16.12.2021 12:41:06 CET | EcoOnline | Additional regulated information required
to be disclosed under the laws of a member state

Oslo, 16 December 2021 | Reference is made to the stock exchange announcement by
EcoOnline Holding AS ("EcoOnline" or the "Company") on 18 June 2021 where the
Company informed that the board of directors inter alia had approved an employee
stock purchase plan (ESPP) of which a part of the program where to be offered to
all permanent employees of the group.

All permanent employees have, during a period starting on 6 December and ending
15 December 2021 at 12:00 CET (the subscription period), been given the
opportunity to subscribe shares in the Company at a discount, for the amount of
NOK 7,500, NOK 15,000 or NOK 22,500 (after discount). The subscription price per
share of NOK 14.111 is equal to the volume-weighted average trading price for
the Company's shares on Euronext Growth Oslo during the trading days of the
subscription period, less a 25% discount.

Based on the applications received from the employees and pursuant to an
authorisation granted by the Company's extraordinary general meeting on 15 March
2021, the board has today resolved to increase the Company's share capital by
NOK 20,615.70 by issuing 206,157 new shares, each at a nominal value of NOK
0.10, at a subscription price of NOK 14.111 per share. Following the share
capital increase, the Company's share capital is NOK 16,445,611.90, consisting
of 164,456,119 shares, each with a nominal value of NOK 0.10.

DISCLOSURE REGULATION

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

CONTACTS

 * Siw Ødegaard, CFO and Head of IR at EcoOnline, +47 957 59 848,
   siw.odegaard@ecoonline.com 

ABOUT ECOONLINE

EcoOnline is a European EHSQ SaaS market leader dedicated to developing software
creating safer & sustainable workplaces while ensuring compliance and
environmental sustainability. EcoOnline has offered a positive contribution to
customers and society since its inception and is a leader in the Nordics, UK and
Ireland with customers also in US and many other countries. The company has a
clear history of successfully acquiring and integrating companies with same
level of employee engagement as EcoOnline.