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Oslo, 14 July 2023

Kahoot! ASA ("Kahoot!") today announces an agreement for a recommended voluntary
all cash offer from the Private Equity business within Goldman Sachs Asset
Management, with co-investors General Atlantic FT B.V. ("General Atlantic"),
KIRKBI Invest A/S ("KIRKBI"), Glitrafjord AS and certain other investors and
management shareholders ("the Co-Investors", and collectively with funds managed
by Goldman Sachs Asset Management, the "Investors"), to acquire all issued and
outstanding shares in Kahoot! (the "Shares") at a best and final offer price of
NOK 35 per Share (the "Offer Price") (the "Offer"), representing an aggregate
equity purchase price of NOK 17.2 billion.

The Offer is being made through Kangaroo BidCo AS (the "Offeror"), a newly
formed Norwegian limited liability company established by Goldman Sachs Asset
Management for the purpose of the Offer.

The board of directors of Kahoot! (excluding its members having a conflict of
interest) (the "Board") has unanimously resolved that it has recommended the
shareholders of Kahoot! (the "Shareholders") to accept the Offer.

Eilert Hanoa, Chief Executive Officer at Kahoot!, said, "Kahoot!Žs mission is to
make learning awesome. Our portfolio of solutions drives billions of learning
interactions every year, coming together through continuous product innovation
and a team with ambition to put magic learning moments at everyone's fingertips.
As the need for engaging learning, across home, school and work, continues to
grow, I am excited about the opportunities this partnership represents for our
users, our ecosystem of partners, and for the talented team across the Kahoot!
Group, to advance education for hundreds of millions of learners everywhere."

Andreas Hansson, Chairman of the Board at Kahoot!, said, "The Board believes the
terms of the offer from Kangaroo BidCo AS are in the best interests of Kahoot!
and our shareholders, and that the offer will benefit our employees, customers
and partners. The Board recommends the offer as it represents a fair valuation
of the company, as well as significant opportunities for accelerating the
company's journey to become the leading learning platform in the world." 

Michael Bruun, Global co-Head of Private Equity at Goldman Sachs Asset
Management, said "Kahoot! is unlocking learning potential for children, students
and employees across the world. The company has a clear mission and value
proposition and our investment will help to grow its impact and accelerate value
for all stakeholders. Through this transaction, we are pleased to partner with a
fantastic leadership team and group of co-investors to expand a mission-critical
learning and engagement platform and contribute to its further growth and
innovation."

Chris Caulkin, Managing Director and Head of Technology for EMEA at General
Atlantic, said, "Since General Atlantic partnered with Kahoot! in September
2022, the company has maintained significant momentum across key strategic
initiatives, including scaling its enterprise offering and global subscriber
base while also extending its premium IP partnerships and delivering product
innovation to leverage advances in generative AI. Through this transaction, we
are pleased to deepen our commitment to support Kahoot!'s long-term growth in
collaboration with the broader co-investor group. We look forward to our
continued partnership with Eilert and the Kahoot! team in the years ahead."

Thomas Lau Schleicher, Chief Investment Officer at KIRKBI, said, "We are excited
to invest alongside Goldman Sachs Asset Management, General Atlantic, and
Kahoot!'s management team to accelerate the growth of Kahoot!. We are impressed
with the company's journey, having developed an exciting range of products to
interact with its users in a fun and engaging way. We support the company's
mission to empower learners and educators worldwide, which resonates with our
core values and find the investment fits very well with KIRKBI's long-term
investment strategy."

Key highlights and summary of the Offer:

The Shareholders will be offered NOK 35 in cash per Share. The total value of
the Offer is approximately NOK 17.2 billion based on the 492,836,049 Shares
issued and outstanding as at the date of this announcement.

The Offer Price represents a premium of:
- 53.1% to the closing price on the Oslo Stock Exchange on 22nd May 2023 of NOK
22.86, being the last trading day prior to the day when the shareholding
positions of Co-Investors were publicly disclosed (such disclosures having been
made as part of the 2023 AGM voting process)