Reference is made to the stock exchange announcement made on 13 February 2023,
where Airthings ASA (the "Company") announced the successful completion of a
private placement of NOK 75 million in gross proceeds and that the share capital
of the Company would be increased to reflect this. 

The Company today announces that the share capital has been increased by NOK
234,375 by issuance of 23,437,500 new shares. The new share capital of the
Company is NOK 1,974,298.46 divided into 197,429,846 shares, each with a par
value of NOK 0.01. 

For further information, please contact: 

Jeremy Gerst - CFO
T: +47 455 11 103
E: jeremy.gerst@airthings.com

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.