AutoStore Holdings Ltd. - Exercise of share options under the 2019 equity incentive plan and sale of option shares

07 Nov 2024 19:34 CET

(Nedre Vats, 7 November 2024): Reference is made to the 2019 equity incentive
plan of AutoStore Holdings Ltd. ("AutoStore" or the "Company", OSE: AUTO).

In an exercise window opened in connection with the publication of the Company's
Q3 2024 results, option holders under the Company's 2019 equity incentive plan
have exercised a total of 275,997 options with a strike price of NOK 3.91991 per
option.

No primary insiders of the Company have exercised any options in this exercise
window.

All the option holders who exercised options have chosen to exercise their
options with cash settlement by the Company. The Company have sold a total of
176,870 option shares at a price of NOK 10.9141 per option share to cash settle
the exercised share options. The Company holds 68,845,285 treasury shares
following the option exercise and the above-mentioned sale of option shares.

Following the exercise, there are 66,769,718 vested and 475,912 unvested options
remaining under the 2019 equity incentive plan.

For further information, please contact:

Hiva Flåskjer, SVP Investor Relations, AutoStore AS Telephone: +47 958 66 790 I
hiva.flaskjer@autostoresystem.com

About AutoStore | www.autostoresystem.com

AutoStoreT, founded in 1996, is a technology company that develops order
-fulfillment solutions to help businesses achieve efficiency gains within the
storage and retrieval of goods. The company offers both hardware and software
capabilities and the AutoStore technology is interoperable with other third
-party solutions. AutoStore is global, with ~1,600 Systems in 57 countries. All
sales are distributed, designed, installed, and serviced by a network of
qualified system integrators referred to as "partners". AutoStore was founded in
Nedre Vats, on the west coast of Norway. The company has offices in Norway, the
U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia,
and Singapore, as well as assembly facilities in Poland and Thailand.

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