Lumi Gruppen - Primary insider notification forms

The following primary insiders were allocated Offer Shares in the Private Placement completed on 7 March 2023. Visento AS (close associate of primary insider and Chair Helge Midttun) was allocated 80 000 Offer Shares and will upon issuance of these shares own 533 270 shares in the Company. CEO Erik Brandt was allocated 9 524 Offer Shares and will upon issuance of these shares own 979 502 shares in the Company. CFO Martin Prytz was allocated 6 667 Offer Shares and will upon issuance of these shares own 21 311 shares in the Company. Man. Dir. in Sonans Marit Aamold Trysnes was allocated 1 905 Offer Shares and will upon issuance of these shares own 175 295 shares in the Company. HR Director Line Lunde was allocated 2 381 Offer Shares and will upon issuance of these shares own 155 246 shares in the Company. The required primary insider notification forms are attached to this message. About Lumi: Lumi Gruppen is a leading Norwegian education provider founded in 1989. Today, Lumi Gruppen consists of two main divisions: Sonans and Oslo Nye Høyskole. Sonans is the market leader in Norway within private candidate exam preparation courses, and Oslo Nye Høyskole offers high quality bachelor’s degrees within health, social sciences, psychology and business and administration, both on campus and online. This information is subject to disclosure under the Norwegian Securities Act section §5-12.