Ultimovacs ASA: Mandatory notification of trade by primary insider

Oslo, 12 January 2021, Carlos de Sousa, Chief Executive Officer and primary
insider in Ultimovacs ASA, has today bought 1,000 shares in the company at a
price of NOK 80.00 per share. Following this transaction, Carlos de Sousa and
closely related parties hold 9,406 shares and 362,185 share options in
Ultimovacs ASA.

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

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