Oslo, 7 April 2021. The board of directors of Webstep ASA (the "Company") has today proposed that the general meeting grants (i) an authorisation to the board of directors, for a term of two years, to increase the share capital of the Company by up to NOK 2,696,700 (approximately 10%), in connection with the Company's incentive programs for the executive management and other leaders in the Webstep group, and (ii) an authorisation to the board of directors, for a term until the annual general meeting in 2022, to increase the share capital of the Company by up to NOK 5,393,400 (approximately 20%), in order to finance further growth of the Webstep group.