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Regulatory press release

Ayfie Group AS - New share capital registered

Ayfie International
Oslo, 3 March 2023: Reference is made to the resolution made by the
extraordinary general meeting of Ayfie Group AS (the "Company") (Euronext
Growth: AYFIE) on 27 February 2023 to increase the share capital by 0.25 by
issuance of one (1) new share, with a par value of NOK 0.25.
The share capital increased has today been registered with the Norwegian
Register of Business Enterprises.
Following such registration, the share capital of the Company is NOK 27,726,694
divided into 110,906,776 shares, each with a par value of NOK 0.25.
The share capital increase shall facilitate the consolidation of the Company's
shares (reverse share split) by way of eight (8) existing shares, each of par
value NOK 0.25, being consolidated to one (1) share with par value NOK 2.

For further information, please contact:
CFO Lasse Ruud
Mobile: +47 930 90 008
Email: Lasse.Ruud@ayfie.com
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