Oslo, May 31, 2021: Reference is made to the announcement on May 25, 2021
regarding increase of share capital by Pexip Holding ASA ("Pexip", Oslo Børs
ticker "PEXIP") in connection with exercise of employee share options. The new
share capital pertaining to these new shares has today been registered with the
Norwegian Register of Business Enterprises. Following this, the registered share
capital of Pexip is NOK 1,566,445.065, comprising 104,429,671 shares, each with
a nominal value of NOK 0.015. 

For further information, please contact: Mirza Koristovic, IR Director +47 93 87
05 25 ir@pexip.com 

About Pexip | pexip.com Pexip simplifies complex videoconferencing to empower
organizations with face-to -face collaboration, no matter the location or
technology. Our scalable platform enables high-quality video meetings, with
enterprise-grade security, and is easily adapted to fit customers' IT
requirements and existing infrastructure. This makes Pexip the leading provider
for large enterprises and public sector organizations. The solution is sold
through 300 channel partners in 75 countries and used in more than 190
countries. Pexip was listed on the Oslo Børs in May 2020.