Atea Share Savings Program - notification of trade

10 Feb 2025 11:28 CET

Reference is made to the stock exchange notice dated June 6, 2023 regarding the
launch and terms of the Atea Employee Share Savings Program (the "Program"). The
purpose of the Program is to engage employees and foster a culture of employee
ownership in the Company.

Under the terms of the Program, participating employees may allocate a fixed
amount of their monthly after-tax salary to purchase shares in Atea ASA (up to a
maximum per month of NOK 1,000 in Norway, SEK 1,000 in Sweden, DKK 700 in
Denmark and EUR 100 per month in Finland and the Baltic countries). Shares are
purchased by employees from Atea ASA's treasury share holdings at market price.
The price of the shares purchased is determined based on the volume-weighted
average price of the ATEA share on the day preceding the share transfer.

As an additional incentive, participating employees will receive one "bonus"
share for each two ordinary shares purchased under the Program after a vesting
period in which the specified ordinary shares must be held. The vesting period
is three years for executive management and two years for all other employees.
The participant must also remain employed by Atea during the vesting period in
order to receive the bonus share.  The "bonus" share is treated as a restricted
stock unit (RSU) under IFRS 2 Share-Based Payment.

3,095 Atea employees are presently registered in the Program, representing
approximately 39% of all employees in the Atea Group.

On February 7, these employees purchased 65,498 shares in Atea ASA.  Shares were
purchased from Atea's treasury share holdings at a share price of NOK 135.12 per
share, corresponding to the volume-weighted average share price on February 6,
2025. The cost of the shares will be deducted from the employees' after-tax
salary in November, December and January. After the transaction, Atea ASA held
533,682 of its own shares.

The following primary insiders have acquired ATEA shares on February 7, 2025
under the Atea Share Savings Program, and are subject to public disclosure
requirements as a result of share transaction volumes during calendar year 2025.

Arunas Bartusevicius (Managing Director, Atea Baltics) purchased 26 shares under
the Program. After the transaction, the primary insider holds 177,319 shares,
210,000 options and 99 RSUs in the Company.

Kathrine Forsberg (Managing Director, Atea Denmark) purchased 24 shares under
the Program. After the transaction, the primary insider holds 186 shares,
270,000 options and 93 RSUs in the Company.

Robert Giori (Group CFO) purchased 22 shares under the Program. After the
transaction, the primary insider holds 126,956 shares, 500,000 options and 85
RSUs in the Company. The shareholding includes shares held by close associates
and through his holding company Four Leaf Clover AS.

Carl-Johan Hultenheim (Group COO) purchased 23 shares under the Program. After
the transaction, the primary insider holds 14,172 shares, 600,000 options and 86
RSUs in the Company.

Ole Petter Saxrud (Managing Director, Atea Norway) purchased 22 shares under the
Program. After the transaction, the primary insider holds 1,669 shares, 270,000
options and 85 RSUs in the Company.

Juha Sihvonen (Managing Director, Atea Finland) purchased 26 shares under the
Program. After the transaction, the primary insider holds 199 shares, 400,000
options and 99 RSUs in the Company.

Steinar Sønsteby (Group CEO) purchased 22 shares under the Program. After the
transaction, the primary insider holds 125,169 shares, 900,000 options and 85
RSUs in the Company. The shareholding includes shares held through his holding
company SS Holding AS.

Linus Wallin (Managing Director, Atea Sweden) purchased 23 shares under the
program. After the transaction, the primary insider holds 172 shares, 370,000
options and 86 RSUs in the Company.

For further information, please contact:
Robert Giori, CFO Atea ASA, mobile +47 934 09 188
Ole Johan Fjellestad, Group Chief Accountant, mobile +47 992 74 829

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