Company announcement No. 210

ECIT AS hereby announce that Aktiv Revisjon og Regnskap AS has become a part of
ECIT. 

- The acquisition strengthens ECIT's presence within F&A in Harstad and
Tønsberg, Norway. We are pleased to welcome customers and employees of Aktiv
Revisjon og Regnskap to ECIT, says Peter Lauring, CEO in ECIT.

ECIT is acquiring 100 % of the shares in Aktiv Revisjon og Regnskap AS. The
seller will continue as employee in Aktiv Revisjon og Regnskap AS. The
acquisition has been settled partly through cash, partly with (indirect) shares
in the ECIT subsidiary Intunor Services AS, and partly with treasury shares.
After the transaction, ECIT AS' stock of treasury shares is 1,097,125,
corresponding to 0.242 % of the company`s total registered share capital. 


About Aktiv Revisjon og Regnskap AS
From offices in Harstad and Tønsberg, Aktiv Revisjon og Regnskap AS delivers
Accounting and Payroll services. Aktiv Revisjon og Regnskap AS has 5 employees
and a revenue of 3.8 MNOK for the fiscal year ending 31.12.2022. Read more on
https://aktiv-revisjon.as.	

For further information please contact 
Mads Skovgaard, Group CFO
mskovgaard@ecit.com 
+45 2780 4942
	

About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll,
and IT services. ECIT has a proven model for acquisitions, combining proximity
to customers, local entrepreneurship and the strength of a larger international
group. ECIT has a full-year proforma revenue of 3.5 billion NOK per Q3 2023 and
more than 2,500 employees across ten countries. M&A has been key to drive the
Company's growth as ECIT has completed more than 130 acquisitions since 2013.
Read more at www.ecit.com.