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Norwegian asset manager selects Huddlestock Investor Services

2.10.2023 09:45:00 CEST | Huddlestock Fintech AS | Non-regulatory press releases

Norwegian asset manager selects Huddlestock Investor Services for nominee depot,
management of shareholder registers as well as customer- and tax reporting

Huddlestock Fintech AS (OSE: HUDL), today announced that a Norwegian asset
manager, who wants to remain anonymous, has selected Huddlestock Investor
Services for storage of financial instruments in a nominee depot, order
management, management of shareholder registers as well as customer- and tax
reporting.

"We are delighted that this Norwegian Asset manager has chosen to work with us.
The customer is a modern and forward-thinking player and an ideal customer for
our Investment-as-a-Service offering. The agreement shows the value of our
product and services in a constantly changing Wealth and Asset Management
market, driven by new technological opportunities", says John E. Skajem, CEO
Huddlestock Fintech AS.

The deal is strategically important for Huddlestock since it confirms the
market's interest for our Investment-as-a-Service concept. Expected revenues for
Huddlestock will be a combination of licence fees and bps on Assets under
Management (AuM). Implementation will start immediately.

This information is subject to the disclosure requirements according to Section
5-12 of the Norwegian Securities Trading Act.

To see all press and investor releases please have a look in the investor
relations section of our corporate website
www.huddlestock.com/investor-relations -
http://www.huddlestock.com/investor-relations