Oslo, 10 January 2025: Reference is made to Spir Group ASA's (the "Company")
announcement on 13 June 2023 regarding the grant of 217,593 restricted stock
units ("RSUs") to the Company's key employees and management under the RSU
program.

On 1 January 2025, a total of 88,589 RSUs were eligible for settlement under the
RSU program, giving the RSU holders the right to subscribe for 88,589 shares in
total, each with a par value of NOK 0.02, at a subscription price of NOK 0.02
per share. In connection therewith, the board of directors has today, on the
basis of the authorisation granted to it by the annual general meeting held on
31 May 2024, resolved to increase the Company's share capital by up to NOK
1,771.78 by issuing up to 88,589 new shares at a subscription price of NOK 0.02,
corresponding to the nominal value of the Company's shares.  

Following settlement of the abovementioned RSUs, no other RSUs remains
outstanding under the RSU program.

For further information, please contact:

Cecilie Brænd Hekneby, CFO & IR
Tel: +47 99 29 38 26
E-mail: cecilie.hekneby@spirgroup.com

This information is published in accordance with disclosure requirements of the
Euronext Oslo Rule Book II and is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Spir Group 
Spir Group is a Nordic software house delivering mission critical software and
data within two business areas