05.July  2022: Reference is made to the stock exchange notices from 11. May 2022
and 15. June 2022 announcing a share buyback program for Elop AS (the Company)
of up to NOK 15 million. 

From 11 May through 1 July 2022, Pareto Securities has bought 5,622,832 shares
at an average share price of NOK 2.1938 and a total value of NOK 12,335,267.
From 27. June 2022 through 1. July 2022, Pareto Securities AS has bought 358,979
shares on the behalf of the Company at an average price of NOK 2,36 and a total
value of NOK 849.302.

The buyback program will now be continued based on the new authorization granted
at the company's annual general meeting on 29 June 2022.  The buyback program
will consist of share purchases up to NOK 15 million and will run until the
order has been completed

Contact information: 
o Stian Thorsrud, Head of Communications and Marketing, tel: +47 993 00 003 
o Øivind Horpestad, CEO, tel: +47 910 00 626 
o Kim Boman, CFO, tel: +47 959 63 912 


About Elop AS 
Elop is a Norwegian technology company that delivers tools and digital solutions
to inspect, monitor and manage infrastructure worldwide. Through data-driven and
AI-based solutions for inspection and predictive maintenance of concrete
infrastructure, Elop's vision is to provide asset owners with solutions that
improve safety, extend asset lifetime, minimise total lifecycle cost and
environmental footprint. Elop is headquartered in Norway. For more information:
www.elop.no