Company announcement No. 205

Reference is made to company announcement no. 195 of 27 October 2023, where the
board of directors resolved to issue 1,252,500 B-shares at a nominal value of
NOK 1.00 per share, in connection with the acquisition of 50.1 % of the shares
in Evercom AS.

The increase of share capital in ECIT AS is now registered in The Brønnøysund
Register.

The share capital has been increased from NOK 452,852,873 to NOK 454,105,373.

The distribution of shares, after the capital increase, is as follows:   

A-shares: 41,336,068
B-shares: 345,017,074
C-shares: 67,752,231


DISCLOSURE REGULATION   
This is information that ECIT AS is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.

For further information, 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.