With reference to the stock exchange agreement of 5 July 2023, Techstep has signed the agreement with the new bank relation for refinancing of the company's term loans and credit facilities. As earlier communicated, the refinancing package increase total available liquidity with NOK 25 million and
restructures the interest-bearing debt, increasing long term debt by NOK 50 million with a 50/50 five-year amortisation and five-year bullet, in addition to flexible short term credit facilities.