DLT ASA: Mandatory Notification of Trade

Reference is made to the stock exchange notice by DLT ASA (the “Company”) dated 27 April 2021 regarding the completion of the subsequent offering in the Company (the "Subsequent offering"). Thomas Christensen, CEO of the Company and primary insider, has on 27 April 2021 been allocated 99,334 shares in the Company in the Subsequent Offering at a price of NOK 5.04 ("Subscription Price"). Following the Subsequent Offering, Christensen will personally and through his wholly owned company, Easy2Connect AS, have a total holding of 4,459,334 shares, as well as 500,000 warrants and 1,100,000 share options, each share option and warrant giving the right to acquire one share in the Company. Thomas Christensen will however transfer 40,000 of the shares received in the Subsequent Offering to Karen Heidel AS, a company controlled by Karen Heidel, who is a close associate of Thomas Christensen, in addition to this, he will transfer 10,000 of the shares received in the Subsequent Offering to Karen Heidel personally. The transfer price equals the Subscription Price. Thomas Christensen will further transfer a total of 36,000 of the shares received in the Subsequent Offering to his two grown children at the Subscription Price. Following such transfers, Thomas Christensen will have a holding of 13,334 shares from the Subsequent Offering, and personally and through his wholly owned company, Easy2Connect AS, have a total holding of 4,373,334 shares, as well as 500,000 warrants and 1,100,000 share options. Karen Heidel AS will following the transfer of shares from Thomas Christensen have a holding of 40,000 shares in the Company, and Karen Heidel personally will have a holding of 10,000 shares. For further information, please contact: Thomas Christensen, CEO +47 9225 5444 This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5 -12.