BW EPIC KOSAN - GRANT OF NEW SHARE OPTIONS TO PRIMARY INSIDERS

01 Mar 2023 11:09 CET

The Board of Directors of BW Epic Kosan Ltd. (ticker “BWEK“, “BW Epic Kosan“ or
the “Company“ ) has resolved to grant 797,325 new share options to members of
the management and primary insiders of the Company. Each option gives the option
holder the right to purchase one share in the Company at an exercise price of
NOK 19.81 which is equal to the volume weighted average of the share price over
the 30 working days prior to the grant date. The options will vest on the 3rd
anniversary of the grant date and automatically expire six years after the grant
date.

This new grant brings the total options outstanding to 2,063,331.

Please refer to the attached announcement for further details.

BW Epic Kosan Ltd.
www.bwek.com
ir@bwek.com

More information:
Access the news on Oslo Bors NewsWeb site

583962_BW Epic Kosan - Share options 1 Mar 2023.pdf
583962_PDMR - Attachment to stock exchange announcement - Grant of options 1 March 2023.pdf