Mandatory notification of trade primary insiders. Company announcement No. 50

On the 30th of December 2021 PDMR Peter Lauring, acquired 101,604 shares in ECIT AS at a price NOK 7.945 per share. After the transaction Peter Lauring’s total number of shares including the shares owned by his closely associated persons is 42,447,672 shares.

On the 30th of December 2021 Elias Jensen, a person closely associated to PDMR Klaus Jensen, acquired 12,500 shares in ECIT AS at a price NOK 7.699 per share. After the transaction Klaus Jensen’s total number of shares including the shares owned by his closely associated persons is 14,915,253 shares.

About ECIT

ECIT was founded in 2013 and supports a large customer base with Accounting, Payroll and a broad range of IT services and solutions. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of being a larger international group. ECIT has a proforma revenue (2021) of 2.55 billion NOK and +2,200 employees across 10 countries. M&A has been a driver of the Company's growth and ECIT has completed more than 125 acquisitions since 2013.

Read more at: www.ecit.com