Zaptec AS will conduct a buyback of own shares in a period lasting from 9th to
13th of May 2022.

The shares will be used in the Company's share program for employees in the
Zaptec group, and to honour share options announced exercised by Stig H.
Christiansen on February 1st 2022.

The total purchase amount is approximately 9 MNOK and the maximum number of
shares to be purchased is 250,000.

The buyback will be done on basis of authorization granted at Zaptec AS's Annual
General Meeting on 18th June 2021. The authorization is for buyback of up to
7,530,880 shares to be used in the share programs, at a share price of minimum
NOK 1 and a maximum NOK 100. Zaptec AS holds 20,825 treasury shares prior to the
buyback.


Contact:
Kristian Sæther, Finance Manager & IR, Zaptec AS
Tel: +47 90 70 85 12, e-mail: investor@zaptec.com

About Zaptec: 
Zaptec AS is a technology company within Electric vehicle (EV) charging systems
in Europe. The company develops EV charging systems for multi and single-family
homes and office buildings. The product portfolio enables large number of
charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365
payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company
accelerates the electrification of the transport sector to assist European
countries in reducing CO2 emissions from light-duty cars.

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