Zalaris ASA has agreed to acquire ba.se. service & consulting GmbH ("ba.se"), a
leading provider of payroll and related HR services to the retail industry in
Germany.

ba.se had revenue of EUR 6.1 million for the year ended 30 September 2020. The
transaction will be financed from available cash, and is expected to be
accreditive already in 2021. The purchase price consists of an up-front payment
and a performance-based element. The transaction will close in Q2 2021, but will
have key milestones for performance during the period 2021 to 2023.

The deal joins two leading providers of payroll and HR services in Germany and
significantly enhances Zalaris presence and capability to serve the people
intensive retail sector.

ba.se serves approximately 30'000 employees of numerous large German, Austrian,
Swiss and French customers with a team of around 80 people located in Hagen near
Düsseldorf, Germany.

"The combination of Zalaris and ba.se represents a good match as we both have
built our delivery capability on SAPs leading payroll and HR solutions.  The
addition of the ba.se team with their long experience in the demanding retail
sector will increase our ability to serve this interesting customer segment and
with immediate effect - increase our critical mass within payroll and HR BPO in
Germany", says CEO and founder Hans-Petter Mellerud of Zalaris.

"I am truly impressed with the Zalaris' technical competence and modern digital
solutions and believe this will strengthen our ability to deliver efficient
digitised services to our existing customers and increase our capability of
winning new deals" says Managing Director of ba.se,  Walter Backhaus.

"We look forward to strengthening our team with ba.se.  In addition to
increasing our critical volume and presence in the retail industry, ba.se. will
give us a new strategic location close to many of our existing and potential new
customers in the Düsseldorf area.  In total - this will make us more than 280
people strong in Germany and one of the leading players in payroll and HR
outsourcing as well as related consulting services" says Executive Vice
President DACH, Harald Goetsch.

Financial terms of the transaction are not disclosed.
Contact:

Hans-Petter Mellerud, CEO and founder
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com

Gunnar Manum, CFO
Mobile: +47?951 79 190
E-mail: gunnar.manum@zalaris.com

Harald Goetsch, EVP DACH
Mobile: +49 151 16128811
E-mail: harald.goetsch@zalaris.com

Walter Backhaus, Managing Director, ba.se service & consulting GmbH
Mobile: +49 175 22 46193
E-Mail: w.backhaus@base-service-hagen.de


About Zalaris

Zalaris simplify HR and payroll administration, and empower you with useful
information so that you can invest more in people. We are a leading service
provider of Human Capital Management (HCM) solutions across Europe, serving more
than 1.5 million employees monthly with an annual revenue of 78 million Euros
(2020). We hold #1 or #2 positions in most of our markets. Our consultants have
more than 21 years of experience in transforming HR with our clients. Simplify
work life. Achieve more. For more information about us, go to zalaris.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

About ba.se service & consulting GmbH

As a sustainable service company, ba.se has specialized in the areas of payroll,
accounting, document management and real estate management and can look back on
decades of experience in this field. ba.se integrates the input and output
management of companies. Through digitization and data extraction, it is thus
possible to seamlessly integrate all important business processes. Thanks to
SAP, IKS and various add-ons, the company's figures speak for themselves - for
the optimum overview.

For more information, go to www.base-service-hagen.de