be required to make such acknowledgements and representations
to, and agreements with, the Issuer as the Issuer may require to establish that
they are entitled to receive Depository Receipts. The Depository Receipts will
only be sold to persons outside the United States in accordance with Regulation
S of the U.S. Securities Act. U.S. investors who are unable to receive
Depository Receipts may only elect to receive cash consideration.

None of the Depository Receipts, the Offer Document, the acceptance form or any
other document relating to the offering of Depository Receipts, has been
approved or disapproved by the U.S. Securities and Exchange Commission (the
"SEC"), any state securities commission in the United States or any other U.S.
regulatory authority, nor have such authorities passed upon or determined the
adequacy or accuracy of the information contained in the Offer Document and the
merits of the Offer. Any representation to the contrary is a criminal offence in
the United States.

In addition, until 40 days after the commencement of the Offer, an offer, sale
or transfer of the Depository Receipts within the United States by a dealer
(whether or not participating in the Offer) may violate the registration
requirements of the U.S. Securities Act if such offer, sale or transfer is made
otherwise than in accordance with Rule 144A or another exemption from
registration under the U.S. Securities Act.

In accordance with normal Norwegian practice and pursuant to Rule 14e-5(b) of
the U.S. Exchange Act, the Offeror or its nominees, or its brokers (acting as
agents), may from time to time make certain purchases of, or arrangements to
purchase, Adevinta shares outside of the United States, other than pursuant to
the Offer, before or during the period in which the Offer remains open for
acceptance. These purchases may occur either in the open market at prevailing
prices or in private transactions at negotiated prices. Any information about
such purchases will be disclosed as required in Norway and will be reported to
an officially appointed mechanism of Oslo Stock Exchange and will be available
on the Oslo Stock Exchange' website: https://www.euronext.com/en/markets/oslo.

The United Kingdom
In the United Kingdom (the "UK"), this announcement is only being distributed to
and is only directed at persons who are also (i) investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended, the "Order"); or (ii) high net
worth companies and other persons falling within Article 49(2)(a) to (d) of the
Order; or (iii) persons to whom distributions may otherwise lawfully be made,
(all such persons together being referred to as "Relevant Persons"). In the UK,
the Depository Receipts are only available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such shares will be
engaged in only with, Relevant Persons. Any such person who is not a Relevant
Person should not act or rely on this announcement or any of its contents. This
announcement is directed only at Relevant Persons and must not be acted on or
relied on by persons who are not Relevant Persons. Any investment or investment
activity to which this announcement relates is available only to Relevant
Persons and will be engaged in only with Relevant Persons.

The European Economic Area
This announcement has been prepared on the basis that any offer of securities in
any Member State of the European Economic Area which has implemented the
Prospectus Regulation (EU) (2017/1129, as amended, the "Prospectus Regulation")
(each, a "Relevant State") will be made pursuant to an exemption under the
Prospectus Regulation, as implemented in that Relevant State, from the
requirement to publish a prospectus for offers of securities. Accordingly, any
person making or intending to make any offer in that Relevant State of
securities, which are the subject of the offering contemplated in this
announcement, may only do so in circumstances in which no obligation arises for
the Offeror to publish a prospectus pursuant to Article 3 of the Prospectus
Regulation or supplement a prospectus pursuant to Article 16 of the Prospectus
Regulation, in each case, in relation to such offer. Neither the Offeror, the
Investors nor any of the advisors have authorised, nor do they authorise, the
making of any offer of the securities through any financial intermediary, other
than offers made by the Offeror which constitute the final placement of the
securities contemplated in this announcement. Neither the Offeror, the Investors
nor any of the advisors have authorised, nor do they authorise, the making of
any offer of securities in circumstances in which an obligation arises to
publish or supplement a prospectus for such offer.

The issue, subscription or purchase of Depository Receipts in the Issuer is
subject to specific legal or regulatory restrictions in certain jurisdictions.
Neither the Issuer, the Offeror nor their advisors assume any responsibility in
the event there is a violation by any person of such restrictions.

****

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