Knut Braut, Chief Technology Officer of Zaptec AS (ZAP), has on November 24th
2021 exercised 300.000 share options. The redemption price for the share options
is NOK 1.5 for the first 100.000 options, NOK 11.25 for the following 100.000
options and NOK 13.25 for the last 100.000 options. 

Following this transaction Knut Braut own a total of 300.000 shares and no share
options.

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