Sikri Holding ASA: Nomination of Rolv Erik Ryssdal as new chairperson

Oslo, 31 October 2022. The nomination committee of Sikri Holding ASA ("Sikri
Holding") proposes that Rolv Erik Ryssdal is elected as new chairperson of the
company's board of directors. 

Presiding chairperson of the board of directors, Torstein Harildstad, has been
instrumental in a critical phase of the company, where Sikri Holding (the Sikri
Group) has grown 50% in terms of revenue and expanded the company's geographical
footprint under Mr. Harildstad's leadership. 

Rolv Erik Ryssdal is a Norwegian citizen, living in Oslo, Norway. He has spent
more than 30 years with Schibsted and later Adevinta.  He was managing director
of Aftonbladet from 1999 to 2005 and held the same position in VG (Verdens Gang)
from 2005 to 2008. He became CEO in Schibsted in 2009 and held that position
until 2018 when he became CEO of Adevinta, spun out of Schibsted. He led
Adevinta's IPO in 2019 and the acquisition of eBay Classifieds Group in 2021,
making Adevinta the largest international classifieds company globally. He
stepped down from the position as CEO of Adevinta in August this year.

During his tenure as CEO in Schibsted, and later Adevinta, the companies focused
on growth and on scaling the Scandinavian business models globally.  Schibsted
developed from a strong regional player to a global leader in online
classifieds.  As CEO of publicly listed companies for 13 years, Ryssdal has
extensive experience from international capital markets.

Ryssdal has a Master of Science degree from Norwegian School of Management
(siviløkonom) and an MBA from Insead in France.

Subject to being elected as the new chairperson, Ryssdal has undertaken to
purchase shares in Sikri Holding for a value of NOK 10 million at a price per
share of NOK 5.77 (corresponding to the market price of the Sikri share on 28
October 2022) (the "COB Shares"). The purchase price payable for the COB Shares
will be in two tranches of which 20% will be payable upon issuance of the COB
Shares and with 80% being considered a contingent deferred payment being payable
upon the earlier of (i) Ryssdal no longer holding the position as chairperson of
Sikri Holding, (ii) upon sale of COB Shares, or (iii) on 28 October 2026. The
remaining amount will carry an interest of 3% p.a. The COB Shares will be
subject to lock-up until 28 October 2024. Upon payment of the remaining amount
as a result of (i) above, Ryssdal is given the right (but no obligation) to sell
to Sikri Holding (or someone appointed by Sikri Holding) all of the COB Shares
at a price equal to the lower of (a) the remaining amount and (b) the market
value of the COB Shares on the date of leaving his position.

Sikri Holding will convene for an extraordinary general meeting (EGM) for the
approval of the above. 

For further information, please contact: 
Nicolay Moulin, CEO 
[phone] 
[e-mail] 

About Sikri Holding

Sikri Holding (the Sikri Group) has developed from a software house specializing
in software and services towards the public sector, to becoming a leading
company also within property data, property technology and data economics in the
Nordics. Our customer base spans public sector as well as private businesses
within real estate, banking, insurance, property developers, media companies,
builders, property owners, taxation companies, engineers, power companies and
building materials production. We create value for public sector, private
businesses, and citizens, with an innovative approach to the use of data and
data analysis. Our ambition is to build the leading Nordic ecosystem for public
administration, property technology, analysis, and data.

This information is subject to the disclosure requirements pursuant to Euronext
Oslo Børs' Continuing Obligations and Section 5-12 of the Norwegian Securities
Trading Act.

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