Oslo, 18 November 2022: Reference is made to the stock exchange announcement on
11 November 2022 regarding the exercise of 3,583,225 employee share options and
the resolution by the Board of Directors of Kahoot! ASA ("Kahoot!" or the
"Company") to issue 3,583,225 new shares (the "New Shares") in the Company
pursuant to an authorization granted by the Company's general meeting on 27 May
2022.

The share capital increase pertaining to the issuance of the New Shares has
today been registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret). Kahoot!'s new share capital is NOK 49,283,604.90, divided
into 492,836,049 shares, each with a nominal value of NOK 0.10.
 
For further information please contact:
 
Ken Østreng, CFO
Phone: +47 911 51 686
Email: keno@kahoot.com
 

Jonas Forslund, Director Investor Relations 
Phone: +358 40 595 0968 
Email: jonasf@kahoot.com


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange