Acquisition | KAHOOT! ASA | 20th December 2023

On July 14, 2023 KAHOOT! ASA today announced an agreement for a recommended voluntary all cash offer from the Private Equity business within Goldman Sachs Asset Management through Kangaroo BidCo AS to acquire all issued and outstanding shares in KAHOOT! ASA at NOK 35 per Share. The offer period commenced on July 28, 2023 and expired on October 6, 2023 with acceptances reaching 81.08 percent of the KAHOOT! ASA share capital. On October 11, 2023 the regulatory approvals condition to the Offer were satisfied. On November 15, 2023 the offeror started the offer period of the Mandatory Offer and expired on December 14, 2023 with acceptances reaching 85.92 percent of the KAHOOT! ASA share capital. The offer period was further extended until December 28, 2023. The offeror intends to make a mandatory offer if more than 90 percent of the Shares and voting rights in KAHOOT! ASA are tendered. As the free float of KAHOOT! ASA has dropped below 15 percent. Solactive AG will remove KAHOOT! ASA from the indices on December 20, 2023.

The treatment below will be applied to the following indices:

• KAHOOT! ASA will be removed from the Index.
• The weight of KAHOOT! ASA (KAHOT.OL) based on its last close price will be distributed pro rata to remaining Index constituents.
• Effective Date (open): 20/12/2023

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