(Oslo, 12 February 2021) Geir Bjørlo, member of the Board of directors of Q-Free ASA, has today acquired 47,146 shares in Q-Free ASA at an average price of NOK 5.45 per share. The shares were acquired through Illuminator AS, a company controlled by Bjørlo. Following the transaction, Bjørlo controls 117,146 shares in Q-Free ASA.

This information is subject to disclosure requirements pursuant to §4-2 of the Norwegian Securities Trading Act.