Reference is made to Univid ASA's ("Company") announcement on 29 October 2023
regarding Oslo Stock Exchange's decision to delist the Company's shares
effective from 12 December 2023 ("Decision") and the Company's intention to
appeal the Decision to the Oslo Stock Exchange Appeals Committee, as well as the
announcement on 7th November 2023 regards the entering into of an agreement to
acquire SEEYOU ltd., the "Share Exchange Agreement".

The Company has today submitted its complaint to the Oslo Stock Exchange within
the applicable deadline.  

The Company is of the clear view that it is suitable for continued listing due
to the Share Exchange Agreement with a majority of the shareholders of SEEYOU
Ltd. The combined company will establish an entirely new management and board
composition and is expected to have a market value well above NOK 500 million.
The combined company will have a diverse shareholder structure and a significant
number of prominent investors. 

The combined company will operate in the development of generative AI models, a
sector currently of great interest in the investor market and should therefore
be suitable for continued listing on Oslo Stock Exchange.

As expressed in the Company's announcement on 29 October 2023, the Company's
view is that the Decision suffers from material errors, and that the Decision
should be reversed or overturned. The Decision was made without appropriate
notification or consultation with the Company and had as a consequence that the
Company's ongoing negotiations for a potential business combination were
terminated. 

Despite this, the Company nevertheless succeeded in establishing an attractive
alternative for its stakeholders, by entering into the Share Exchange Agreement.


The Company's view is that the Decision is void, and the basis for such view is
inter alia:

- The Decision is not based on full, updated and correct factual matters,
including the fact that the Company has entered into the Share Exchange
Agreement related to SEEYOU Ltd