(Oslo, 25 November 2021) DLT ASA (DLTx, OSE: DLTX) is pleased to announce that
it has entered into a term sheet with Ethos Investment X LLC ("Ethos"), in which
it is agreed that Ethos (or an affiliate of Ethos) shall invest USD 10,000,000
in DLTx through a private placement of 4,921,216 new shares in DLTx at a
subscription price of 18.02 NOK per share (the "Private Placement"). Pursuant to
the said agreement, Ethos shall also be granted warrants with a total strike
price of USD 1,000,000 with a share strike price of NOK 36.08 pr share (equaling
approximately to 250,000 warrants). The completion of the Private Placement is
subject to the parties agreeing on and entering into a definitive binding
agreement on the Private Placement. 

Easy2Connect AS has on 24 November 2021 agreed to sell (i) 3,000,000 shares in
DLTx to Hope for More AS (the "Share Sale") at a price per share of NOK 18.02,
and (ii) 500 000 warrants ("Warrants") in DLTx at a price of NOK 3 per Warrant
to Jonathan Mohan who is a key employee of DLTx (together with the Share Sale
the "Securities Sale"). Hope for More AS is controlled by chairman James Haft
and Easy2Connect AS is controlled by CEO Thomas Christensen. Each Warrant gives
the warrant holder the right to subscribe or purchase one share in the Company
at an exercise price of NOK 12.00. The Warrants are subject to such terms and
conditions approved by on the EGM on 17 March 2021 (item 5).

Following the Share Sale, Hope for More AS, a company controlled by James Haft,
will hold 11,923,903 shares and votes, equal to 20.9% (rounded) of the shares
and votes in the Company. James Haft also holds 1,050,000 share options in the
Company, and 1,000,000 warrants, each warrant and share option giving the right
to receive one share in the Company on certain terms and conditions, equal to
3.6% (rounded) of the registered share capital, if all of these warrants and
share options are exercised. The aggregate holding of shares and rights to
shares are therefore 24.5% based on the registered share capital.  

Further, following the Securities Sale, Easy2connect AS, a company controlled by
Thomas Christensen, will hold 1,373,334 shares, equal to 2.4 % (rounded) of the
share capital and votes of the Company. Christensen further holds 1,100,000
share options, each share option giving the right to receive one share in the
Company on certain terms and conditions, equal to 1.9 % (rounded) of the
registered share capital if all of the share options are exercised. The
aggregate holding of shares and rights to shares are therefore 4.3% based on the
registered share capital.  


For further information, please contact:

Thomas Christensen, CEO, +47 922 55 444
Andreas Arnesen, Investor Relations, +47 952 55 816


About DLTx | www.dltx.com

DLTx is an enterprise vendor for DAOs and public blockchains focused exclusively
on building technology within the blockchain industry. DLTx will partner with
the best-in-class companies in sectors being reshaped by Distributed Ledger
Technologies. The management and advisory board have considerable experience
within the blockchain ecosystem and will actively advise and support the
companies DLTx helps to develop. DLTx will support core developers, run
validation nodes, hold governance tokens and help companies with the right
technology, teams and market prospects to succeed.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act.
This announcement is published by Roger Lund, VP Strategy, at 07.00 CET, 25
November 2021.

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