CRAYON - DISCLOSURE OF SHAREHOLDING

Norvestor Holding I AS (under liquidation) ("Norvestor"), a company controlled by fund advised by Norvestor Equity AS, refers to its major shareholding notification published on 22 August 2018 and confirms that the transfer of the shares as described therein is completed, following which Norvestor will hold no shares in Crayon Group Holding ASA.

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