8.6.2022 08:00:01 CEST | Ørn Software Holding AS | Additional regulated
information required to be disclosed under the laws of a member state

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA,
CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL.

With reference to the joint announcement made on 30 May 2022, EG Norge AS ("EG"
or the "Offeror") has today issued the offer document for the voluntary cash
offer to acquire all outstanding shares of Ørn Software Holding AS ("Ørn
Software" or the "Company") at a price of NOK 6.25 per share (the "Offer"). The
Board of Directors of Ørn Software has unanimously decided to recommend the
shareholders of the Company to accept the Offer.

Subject to regulatory restrictions in certain jurisdictions, the Offer Document
will be sent to the Company's shareholders as registered in the VPS as of the
date of the Offer Document.

The Offer document will also be available at www.danskebank.no/orn -
http://www.danskebank.no/orn.

Offer period: From and including 8 June 2022 to 16:30 hours (CEST) on 22 June
2022 (subject to extension).

Offer Price: NOK 6.25

Danske Bank, Norwegian Branch, is acting as financial adviser and receiving
agent to EG and the Offeror. Arntzen de Besche Advokatfirma AS is acting as the
Norwegian legal adviser to EG and the Offeror in connection with the Offer.

ABG Sundal Collier ASA and Pareto Securities AS are acting as financial advisers
and Advokatfirmaet Thommessen AS is acting as Norwegian legal adviser to Ørn
Software.

DISCLOSURE REGULATION

?This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements according
to section 5-12 of the Norwegian Securities Trading Act.

The Offer and the distribution of this announcement and other information in
connection with the Offer may be restricted by law in certain jurisdictions. The
Offeror and Ørn Software assume no responsibility in the event there is a
violation by any person of such restrictions. Persons into whose possession this
announcement or such other information should come are required to inform
themselves about and to observe any such restrictions.

CONTACTS

 * Joar Welde, Chairman of the Board of Directors of Ørn Software, +47 982 06
   930, joar.welde@vikingventure.com 
 * Mikkel Bardram, CEO of EG, +45 2922 6548, mibar@eg.dk 

ABOUT ØRN SOFTWARE HOLDING AS

About Ørn Software: 
Ørn Software is a Nordic provider of SaaS solutions enabling efficient
operations and maintenance across a wide range of asset-heavy industries,
including real estate, manufacturing, food & beverages, and aquaculture.

The Company's software provides customers with improved insight through
data-driven operations and contributes to increased efficiency and reduced costs
through digitalization of facility management and rental processes, data-driven
maintenance, scheduling of resources and energy optimization. All the above
contribute to the lengthening of property and equipment lifespan, a key
component of Ørn Software's value proposition. Furthermore, the Company's
offering enables customers to reduce their environmental footprint and provides
digital tools to meet reporting and regulatory requirements.

About EG:
EG is a market leading vendor of Nordic vertical software for private and public
customers. EG's Software-as-a-Service offerings are developed by specialists
with deep industry and domain knowledge, supporting business-critical and
administrative processes. EG employs 1,700+ people, primarily in the Nordics,
and in 2021, had revenues of DKK 1.8 billion.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847696/1519/2079/Download%20announcement
%20as%20PDF.pdf