Company announcement No. 87

ECIT AS hereby announce that the Danish IT-company Prosys ApS has been acquired
by ECIT. The acquisition adds to ECIT`s market position and footprint within
Managed Services, Cloud and infrastructure, including advisory services and
IT-support.

ECIT`s subsidiary ECIT Solutions A/S is acquiring 100 % of the shares in Prosys.
The acquisition has been settled in cash, and Prosys will be merged into ECIT
Solutions A/S.

- The acquisition strengthens ECIT`s IT and Cloud services portfolio and our
position within managed services and IT advisory. Prosys` services and customer
portfolio complements the IT-division and ECIT's footprint in Denmark. We are
pleased to welcome customers and employees of Prosys to ECIT, says Peter
Lauring, CEO in ECIT.

About Prosys ApS
Prosys, located in Greater Copenhagen area, Denmark, is a Danish Managed IT
Services Provider supporting medium to large customers and their digital
transformation, through managed IT-services, cloud- and network operations.
Prosys has 5 employees and a 2021 revenue at 7 MDKK. For further information on
Prosys visit https://prosys.dk
	
		
About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll,
and a broad range of IT services. ECIT has a proven model for acquisition and
integration, ensuring proximity to customers and local entrepreneurship combined
with the strength of a larger international group. ECIT has a proforma revenue
(2021) of 2.6 billion NOK and +2,200 employees across 10 countries. M&A has been
a key driver of the Company's growth and ECIT has completed more than 125
acquisitions since 2013. Read more at www.ecit.com

For further information please contact 
 
Iselin Paulsen, Head of Communication		Mads Skovgaard, Group CFO 
Iselin.paulsen@ecit.com				mskovgaard@ecit.com 
+47 901 40 166					+45 2780 4942