Oslo, 24 January 2020 

Three employees in Navamedic ASA have exercised a total of 275 000 options.
Following the share option exercise, the Board of Directors, pursuant to
authorization granted by the Navamedic ASA's Annual General Meeting, has decided
to increase the Company's share capital by NOK 203 500 by issuing 275 000 new
shares, of par value NOK 0,74. Following the increase, Navamedic ASA's share
capital is NOK 8 985 578,02 divided into 12 142 673 shares. The weighted average
option exercise price is NOK 8,88. The options exercised by all three employees
had expiration date of January 24th, 2020. The shares have a 12 month lock-up
period attached to them. 

Options exercised by primary insiders 23 January 2020:
Kathrine Gamborg Andreassen has exercised 125 000 options in the Company,
corresponding to 125 000 shares at the strike price of NOK 8,88.
Ole Henrik Eriksen has exercised 75 000 options in the Company, corresponding to
75 000 shares at the strike price of NOK 8,88.
Astrid Bratvedt has exercised 75 000 options in the Company, corresponding to 75
000 shares at the strike price of NOK 8,88. 

New holding:
After exercising the options, Kathrine Gamborg Andreassen holds 125 000 options
and 541 668 shares in the Company.
After exercising options, Ole Henrik Eriksen holds 0 options and 491 666 shares
in the Company.
After exercising options, Astrid Bratvedt holds 0 options and 493 666 shares in
the Company.

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