Reference is made to the stock exchange announcement published by Techstep ASA
("Techstep" or the "Company") on 9 October 2024 regarding the successful private
placement and allocation of 2,777,777 new shares (the "Offer Shares") in the
Company at a subscription price of NOK 10.80 per Offer Share (the "Offer Price")
(the "Private Placement").

In the Private Placement, Datum AS ("Datum") has been allocated 461,217 Offer
Shares and Datum Vekst AS has been allocated 51,246 Offer Shares. Datum and
Datum Vekst AS are close associates of board member Harald Arnet, and controlled
by Jan Haudemann-Andersen.

In addition, Datum has entered into a share lending agreement in connection with
the Private Placement where Datum has agreed to lend a total of 2,777,777
existing and tradable shares in Techstep to Arctic Securities AS (the "Manager")
to facilitate DVP settlement in the Private Placement. The share lending will be
settled with new shares in the Company resolved issued by the board pursuant to
the authorization granted by the Company's general meeting on 29 May 2024.

During the term of the lending of said shares, Datum's shareholding in the
Company will be reduced to 3,518,638 shares (including the Offer Shares
allocated to Datum in the Private Placement), representing 11.12% of the shares
and votes in the Company currently registered in the Norwegian Register of
Business Enterprises. Jan Haudemann-Andersen's total shareholding in the
Company, through Datum and Datum Vekst (211,246 shares) during the term of the
share lending will be reduced to 3,729,884 shares (including the Offer Shares
allocated), representing 11.79% of the shares and votes in the Company currently
registered in the Norwegian Register of Business Enterprises. Consequently, Jan
Haudemann-Andersen's shareholding in the Company has fallen below the 15%
threshold pursuant to Section 4-2 (1) of the Norwegian Securities Trading Act.

Primary insider notification pursuant to the EU Market Abuse Regulation Article
19 is attached.

Karbon Invest AS has been allocated and subscribed for 383,927 shares in the
Private Placement. Following completion of the Private Placement, board member
Jens Rugseth indirectly holds in aggregate 4,929,459 shares in Techstep,
representing 15.59% of the shares and votes of the Company currently registered
in the Norwegian Register of Business Enterprises. The shares are held through
Karbon Invest AS (4,755,546 shares) and Rugz AS (173,913 shares). Consequently,
Jens Rugseth's shareholding in the Company has exceeded the 15% threshold
pursuant to Section 4-2 (1) of the Norwegian Securities Trading Act.

For further information, please contact:

Morten Meier, CEO, Techstep ASA: +47 970 57 717

Ellen Solum, CFO, Techstep ASA: +47 976 66 717

About Techstep

Techstep is a mobile & circular technology company, enabling organisations to
perform smartly, securely, and sustainably by combining mobile devices, software
and expertise to meet customers' business and ESG goals. We are a leading
provider of managed mobility services in Europe, serving more than 2,100
customers in Europe with an annual revenue of NOK 1.1 billion in 2023. The
company is listed on the Oslo Stock Exchange under the ticker TECH. To learn
more, please visit www.techstep.io.

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