Oslo, 2 January 2024. Reference is made to the stock exchange announcement by
Spir Group ASA (the "Company") on 13 June 2023 regarding the grant of 217,593
RSUs to member of management under the RSU program, of which 106,093 RSUs are
convertible into shares in the Company on 1 January 2024 and the last 111,500
RSUs are convertible on 1 January 2025, in each event subject to the RSU holder
being employed with the Company.
 
On 1 January 2024, a total of 67,439 RSUs were eligible for conversion into
shares. In accordance with the RSU Program the Company has resolved to fully
settle these RSUs in cash. Based on the price of the Company's shares on the
last trading day prior to 1 January 2024 of NOK 6.90, each RSU holder has
received settlement in cash for such portion of their RSUs, less the nominal
value of the shares of NOK 0.02.

After settlement of the above RSUs, the Company has outstanding a total of
88,589 RSUs being convertible into shares on 1 January 2025. No other RSUs
remains outstanding under the RSU program.

The following primary insiders of the Company have received cash for RSUs being
settled as of 1 January 2024: 

- Anne Mette Havaas, Head of Strategy Public, has received cash settlement for
28,785 RSUs under the RSU Program
- Eirik Pedersen, CSO, has received cash settlement for 28,785 vested RSUs under
the RSU Program.

Primary insider notifications pursuant to the EU Market Abuse Regulation Article
19 are attached.


For further information, please contact:
Per Haakon Lomsdalen, Group CEO
+47 902 71 918
Email: per.lomsdalen@spirgroup.com

This information is subject to the disclosure requirements pursuant to the EU
Market Abuse Regulation Article 19, Section 5-12 of the Norwegian Securities
Trading Act and the requirements of Oslo Rule Book II.