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On 29 September 2020 at 9.15 CET, an extraordinary general meeting of ayfie Group AS, business reg. no. 917 913 773 (the "Company"), was held at the Company's offices in Karenslyst allé 10, 0278 Oslo.

• H1 2020 revenue of MNOK 19.9, hereof 83% recurring revenue
• H1 2020 net loss of MNOK 33. Product development costs of MNOK 13.4 recognized as operational expenses. There were no capitalization of R&D costs
• Monthly cost base cut by MNOK 4.6 (44%) during H1 2020, from MNOK 10.5 in January 2020 to MNOK 5.9 in June 2020
• MNOK 102.8 debt-to-equity conversion June-August 2020
• MNOK 50 private placement 30 June 2020
• Admittance to trading on Oslo Stock Exchange’s Merkur Market 7 July 2020
• Acquisition of Haive AS 11 September 2020

An extraordinary general meeting in ayfie Group AS will be held on 29 September 2020 at 9:15 CET at the company’s office in Karenslyst Allé 10, 0278 Oslo. The notice with agenda is attached to this stock exchange notice and will be sent to the company's shareholders, including registration and proxy form.

2019 was overall a challenging year for ayfie Group. There were positive developments in the Scandinavian business through sales of the new Locator of Knowledge Management product to leading Norwegian law firms. Whereas the US business was halted by integration issues with the Inspector product and a partner dispute related to the Document Analyzer product, delaying the planned 2019 launch of both products.