(OSLO, Norway ) - References are made to the stock exchange notices byCrayon Group Holding ASA ("Crayon") onApril 8, 2022 regarding end of the subscription period under the employee share incentive program and today regarding the resolution by the Board to increase the share capital. Under the employee share incentive program, employees were offered to subscribe at the volume-weighted average share price fromMarch 25, 2022 toApril 8, 2022 minus a 20% discount, resulting in a subscription price ofNOK 117.70 per share. In aggregate, approximately 900 employees, corresponding to 27% of eligible employees, participated in the program. The following primary insiders and close associates have chosen to participate in the program and acquire shares in the company, and have thus been allocated shares: Board of Directors:Rune Syversen (Chairman): 2,124 shares Jens Rugseth (member): 2,124 sharesCamilla Magnus (member): 2,124 shares Grethe Viksaas (member): 2,124 sharesJennifer Koss (member): 850 sharesMette Wam (Employee rep.): 2,124 sharesBrit Smestad (Employee rep.): 2,124 shares Christian Ødemark (Employee rep.): 2,124 sharesTimothy Jay Herland (Deputy employee rep.): 850 shares Julie Lorch-Falch Chrissafopoulos (Deputy employee rep.): 340 shares Executive Management:Melissa Mulholland (CEO): 2,124 sharesJon Birger Syvertsen (CFO): 2,124 sharesFlorian Rosenberg (CTO): 2,124 sharesAbbey Lin (CCO): 850 shares Close associates:Kyle Mulholland , close associate to CEOMelissa Mulholland : 850 shares Primary insider notifications pursuant to theEU Market Abuse Regulation Article 19 are attached. Investor contact: Magnus Granerød IR Manager ir@crayon.com About Crayon Crayon is a customer-centric innovation and IT services company with over 3,300 team members across 47 countries. We optimize businesses' IT estate to help them innovate with expertise they can trust. Our services create value for companies to thrive today, and scale for tomorrow. For more information, visit www.crayon.com. This information is subject to the disclosure requirements pursuant to theEU Market Abuse Regulation Article 19 and section 5-12 of theNorwegian Securities Trading Act.
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