Oslo, 9 November 2023

Reference is made to the stock exchange announcement on 9 November 2023
regarding the settlement of the recommended voluntary offer (the "Offer") by
Kangaroo BidCo AS (the "Offeror") to acquire all outstanding shares in Kahoot!
ASA ("Kahoot!") for a cash consideration of NOK 35.00 per share (the "Offer
Price").

Reference is also made to the stock exchange announcement on 7 November 2023
regarding the transfers of shares in Kahoot! by KMAN AS and Glitrafjord AS to a
settlement account of Danske Bank in connection with the settlement of the
transactions contemplated by the Investment Agreement (as further described in
the stock exchange announcement regarding the announcement of the Offer on 14
July 2023).

Pursuant to the Investment Agreement, Glitrafjord AS and KMAN AS, both close
associates of primary insider Eilert Hanoa (Kahoot! CEO), have today, as a part
of the transactions contemplated by the Investment Agreement, carried out a
series of share transfers against issuance of new shares in the Offeror group,
as further set out in the attached required notifications. 


For further information please contact: 

Ken Østreng, CFO 
Phone: +47 911 51 686 
Email: keno@kahoot.com 

Jonas Forslund, Director Investor Relations 
Phone: +358 40 595 0968 
Email: jonasf@kahoot.com
 
This information is subject to the disclosure requirements in article 19 of
Regulation EU 596/2014 (MAR) and section 5-12 of the Norwegian Securities
Trading Act.