NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE HONG KONG SPECIAL
ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR THE
UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE
UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE "UNITED STATES") OR
ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD
BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Oslo, 14 February 2024: Reference is made to the stock exchange announcement
published on 14 February 2024 regarding the contemplated private placement (the
"Private Placement") in Elektroimportøren AS ("Elektroimportøren" or the
"Company").

Elektroimportøren is pleased to announce that a total of 20,000,000 new shares
(the "Offer Shares") have conditionally allocated in the Private Placement at a
subscription price of NOK 7.50 per Offer Share (the "Offer Price"), raising
gross proceeds of approximately NOK 150 million. The Offer Price was determined
by the Board following an accelerated bookbuilding process. The Private
Placement was oversubscribed.

DNB Markets, a part of DNB Bank ASA and SpareBank 1 Markets AS acted as joint
bookrunners, collectively (the "Managers").

The net proceeds to the Company will be used (i) repay NOK 75 million of debt in
connection with the refinancing, (ii) continuing the financing of the ongoing
growth initiatives and (iii) general corporate purposes.

DNB Markets is a part of DNB Bank ASA. DNB Bank ASA is a lender under the debt
facility contemplated to be refinanced in connection with the Private Placement.

Completion of the Private Placement is subject to the following conditions
(together, the "Conditions") being satisfied: (i) all necessary corporate
resolutions being validly made by the Company, hereunder an extraordinary
general meeting in the Company, scheduled to be held on or about 29 February
2024 (the "EGM"), resolving to issue and allocate the Offer Shares, (ii) the
Pre-Funding Agreement entered into between the Company and the Managers
remaining in full force and effect, (iii) the share capital increase pertaining
to the issuance of the Offer Shares being validly registered with the Norwegian
Register of Business Enterprises (the "NRBE"), and (iv) the Offer Shares being
validly issued and registered in the VPS.

The following primary insiders and close associates of primary insiders have
applied for and conditionally been allocated new shares in the Private
Placement, which will be regarded as PDMR/PCA trades under the Market Abuse
Regulation (EU):

o	ACapital ELIMP HoldCo AS, a company closely associated with chairperson Vegard
Søraunet and board member Gaute Gillebo, has been allocated 4,905,439 Offer
Shares, and will subject to completion of the Private Placement own 11,474,362
shares (24.5%) in the Company. ACapital ELIMP HoldCo AS is currently owned
approximately 80% by WQZ Investment Group Ltd and approximately 20% by Aeternum
Capital AS