Oslo, 29 November 2024: Spir Group ASA (the "Company" and together with its
consolidated subsidiaries, the "Group") has completed an application period
under its employee share purchase program for the Group's employees and the
members of the Company's board of directors (the "2024 ESPP"). 

The offer price for the shares in the 2024 ESPP has been set to NOK 6.5791 (the
"Offer Price"), which constitutes the volume weighted average share price for
the Company's shares on the Oslo Stock Exchange during the application period
from 14 November 2024 to 28 November 2024, with a discount of 20%. 

As part of the employee share purchase program, employees and board members may,
after a vesting period of three years, subscribe for one bonus share per three
shares subscribed for in the 2024 ESPP, subject to certain conditions being
fulfilled.

Based on the applications received, the Company's board of directors has
allocated a total of 440,000 new shares to the participants in the 2024 ESPP.
Furthermore, the board of directors has, 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 8,800 by issuing up to 440,000
new shares at a subscription price equal to the Offer Price. 

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