Oslo, 8 September 2020

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR 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.

Reference is made to the stock exchange notice from Hiddn Solutions ASA (the
“Company”) on 4 September 2020 regarding the acquisition of Arribatec AS by the
Company and a subsequent offering in Hiddn Solution ASA (the “Subsequent
Offering”). Key information relating to the Subsequent Offering has now been
determined and is set forth below.

The Subsequent Offering will be directed towards shareholders in Hiddn who (i)
were not invited to participate in the new share issue in Arribatec AS
(“Arribatec”) and (ii) are not resident in a jurisdiction where such offering
would be unlawful or, for jurisdictions other than Norway, would require any
prospectus, filing, registration or similar action. 

Date on which the terms and conditions of the Subsequent Offering were
announced: 8 September 2020

Last day including right: 5 October 2020

Ex-date: 6 October 2020

Record date: 7 October 2020

Maximum number of new shares: 32,855,000 new shares

Subscription price: NOK 0.94 per share

Other information: The Subsequent Offering is subject to completion of the Share
Exchange Agreement between Hiddn and Arribatec, approval by a shareholder
meeting of Hiddn and the publication of a National prospectus registered in the
Norwegian Register of Business Enterprises. Notwithstanding the foregoing, the
board of directors may, in its sole discretion, decide that the Company shall
not carry out the Subsequent Offering. This information is published in
accordance with the requirements of the Continuing Obligations.

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

For further information, please contact: 

Lars Christian Stugaard, interim CEO: +47 476 30 522 / e-mail:
larschristian@ferncliff.no, 
or Martin Nes, chairman: +47 920 14 814 / e-mail: martin@ferncliff.no






Important information 

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia). This release is an announcement issued pursuant to
legal information obligations, and is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act. It is issued
for information purposes only, and does not constitute or form part of any offer
or solicitation to purchase or subscribe for securities, in the United States or
in any other jurisdiction. The securities mentioned herein have not been, and
will not be, registered under the United States Securities Act of 1933, as
amended (the "US Securities Act"). The securities may not be offered or sold in
the United States except pursuant to an exemption from the registration
requirements of the US Securities Act. The Company does not intend to register
any portion of the offering of the securities in the United States or to conduct
a public offering of the securities in the United States. Copies of this
announcement are not being made and may not be distributed or sent into
Australia, Canada, Japan or the United States. 

The issue, subscription or purchase of shares in the Company is subject to
specific legal or regulatory restrictions in certain jurisdictions. Neither the
Company nor the Manager assume any responsibility in the event there is a
violation by any person of such restrictions. The distribution of this release
may in certain jurisdictions be restricted by law. Persons into whose possession
this release comes should inform themselves about and observe any such
restrictions. Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction. 

The Manager is acting for the Company and no one else in connection with the
Private Placement and will not be responsible to anyone other than the Company
providing the protections afforded to their respective clients or for providing
advice in relation to the Private Placement and/or any other matter referred to
in this release. 

Forward-looking statements: This release and any materials distributed in
connection with this release may contain certain forward-looking statements. By
their nature, forward-looking statements involve risk and uncertainty because
they reflect the Company's current expectations and assumptions as to future
events and circumstances that may not prove accurate. A number of material
factors could cause actual results and developments to differ materially from
those expressed or implied by these forward-looking statements. This information
is subject to the disclosure requirements pursuant to section 5 -12 of the
Norwegian Securities Trading Act.