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Regulatory press release

ArcticZymes Technologies ASA: Primary insider selling shares in connection with option program

ArcticZymes Technologies
Tromsø, Norway, 13 June 2023 - With reference to stock exchange announcement
regarding option exercise published today, 13[th] June 2023, at 11.40 CET where
CFO, Børge Sørvoll exercised 200,000 options at a strike price of NOK 8,00 per
share, CFO Børge Sørvoll has sold 130.000 shares at NOK 40.00 per share to cover
the tax obligation and the strike price following the exercise.

Following the transaction and registration of the shares, CFO Børge Sørvoll has
95.428 shares and 180.000 options in ArcticZymes Technoloiges ASA

The information included in this announcement is such that the Company is
required to disclose in accordance with the EU Market Abuse Regulation (MAR)
section and 19 and section 5-12 of the Norwegian Securities Trading Act.

The announcement is made by CFO Børge Sørvoll, 13 June 2023, at 1950 CET.

For more information, please contact:

ArcticZymes Technologies
CFO, Børge Sørvoll Tel: +47 95 29 01 87
ir@arcticzymes.com
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