Induct AS - Registration of supplemental prospectus

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE
PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.
PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT

Reference is made to the stock exchange announcement published by Induct AS (the
"Company") on 22 June 2026 regarding the registration of a national prospectus
for a partially underwritten rights issue raising gross proceeds of up to NOK 20
million (the "Prospectus"). Reference is also made to the stock exchange
announcement published by the Company on 6 August 2026 regarding the appointment
of Karl Erik Brøten as new Chief Financial Officer (CFO) in the Company.

The Company announces that a supplemental prospectus has today, 6 August 2026,
been registered with the Norwegian Register of Business Enterprises ("NRBE") in
accordance with chapter 7 of the Norwegian Securities Trading Act (the
"Supplemental Prospectus"). The Supplemental Prospectus has been prepared to
supplement the Prospectus with information that Karl Erik Brøten has accepted an
offer to join the Company as Chief Financial Officer (CFO) on a part-time basis.
The information contained in the Supplemental Prospectus shall be considered as
an integral part of the Prospectus, and is to be read together with the
Prospectus. Neither the Financial Supervisory Authority of Norway nor any other
public authority has carried out any form of review, control, or approval of the
Supplemental Prospectus. The Supplemental Prospectus does not constitute an EEA
prospectus.

Upon joining the Company, Brøten is expected to assume the CFO role following
the planned completion of Eli Cathrine Disch's interim CFO assignment. Disch
will continue to serve as a member of the Board of Directors of Induct, ensuring
continuity in the Company's governance and strategic oversight.

Karl Erik Brøten is a senior finance executive with more than 25 years of
leadership experience from Norwegian and international businesses, primarily
within telecom, software and technology businesses. Prior to accepting the offer
from Induct, Brøten served as interim Head of Finance for Arribatec ASA, a
publicly listed software and digital business solutions company listed on
Euronext Growth.

He has held several CFO positions within the Telenor Group, including in
Hungary, Pakistan, Malaysia and Bangladesh, and has also served as CFO of Telia
Norway and Gulf Bridge International in Qatar.
The Supplemental Prospectus will be made is available on the Company's website,
www.induct.net/investor,  and through Norne Securities AS, www.norne.no/induct.

This information is published subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act and in accordance with the
requirements of the Continuing Obligations.

For further information, please contact:
Synnøve Jacobsen
CEO
sj@induct.net
+47 99 41 54 47
 
IMPORTANT NOTICE
This announcement does not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities of the Company in the United
States or any other jurisdiction. Copies of this document may not be sent to
jurisdictions, or distributed in or sent from jurisdictions, in which this is
barred or prohibited by law. The securities of the Company may not be offered or
sold in the United States absent registration or an exemption from registration
under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act").
The securities of the Company have not been, and will not be, registered under
the U.S. Securities Act. Any sale in the United States of the securities
mentioned in this communication will be made solely to "qualified institutional
buyers" as defined in Rule 144A under the U.S. Securities Act. No public
offering of the securities will be made in the United States.
 
Any offering of the securities referred to in this announcement will be made by
means of the Prospectus.
 
This announcement is an advertisement and is not a prospectus for the purposes
of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14
June 2017 on prospectuses to be published when securities are offered to the
public or admitted to trading on a regulated market, and repealing Directive
2003/71/EC (as amended) as implemented in any EEA Member State (the "Prospectus
Regulation"). Investors should not subscribe for any securities referred to in
this announcement except on the basis of information contained in the
Prospectus. Copies of the Prospectus will, following publication, be available
from the Company's registered office and, subject to certain exceptions, on the
website of the Manager. In any EEA Member State, this communication is only
addressed to and is only directed at qualified investors in that Member State
within the meaning of the Prospectus Regulation, i.e., only to investors who can
receive the offer without an approved prospectus in such EEA Member State.
 
In the United Kingdom, this communication is only addressed to and is only
directed at Qualified Investors who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling
within Article 49(2)(a) to (d) of the Order (high net worth companies,
unincorporated associations, etc.) (all such persons together being referred to
as "Relevant Persons"). These materials are directed only at Relevant Persons
and must not be acted on or relied on by persons who are not Relevant Persons.
Any investment or investment activity to which this announcement relates is
available only to Relevant Persons and will be engaged in only with Relevant
Persons. Persons distributing this communication must satisfy themselves that it
is lawful to do so.
 
This document is not for publication or distribution in, directly or indirectly,
Australia, Canada, Japan, the United States or any other jurisdiction in which
such release, publication or distribution would be unlawful, and it does not
constitute an offer or invitation to subscribe for or purchase any securities in
such countries or in any other jurisdiction. In particular, the document and the
information contained herein should not be distributed or otherwise transmitted
into the United States or to publications with a general circulation in the
United States of America.
 
The Manager is acting for the Company in connection with the Rights Issue and no
one else and will not be responsible to anyone other than the Company for
providing the protections afforded to their respective clients or for providing
advice in relation to the Rights Issue or any transaction or arrangement
referred to in this announcement.
 
Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "anticipate", "believe",
"continue", "estimate", "expect", "intends", "may", "should", "will" and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.
Although the Company believe that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies and other important factors which are difficult or
impossible to predict and are beyond its control. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements. The information, opinions and forward-looking
statements contained in this announcement speak only as at its date and are
subject to change without notice. This announcement is made by and is the
responsibility of the Company.
 
Neither the Manager nor any of their affiliates makes any representation as to
the accuracy or completeness of this announcement and none of them accepts any
responsibility for the contents of this announcement or any matters referred to
herein. This announcement is for information purposes only and is not to be
relied upon in substitution for the exercise of independent judgment. It is not
intended as investment advice and under no circumstances is it to be used or
considered as an offer to sell, or a solicitation of an offer to buy any
securities or a recommendation to buy or sell any securities of the Company. No
reliance may be placed for any purpose on the information contained in this
announcement or its accuracy, fairness or completeness.
 
Neither the Manager nor any of their respective affiliates accepts any liability
arising from the use of this announcement. 
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announcement or its accuracy\, fairness or completeness.\
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Neither the Manager nor any of their respective affiliates accepts any liability\
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