WEBSTEP ASA (WSTEP.OL)

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Flaggemelding Webstep ASA 01.09.2021

Salt Value AS, nærstående til Espedal & Co AS, har i dag (01. september 2021) ervervet 181.440 aksjer i Webstep ASA (WSTEP). Salt Value AS og Espedal & Co AS eier etter kjøpet 1.413.247 aksjer tilsvarende 5,22% av antall utestående aksjer i selskapet.
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Kilde

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Disclosure in WEBSTEP ASA

Please see attachment at www.newsweb.no
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Kilde

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Beneficial Ownership Report Webstep

HOLDINGS REPORT FOR KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT. LLC

1. Name of the issuer of the relevant listed shares: Webstep ASA (the “Issuer”)
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2. Date of when the threshold was reached or passed: September 7,2021

3. Name of the entity required to make the notification, including the name of the shareholder (i.e. if voting rights are separated from the ownership of the shares): Kayne Anderson Rudnick Investment Management, LLC (“KAR”), Virtus KAR International Small-Cap Fund (the “International Fund”), Virtus KAR International Small-Mid Cap Fund (the “International SMID Fund”) a series of Virtus Opportunities Trust, Virtus Strategic Allocation Series (the “Intl SMID Series” ) a series of Virtus Variable Insurance Trust, Virtus Tactical Allocation Fund (the “Intl SMID Fund”) a series of Virtus Equity Trust, KAR has full discretion of all voting rights for shares held, although a portion of the shares reflect shares held by Virtus Investment Advisers, Inc. (“Virtus”) as investment adviser of
   the International Fund, the International SMID Fund, Intl SMID Series and the Intl SMID Fund. Virtus has delegated management (including voting rights) of the International Fund, the International SMID Fund, Intl SMID Series and the Intl SMID Fund to KAR pursuant to a delegation agreement.

4. Number of shares encompassed by the notification: 1,784,087 common shares. The number of shares has been aggregated to include shareholdings in the Issuer of KAR and the International Fund, the International SMID Fund, the Intl SMID Series and the Intl SMID Fund, as described in (3) above.

5. How many voting rights are held after the trade in question has been effected, as well the percentage of the shares and votes that are held: 1,784,087 voting rights or 6.59% of outstanding shares and outstanding voting rights. The number of voting rights has been aggregated to include shareholdings in the Issuer of KAR and the International Fund, the International SMID Fund, Intl SMID Series and the Intl SMID Fund, as described in (3) above.

6. Percentage of the shares and votes in the issuer the party making the notification holds in the form of rights to shares after the trade in question has been effected: 6.59% of outstanding shares and outstanding voting rights. The number of shares and voting rights has been aggregated to include shareholdings in the Issuer held by KAR and the International Fund, the International SMID Fund, Intl SMID Series and the Intl SMID Fund as described in (3) above.

7. Event that triggered a notification requirement, and whether or not it affected the party making the notification or a close associate: Sale of 990,000 ordinary shares, resulting in ownership below 10%. The number of shares has been aggregated to include shareholdings in the Issuer of KAR and the International Fund, the International SMID Fund, Intl SMID Series and the Intl SMID Fund as described in (3) above.

8. Various corporate entities (if any) shares or rights to shares are held through: Kayne Anderson
   Rudnick Investment Management, LLC. Please see response to (3) above.

9. If the notification is with respect to rights to shares in the form of convertible loans, subscription rights, options on the purchase of shares and equivalent rights, the notification shall describe the rights as well as inform of when the rights can or will be exercised or time of maturity. The notification must specify whether rights to shares are rights to existing shares (options) or rights to subscribe for new shares. Other relevant conditions must also be disclosed.

Dated: September 8, 2021

Kilde

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Beneficial Ownership Report Webstep

Please see attachment at www.newsweb.no
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Kilde

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Pareto tar opp dekning av tech-aksje – anbefaler kjøp

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Webstep ASA: Invitation to presentation of financial results Q3 2021

Oslo, 19 October 2021: Please note that Webstep ASA will announce its third
quarter 2021 results Thursday, 28 October 2021.

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The third quarter 2021 presentation will be available via the following webcast
link at 9:00 am CET the same day:
https://channel.royalcast.com/landingpage/hegnarmedia/20211027_6/

The interim report and presentation will be available from 7:00 am CET the same
day at:
Webstep - Investor - Reports and Presentations

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

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Webstep ASA: Third quarter results 2021

Oslo, 28 October 2021: Webstep ASA reports revenue of NOK 166.5 million and EBIT
of NOK 9.5 million for the third quarter. Up 13.9 per cent and 1.9 per cent
respectively from the same period last year.
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Webstep recorded revenues in the third quarter of NOK 166.5 million, up from NOK
146.2 million in the same quarter last year. Revenue growth was mainly driven by
an increased number of consultants.

• I am very pleased with the revenue growth in the third quarter. The market
  demand is strong and Webstep is well positioned. Our customers want more from
  us, and we are ready to deliver, says CEO of Webstep ASA, Save Asmervik.

EBIT for the third quarter amounted to NOK 9.5 million, up from 9.3 million in
the corresponding quarter in 2020. EBIT was impacted by non-recurring costs, NOK
2 million, related to write off fixed price projects and the use of external
consultants, as well as increased onboarding cost and culture building
activities.

Webstep had 470 employees at the end of the third quarter, up by 31 from the
previous quarter and up by 54 in the last twelve months.

• As our ability to handle more complex projects grows, Webstep also attracts
  more talent. This is key, as our increased capacity to deliver also generates
  new business opportunities, says Save Asmervik.

The financial position as of 30 September was strong, with total equity of NOK
373.3 million, corresponding to an equity ratio of 62 per cent. Cash and cash
equivalents 30 September were NOK 16.7 million. The Group has a credit facility
of NOK 110 million in Norway and SEK 5 million in Sweden.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services. The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

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

Kilde

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Webstep ASA: Notice of extraordinary general meeting

Oslo, 2 November 2021. An extraordinary general meeting of Webstep ASA (the
“Company”) will be held on Tuesday 23 November 2021 at 09:00 hours (CET) at
Rebel, Universitetsgata 2, 0164 Oslo Norway
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The notice and agenda for the general meeting is attached hereto and will also
be sent to the Company’s shareholders with a known address today.

Further, the notice and its appendices have been made available on the Company’s
webpage, www.webstep.com.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

This information is subject to the disclosure requirements pursuant to the
Continuing Obligations for Issuers of Shares in accordance with Oslo Rule Book
II - Issuer Rules.

Kilde

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Webstep ASA: Exercise of options

Oslo, 11 November 2021: Webstep ASA (the “Company”) has completed an exercise
window for vested options under its long-term incentive program, where in total
5.865 options have been exercised by 1 option holders.
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The exercise price for the options exercised equals the volume-weighted average
market price for the Company’s shares on the Oslo Stock Exchange the six trading
days prior to the grant date of the relevant options.

Each option exercised gives the option holder the right to receive one share in
the Company, and the Company will settle the exercised options by transferring
shares from its holding of own shares to the option holders having exercised
options. Following the transfer of 5.865 shares to the option holders, the
Company holds 53.694 own shares.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

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Webstep ASA: Minutes of extraordinary general meeting

Oslo, 23 November 2021: An extraordinary general meeting of Webstep ASA was held
today, 23 November 2021.

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The general meeting adopted the resolution proposed by the board of directors as
set forth in the notice to the extraordinary general meeting. The minutes of the
extraordinary general meeting are attached hereto

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email: ir@webstep.com

Website: www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services. The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

This information is subject to the disclosure requirements pursuant to the
Continuing Obligations for Issuers of Shares in accordance with Oslo Rule Book
II - Issuer Rules.

Kilde

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Webstep ASA: Long-Term Incentive Program - resolution to grant share options

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
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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.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Long-Term Incentive Program grant of share options to primary insiders

Oslo, 25 November 2021: Reference is made to the stock exchange announcement
published by Webstep ASA (the “Company”) earlier today, on 25 November 2021,
regarding the board of directors’ resolution to grant share options to certain
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members of the Company’s executive management and other leaders in the group
under the Company’s long-term incentive programme.

The following primary insiders of the Company have today, on 25 November 2021,
been granted share options with an exercise price of NOK 36.6.

Arnt Roger Aasen, Director Internal Communications and Marketing, has been
granted 25,000 options.

Carl Olof Jakob Cardell, VD Sweden, has been granted 50,000 options.

Dagfinn Haslebrekk, Regional Manager Trondheim, has been granted 50,000 options.

Geir Jåthun Hindenes, Regional Manager Stavanger, has been granted 50,000
options.

Joar Krohn, Regional Manager Bergen, has been granted 50,000 options.

Liv Annike Kverneland, CFO, has been granted 50,000 options.

Otto Backer Solberg, Communication Director, has been granted 25,000 options.

Save Asmervik, CEO, has been granted 100,000 options.

Terje Orvedal, Regional Manager Oslo, has been granted 50,000 options.

Reference is made to the attached notifications of trading for further details.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website: www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services. The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Share purchase programme for employees

Oslo, 6 December 2021: The board of directors of Webstep ASA (the “Company”) has
resolved to implement a share purchase programme for employees in the Company
and its subsidiary Webstep AS (the “Share Purchase Programme”), on the basis of
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the authorisation granted to the board of directors by the extraordinary general
meeting of the Company on 23 November 2021.

The participants in the Share Purchase Programme will be offered to acquire new
shares in the Company for an amount of between NOK 5,000 and NOK 30,000 each
(the “Offer”). The shares will be offered at a price equal to the volume
weighted average share price for the Company’s shares on the Oslo Stock Exchange
during the application period for the Offer, commencing at 09:00 hours (CET)
today, on 6 December 2021, and ending at 16:30 hours (CET) on 14 December 2021,
with a discount of 25% on the aggregate purchase price.

Shares acquired in the Offer will be settled in the form of new shares in the
Company to be issued pursuant to the authorisation granted to the board of
directors by the extraordinary general meeting held on 23 November 2021.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Result of offer under share purchase programme and share capital increase

Oslo, 14 December 2021: Reference is made to the stock exchange announcement
published by Webstep ASA (the “Company”) on 6 December 2021, regarding the offer
of shares to employees in the Company and its subsidiary Webstep AS under a
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share purchase programme (the “Offer”). The deadline for acceptance of the Offer
expired today, on 14 December 2021, at 16:30 hours (CET).

The offer price for the shares in the Offer has been set to NOK 26.63 (the
“Offer Price”). The Offer Price equals the volume weighted average share price
for the Company’s shares on the Oslo Stock Exchange during the application
period for the Offer from 09:00 hours (CET) on 6 December 2021 to 16:30 hours
(CET) on 14 December 2021, with a discount of 25%.

Based on the applications received, the board of directors of the Company has
allocated a total of 232,103 shares to the participants in the Offer.

Furthermore, the board of directors has, on the basis of an authorisation
granted to it by the extraordinary general meeting held on 23 November 2021,
resolved to increase the share capital of the Company with NOK 232,103, by
issuance of 232,103 new shares, each with a nominal value of NOK 1.00, at a
subscription price equal to the Offer Price.

Following registration of the share capital increase pertaining to the Offer
with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret),
the new share capital of the Company will be NOK 27,322,208, divided into
27,322,208 shares, each with a nominal value of NOK 1.00.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA - Mandatory notification of subscription of shares by primary insiders in share purchase programme

Oslo, 14 December 2021: Reference is made to Webstep ASA’s (the “Company”) stock
exchange announcement earlier today, on 14 December 2021, regarding the result
of the offer of new shares to employees in the Company and its subsidiary
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Webstep AS under a share purchase programme (the “Share Purchase Program”) and
the board of directors’ resolution to increase the share capital of the Company.

The following primary insiders of the Company have today, on 14 December 2021,
applied for, been allocated and subscribed for new shares in the Company at the
offer price of NOK 26.63 per share in the Share Purchase Program.

· Anders Bjørnestad, Senior Consultant, has subscribed for 845 new shares in
the Company for a total subscription amount of NOK 22,502.
· Arne Solheim, Advisor, has subscribed for 845 new shares in the Company for
a total subscription amount of NOK 22,502.
· Arnt Roger Aasen, Director Internal Communication and Marketing, has
subscribed for 845 new shares in the Company for a total subscription amount of
NOK 22,502.
· Dagfinn Haslebrekk, Regional Manager, has subscribed for 845 new shares in
the Company for a total subscription amount of NOK 22,502.
· Geir Jåthun Hindesnes, Regional Manager, has subscribed for 845 new shares
in the Company for a total subscription amount of NOK 22,502.
· Joar Krohn, Regional Manager, has subscribed for 845 new shares in the
Company for a total subscription amount of NOK 22,502.
· Liv Annike Kverneland, CFO, has subscribed for 845 new shares in the Company
for a total subscription amount of NOK 22,502.
· Nadine Ramsberg, Designer, has subscribed for 845 new shares in the Company
for a total subscription amount of NOK 22,502.
· Otto Backer Solberg, Communication Director, has subscribed for 845 new
shares in the Company for a total subscription amount of NOK 22,502.
· Rolf Helle, Director Business Development, has subscribed for 845 new shares
in the Company for a total subscription amount of NOK 22,502.
· Save Asmervik, CEO, has subscribed for 845 new shares in the Company for a
total subscription amount of NOK 22,502.

Please refer to the attached notifications of trading for further details.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO
Cell: +47 928 03 031
Email: ir@webstep.com

Website: www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services. The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Registration of new share capital in connection with share purchase programme

Oslo, 21 December 2021: Reference is made to the stock exchange announcement
published by Webstep ASA (the “Company”) on 14 December 2021, regarding the
result of the offer of shares under a share purchase programme and the board of
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directors’ resolution to increase the share capital of the Company.

The share capital increase pertaining to the new shares issued in the offer has
now been registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret).

The new share capital of the Company is NOK 27,322,208 divided into 27,322,208
shares, each with a nominal value of NOK 1.00.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Financial Calendar

FINANCIAL YEAR 2021

17.02.2022 - Quarterly Report - Q4
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06.04.2022 - Annual Report

FINANCIAL YEAR 2022

24.08.2022 - Half-yearly Report

28.04.2022 - Annual General Meeting

19.05.2022 - Quarterly Report - Q1

10.11.2022 - Quarterly Report - Q3

21.02.2023 - Quarterly Report - Q4

This information is published pursuant to the requirements set out in the
Continuing obligations.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 450
employees in Norway and Sweden. The company offers its services to more than 200
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Invitation to presentation of financial reports Q4 2021

Oslo, 11 February 2022: Please note that Webstep ASA will announce its fourth
quarter 2021 results Thursday, 17 February 2022.

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The fourth quarter 2021 presentation will be available via the following webcast
link at 9:00 am CET the same day:

https://channel.royalcast.com/landingpage/hegnarmedia/20220216_1/

The interim report and presentation will be available from 7:00 am CET the same
day at:

Webstep - Investor - Reports and Presentations

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 470
employees in Norway and Sweden. The company offers its services to more than 250
customers annually and has been recognised for its work environment.

Kilde

[TekBot]

Webstep ASA: Proposed dividend of NOK 1.70 per share

Oslo, 16 February 2022: The board of directors of Webstep ASA (the “Company”)
has today proposed that the Company distributes an ordinary dividend of NOK 1.70
per share for the financial year 2021. The board of directors’ proposal is made
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on the basis of the consolidated net profit for the full year as set out in the
interim report for the fourth quarter of 2021. The interim report for the fourth
quarter and full year 2021 will be released 17 February 2022, 07:00 CET.

The proposed dividend distribution will be on the agenda for the Company’s
annual general meeting to be held on 28 April 2022. If resolved, the dividend
will be distributed to the shareholders of the Company as of the date of the
annual general meeting (as registered in the VPS on 2 May 2022) and will be paid
to said shareholders on 9 May 2022. The shares in the Company will be traded
exclusive of the right to receive the dividend from and including 29 April 2022.
Webstep’s Annual Report for 2021 will be released 6 April 2022. The notice and
agenda for the annual general meeting will be published and sent to the
Company’s shareholders on 7 April 2022.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 470
employees in Norway and Sweden. The company offers its services to more than 250
customers annually and has been recognised for its work environment.

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

Kilde

[TekBot]

Webstep ASA: Fourth quarter and full year results 2021

Oslo, 17 February 2022: Webstep ASA reports revenue of NOK 218.8 million and
EBIT of NOK 18.4 million for the fourth quarter, up 16.1 per cent and 68.9 per
cent from the same period last year. Strong financial position and positive
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outlook support dividend proposal of NOK 1.70 per share.

Webstep recorded revenues in the fourth quarter of NOK 218.8 million, up 16.1
per cent from the same quarter last year. For the full year revenues increased
by 12.3 per cent and ended at NOK 775.0 million in 2021. The revenue growth was
mainly driven by an increased number of consultants, in addition to higher
utilization and hourly rates.

EBIT for the fourth quarter amounted to NOK 18.4 million, up from NOK 10.9
million in the corresponding quarter 2020. EBIT for the full year amounted to
NOK 65.9 million, up from NOK 50.0 million in 2020. The EBIT margin was 8.4 per
cent (5.8 per cent) for the fourth quarter, and 8.5 per cent (7.2 per cent) for
the full year. Net profit for the fourth quarter was NOK 13.3 million (NOK 7.8
million), and NOK 48.5 million (NOK 36.7million) for the full year.

Webstep had 478 employees at the end of 2021, an increase of 63 employees over
the last twelve months.

• We are seeing growing revenues and improved profit, as well as better capacity
  than ever before. I am very pleased with our achievements, and proud that we
  grew by 63 employees last year, says CEO of Webstep ASA, Save Asmervik.

The financial position 31 December was strong, with total equity of NOK 393.7
million (NOK 380.2 million), corresponding to an equity ratio of 60.7 per cent
(64.3 per cent). Cash and cash equivalents 31 December were NOK 46.7 million
(NOK 39.7 million). The Group had a net cash flow of NOK 30.0 million (NOK
-13.6 million) in the fourth quarter and NOK 7.0 million (NOK 14.3 million) for
the full year.

The dividend policy remains unchanged, and the board of directors intend to
propose a dividend of NOK 1.70 per share, representing 96 per cent of the annual
net profit of the Group for 2021.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website : www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.The Webstep Group employs approximately 470
employees in Norway and Sweden. The company offers its services to more than 250
customers annually and has been recognised for its work environment.

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

Kilde