Kid ASA - Disclosure of shareholding and mandatory notification of trade

20 February 2024. Gjelsten Holding AS ("Gjelsten Holding") has today sold
4,161,291 shares in Kid ASA (the "Company" or "Kid"), representing 10.24 per
cent of the share capital in the Company, at a price per share of NOK 123 for a
total transaction size of NOK 512 million (the "Placing"). The shares were sold
through a process managed by ABG Sundal Collier ASA and SpareBank 1 Markets AS
as joint bookrunners. 

After the Placing, Gjelsten Holding holds no shares in Kid. Gjelsten Holding is
represented on the board of directors in the Company.

Please see the attached notification in accordance with Regulation EU 596/2014
(MAR) article 19.

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