22.6.2022 16:24:14 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.

Reference is made to the joint announcement made on 30 May 2022, regarding the
voluntary cash offer by EG Norge AS ("EG" or the "Offeror") 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 initial acceptance period for the Offer will expire at 16:30 hours (CEST)
today, 22 June 2022. The Offeror hereby announces an extension of the offer
period of the Offer until 16:30 hours (CEST), 29 June 2022.

As of today, the Offeror has received acceptances representing 78.8% of the
issued and outstanding share capital and voting rights of the Company.

As a consequence of the extension, the settlement of the Offer may be postponed
correspondingly. The Offeror maintains its right to further extend the Offer
Period (one or several times) on the terms and conditions set out in the Offer
Document, but not beyond 17 August 2022.

For more information, please refer to the Offer Document dated 8 June 2022,
prepared by the Offeror in connection with the Offer. The Offer Document is
available, subject to regulatory restrictions in certain jurisdictions, at the
website of Danske Bank (www.danskebank.no/orn) - http://www.danskebank.no/orn).

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

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/17847696/1564/2135/Download%20announcement
%20as%20PDF.pdf