(OSLO, Norway) - In connection with the annual employee share incentive program
of Crayon Group Holding ASA (the "Company" or "Crayon"), all employees of Crayon
and its subsidiaries for which an offer could be lawfully made have been offered
to subscribe for shares in the Company. 

The employees have been offered to subscribe at the volume-weighted average
share price from March 15, 2024 to March 31 2024, minus a 20% discount,
resulting in a subscription price of NOK 62.19 per share. 

The application period ended at March 31, 2024 and final allocation is expected
take place in April, 2024. The new shares issued to employees and board members
as part of the employee share incentive program will be subject to a lock-up
period of two years. 

The following primary insiders have applied for shares: 
Board of Directors: 
Jens Rugseth(member): 4,019 shares
Grethe Helene Viksaas(member): 1,607 shares
Lars Larhammer (Employee rep.): 4,019 shares
Liv Hege Jensen (Employee rep.): 1,607 shares
Mette Wam (Employee rep.): 3,215 shares
Timothy Jay Herland (Employee rep.): 964 shares

Executive Management: 
Melissa Mulholland (CEO): 4,019 shares
Brede Huser (CFO): 4,019 shares

Investor contact: 
Kjell Arne Hansen
Head of Investor Relation & Corporate Finance
ir@crayon.com

About Crayon 
Crayon is a customer-centric innovation and IT services company with over 4,000
team members across 46 countries. We optimize businesses' IT estate to help them
innovate with expertise they can trust. Our services create value for companies
to thrive today, and scale for tomorrow. For more information, visit
www.crayon.com.