ABL Group ASA: Exercise Period under Long-Term Incentive Plan

01 Aug 2024 17:56 CEST

Oslo, Norway, 1 August 2024:
Between 2019 and 2022, ABL Group ASA (the “Company” or “ABL Group”) granted
employee share options as part of the Company’s long-term incentive plan
(“LTIP”). Each option gives a right to receive one share in the Company. For
more information on the LTIP and outstanding share options, please see the
Company’s Annual Report.

The Company has today opened an exercise window in which option holders may
exercise vested share options. The exercise window closes on 22 August 2024 and
any exercises will take effect only at the end of the window. Option holders who
choose not to exercise during the current window will have the opportunity to
exercise these in later exercise windows as decided by the Board of Directors.

The following share options vested in 2022 and 2023, and may be exercised during
the current window:
- 450,000 share options, held by 10 option holders, with an exercise price of
NOK 2.99.
- 4,597,500 share options, held by 68 option holders, with an exercise price of
NOK 5.09.

In addition to the above, there are 783,000 unvested employee share options
outstanding, vesting on 11 July 2025 at an average exercise price of NOK 11.63.



For further information, please contact:

Investors and financial media:
Haakon Brandrud, Director of Strategy and Corporate Development, ABL Group ASA
Email: haakon.brandrud@abl-group.com

Other media enquiries:
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group
ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 42 countries worldwide and operates under four
brands: ABL, OWC, Longitude and AGR.

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