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Oslo, Norway - 21 January 2021.

Reference is made to the stock exchange notice published on 20 January 2021
regarding a potential block sale of existing shares in Mercell Holding AS (the
"Company") by Viking Venture 16 AS, Viking Venture 16B AS, Viking Venture 16C AS
and Viking Venture 16D AS which are holding companies managed by Viking Venture
AS (the "Seller").

The Seller has successfully sold 30,000,000 shares in the Company, representing
approximately 7.3% of the Company's outstanding shares, at NOK 10.60 per share
(the "Offering"). 

Following the Offering, the Seller holds 53,067,864 shares in the Company
representing approximately 12.8% of the Company's outstanding shares. The Seller
has entered into a 90-day customary lock-up with the Manager on the remaining
shares in the Company held by the Seller after the Offering.

The Seller is represented on the Company's board of directors, by Joar Welde and
Erik Hagen.

Pareto Securities AS acted as manager in the Offering.

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© Oslo Bors ASA, source Oslo Stock Exchange