Oslo, 25 November 2021. The Board of Directors in Webstep ASA (the "Company") has today, on 25 November 2021, resolved to grant 650,000 share options to 17 members of the Company's executive management and other leaders in the group under the Company's long-term incentive programme, which was approved by the annual general meeting on 8 May 2019 .

The strike price of the options is NOK 36,6 - which is equal to the volume weighted average price for the Company's shares on the Oslo Stock Exchange in the six trading days' period prior to, but not including, the grant date.

Following the grant, the total number of outstanding share options in the Company is 1,707,666 -  which constitutes 6.3% of the Company's share capital.

Please refer to the guidelines for determination of salary and other remuneration to executive personnel approved by the annual general meeting on 8 May 2019 for further details about the share option scheme.