NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA,
CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL.

Oslo, 1 November 2022

Reference is made to the announcement dated 28 September 2022 by Visma Holding
Norge AS (the "Offeror" and together with the Visma group, "Visma") of the issue
of the offer document (the "Offer Document") and the start of the offer period
(the "Offer Period") for the recommended voluntary cash offer (the "Offer") to
acquire all outstanding shares (the "Shares") in House of Control Group AS (the
"Company") at an offer price of NOK 11.20 per Share. Reference is further made
to the announcement dated 31 October 2022 regarding the last day of the Offer
Period.

The Offer Period expired at 16.30 hours CET on 31 October 2022. As of the expiry
of the Offer Period and subject to final verification of acceptances, the
Offeror had received acceptances under the Offer for 55,858,296 Shares,
equivalent to approximately 97.83% of the share capital and votes in the
Company. Consequently, the closing condition for the Offer relating to minimum
acceptances, as set out under item 1.6 (i) of the Offer Document, is thereby
fulfilled.

As of the date of this announcement, the Offeror's is awaiting regulatory
approval, as set out under item 1.6 (iii) of the Offer Document. A separate
announcement will be made once the regulatory approval condition is concluded.

The Offer further remains subject to the following closing conditions being
fulfilled until settlement of the Offer:
- that the Company's board of directors has not amended, modified or withdrawn
its recommendation of the Offer;
- that the Company has conducted its business in the ordinary course;
- that no material adverse change and no material breach of the transaction
agreement by the Company have occurred; and
- That no relevant legal action in relation to the Offer has been made or
treated to be made, which is not acceptable to the Offeror.

For more information, please refer to the Offer Document dated 28 September 2022
prepared by the Offeror in connection with the Offer. The Offer Document is
available at www.danskebank.no/HOC.

Danske Bank Norwegian Branch is acting as financial advisor and receiving agent
and Advokatfirmaet Wiersholm AS is acting as legal advisor to Visma.

About Visma:
Visma is a leading provider of mission-critical business software for a more
efficient and resilient society. By simplifying and automating the work of
companies and organisations of all sizes, Visma aims to improve people's
everyday lives. Visma currently has 15,000 employees, over 1.3 million customers
across the Nordics, Benelux, Central and Eastern Europe and Latin America,
generating revenues of EUR 2.1 billion in 2021.

Important notice:
The Offer and the distribution of this announcement and other information in
connection with the Offer may be restricted by law in certain jurisdictions. The
Offer Document and related acceptance forms will not and may not be distributed,
forwarded or transmitted into or within any jurisdiction where prohibited by
applicable law, including, without limitation, Canada, Australia and Japan. The
Offeror and the Company assume no responsibility in the event there is a
violation by any person of such restrictions. Persons into whose possession this
announcement or such other information should come are required to inform
themselves about and to observe any such restrictions.

This announcement is not a tender offer document and, as such, does not
constitute an offer or the solicitation of an offer to acquire the Shares.
Investors may accept the Offer only on the basis of the information provided in
the Offer Document. Offers will not be made directly or indirectly in any
jurisdiction where either an offer or participation therein is prohibited by
applicable law or where any tender offer document or registration or other
requirements would apply in addition to those undertaken in Norway.

Notice to U.S. Holders 
U.S. Holders (as defined below) are advised that the Shares are not listed on a
U.S. securities exchange and that the Company is not subject to the periodic
reporting requirements of the U.S. Securities Exchange Act of 1934, as amended
(the "U.S. Exchange Act"), and is not required to, and does not, file any
reports with the U.S. Securities and Exchange Commission (the "SEC") thereunder.
The Offer will be made to holders of Shares resident in the United States ("U.S.
Holders") on the same terms and conditions as those made to all other holders of
Shares in the Company to whom an offer is made. Any information documents,
including the Offer Document, will be disseminated to U.S. Holders on a basis
comparable to the method that such documents are provided to the Company's other
shareholders to whom an offer is made. The Offer will be made by the Offeror and
no one else. The Offer is made to U.S. Holders pursuant to Section 14(e) and
Regulation 14E under the U.S. Exchange Act as a "Tier II" tender offer, and
otherwise in accordance with the requirements of Norwegian law. Accordingly, the
Offer is subject to disclosure and other procedural requirements, including with
respect to the offer timetable, settlement procedures and timing of payments,
that are different from those that would be applicable under U.S. domestic
tender offer procedures and law. 

Pursuant to an exemption from Rule 14e-5 under the U.S. Exchange Act, the
Offeror and its affiliates or brokers (acting as agents for the Offeror or its
affiliates, as applicable) may from time to time, and other than pursuant to the
Offer, directly or indirectly, purchase or arrange to purchase, Shares or any
securities that are convertible into, exchangeable for or exercisable for such
Shares outside the United States during the period in which the Offer remains
open for acceptance, so long as those acquisitions or arrangements comply with
applicable Norwegian law and practice and the provisions of such exemption. To
the extent information about such purchases or arrangements to purchase is made
public in Norway, such information will be disclosed by means of an English
language press release via an electronically operated information distribution
system though means reasonably calculated to inform U.S. Holders of such
information. In addition, the financial advisor to the Offeror may also engage
in ordinary course trading activities in securities of the Company, which may
include purchases or arrangements to purchase such securities. 

Neither the SEC nor any securities supervisory authority of any state or other
jurisdiction in the United States has approved or disapproved the Offer or
reviewed it for its fairness, nor have the contents of the Offer Document or any
other documentation relating to the Offer been reviewed for accuracy,
completeness or fairness by the SEC or any securities supervisory authority in
the United States. Any representation to the contrary may constitute a criminal
offence in the United States.

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