ArcticZymes Technologies ASA: Registration of share capital following exercise of options

Tromsø, Norway, 20[th] December 2021 - Reference is made to the stock exchange
announcement by ArcticZymes Technologies ASA (OSE:AZT) on 10[th] December 2021,
regarding the board of directors' resolution to increase the share capital of
the Company in connection with the exercise of employee options.

The share capital increase has today been registered with the Norwegian Register
of Business Enterprises (Foretaksregisteret). The Company's new share capital is
NOK 50,371,390 divided into 50,371,390 shares, each with a par value of NOK
1.00.

For more information, please contact:

Børge Sørvoll
CFO
+47 95290187
ir@arcticzymes.com