Oslo, 2 July 2024: Reference is made to the stock exchange announcement published by Circio Holding ASA (the "Company") on 19 June 2024 regarding the general meeting's approval of the rights issue of between 3,658,000 new shares to 20,732,010 new shares in the Company, at a subscription price of NOK 2.50 per share (the "Offer Shares") to raise gross proceeds of up to approximately NOK 52 million (the "Rights Issue"). In addition, the subscribers in the Rights Issue will be allocated one warrant for every Offer Share allocated to them and paid by them in the Rights Issue (the "Warrants") without cost. Further reference is further made to the stock exchange announcement on 24 July 2024 regarding the commencement of the subscription period for the Rights Issue.

The shareholders of the Company on 19 June 2024 (and being registered as such in the Norwegian Central Securities Depository, Euronext Securities Oslo, as at the expiry of 21 June 2024 (the "Record Date") was granted 1.945786612 subscription right (the "Subscription Rights") for each share registered as held by the shareholder as of the Record Date.

The trading period in the Subscription Rights in the Rights Issue with ticker "CRNAT" will expire today, on 2 July 2024 at 16:30 hours (CEST).

The subscription period for the Rights Issue (the "Subscription Period") expires at 16:30 hours (CEST) on 8 July 2024. Subscription Rights that are not sold before close of trading today, 2 July 2024 at 16:30 hours (CEST) or not used to subscribe for Offer Shares before the expiry of the Subscription Period on 8 July 2024 at 16:30 hours (CEST) will have no value and will lapse without compensation to the holder.

Subscribers who are Norwegian residents with a Norwegian personal identity number (Nw.: fødselsnummer) are encouraged to subscribe for Offer Shares through the VPS online subscription system by following this link: https://investor.vps.no/sc/servlet/no.vps.sc.servlets.SCLogonServlet?ISIN=NO0013261016&TSted=07910&Sig=00ab13963964c58b9e4c00dd957bd2e0ee09ae9b866c769093ec5eccaaeeaf2c

For more information, and the complete terms and conditions of the Rights Issue, including the subscription form, please refer to the securities note approved on 18 June 2024 (the "Securities Note" and together with a registration document supplement and summary, approved on 18 June 2024, and a registration document approved on 28 September 2023 and a registration document supplement approved on 8 March 2024 comprises the "Prospectus"). The Prospectus is, subject to applicable local securities laws, available at the websites of the Company, https://www.circio.com/en/rights-issue-2024/.