Changes to share capital registered. Company announcement No. 53 Reference is made to the stock exchange notice (41) byECIT AS on3rd December 2021 , with corrections in stock exchange notice (42) byECIT AS on6th December 2021 . The amendment to the Articles of Association in relation to the capital increase ofNOK 502,610 was unanimously approved at the Board meeting on3rd December 2021 . 502,610 new Class B shares at par valueNOK 1.00 are issued as settlement for a portion of the consideration forECIT AS' exercising of call options in shares in subsidiaries. The changes are now registered in the The Brønnøysund Register Centre. The share capital is increased fromNOK 445,455,134 toNOK 445,957,744 by issuing 502,610 new Class B shares, each with a nominal value ofNOK 1.00 . The new class B-shares are valued atNOK 8.84548 per share, totalNOK 4,445,827 . The price corresponds to VWAP of ten (10) trading days before the transaction date less 6,5%. The transaction dates are the dates on which the options were exercised. Shares issued under this transaction is subject to a 12-month lock-up period. The shares in ECIT are divided between three share classes and the distribution of shares is as follows: o Class A, 41,336,068 shares. o Class B, 339,680,393 shares. o Class C, 64,941,283 shares. DISCLOSURE REGULATION This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. Any questions may be addressed to Chief Operating OfficerChristine Lundberg Larsen , christine.larsen@ecit.com, +47 452 11 552
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