Nets A/S: Reporting of transactions made by persons

Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Nets' shares and other financial instruments linked thereto

Pursuant to the Market Abuse Regulation article 19, Nets A/S, CVR no. 37427497 ("Nets"), shall hereby notify receipt of information of the following transactions made by persons discharging managerial responsibilities in Nets and persons closely associated with them in Nets' shares and other financial instruments linked thereto.

IPO Reorganisation In connection with the initial public offering of Nets, an IPO Reorganisation was carried out as further described in the offering circular published by Nets on 13 September 2016 (the "Offering Circular") and company announcement no. 5/2016 dated 23 September 2016.

As part of a series of share exchanges in connection with the IPO Reorganisation, the following persons discharging managerial responsibilities and/or persons closely associated with them have on 22 September 2016 received shares in Nets as set out below:

1 Details of the Reporting Person / Closely Associated Person a) Name NH Fintech ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Share exchange as part of the IPO Reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name eInvestments af 23. marts 2014 ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets; James Brocklebank, Member of the Board of Directors of Nets; and Robin Marshall, Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Share exchange as part of the IPO Reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

Aggregated volume: 12,670,534 Price: DKK 150 e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name Siriusungen AS 2 Reason for the notification a) Position/status Closely associated person to Inge K. Hansen, Chairman of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Share exchange as part of the IPO Reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name Monica Caneman 2 Reason for the notification a) Position/status Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Share exchange as part of the IPO reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

 N/A e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name Per-Kristian Halvorsen 2 Reason for the notification a) Position/status Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Share exchange as part of the IPO Reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name BAMBOH ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Share exchange as part of the IPO Reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

 N/A e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name KLPED ApS 2 Reason for the notification a) Position/status Closely associated person to Klaus Pedersen, CFO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Share exchange as part of the IPO Reorganisation c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

 N/A e) Date of the transaction 2016-09-22 f) Place of the transaction Outside a trading venue

Purchase, sale and lending of shares in connection with the Offering As part of the Offering, as described in the Offering Circular, the following persons discharging managerial responsibilities and/or persons closely associated with them have on 23 September 2016 purchased, sold or lent shares in Nets as set out below:

1 Details of the Reporting Person / Closely Associated Person a) Name NH Fintech ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Sale of shares as part of the Offering c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Nasdaq Copenhagen A/S

1 Details of the Reporting Person / Closely Associated Person a) Name NH Fintech ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Lending of shares as part of the Offering in connection with the overallotment option under a stock lending agreement c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name eInvestments af 23. marts 2014 ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets; James Brocklebank, Member of the Board of Directors of Nets; and Robin Marshall, Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Sale of shares as part of the Offering c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Nasdaq Copenhagen A/S

1 Details of the Reporting Person / Closely Associated Person a) Name Jeff Gravenhorst 2 Reason for the notification a) Position/status Deputy Chairman of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Temporary purchase certificates, ISIN DK0060745453 b) Nature of the transaction Purchase of shares as part of the Offering c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Nasdaq Copenhagen A/S

Post-IPO Reorganisation As part of a demerger in connection with the Post-IPO Reorganisation, which is described in the Offering Circular, it has on 23 September 2016 been decided to demerge eInvestments af 23. marts 2014 ApS. In connection with the completion of the demerger, the following persons discharging managerial responsibilities and/or persons closely associated with them has ceded or received shares in Nets as set out below:

1 Details of the Reporting Person / Closely Associated Person a) Name eInvestments af 23. marts 2014 ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets; James Brocklebank, Member of the Board of Directors of Nets; and Robin Marshall, Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Ceded shares in connection with the demerger of eInvestments af 23. marts 2014 ApS c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name Siriusungen II ApS 2 Reason for the notification a) Position/status Closely associated person to Inge K. Hansen, Chairman of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370

b) Nature of the transaction Received shares in connection with the demerger of eInvestments af 23. marts 2014 ApS c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction  Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name MCANE ApS 2 Reason for the notification a) Position/status Closely associated person to Monica Caneman, Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Received shares in connection with the demerger of eInvestments af 23. marts 2014 ApS c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name PKHAL ApS 2 Reason for the notification a) Position/status Closely associated person to Per-Kristian Halvorsen, Member of the Board of Directors of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Received shares in connection with the demerger of eInvestments af 23. marts 2014 ApS c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name BAMBOH II ApS 2 Reason for the notification a) Position/status Closely associated person to Bo Nilsson, CEO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Received shares in connection with the demerger of eInvestments af 23. marts 2014 ApS c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Outside a trading venue

1 Details of the Reporting Person / Closely Associated Person a) Name KLPED II ApS 2 Reason for the notification a) Position/status Closely associated person to Klaus Pedersen, CFO of Nets b) Initial notification/Amendment Initial notification 3 Details of the Company, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Nets A/S b) LEI code N/A 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument and identification code Shares, ISIN DK0060745370 b) Nature of the transaction Received shares in connection with the demerger of eInvestments af 23. marts 2014 ApS c) Price(s) and volume(s)

d) Aggregated information

• Aggregated volume
• Price

N/A e) Date of the transaction 2016-09-23 f) Place of the transaction Outside a trading venue

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