Elmera Group ASA: Grant of share options

14 Feb 2025 12:52 CET

On 12 February 2025, the Board of Directors approved the grant of 410,000
options in connection with the Group's long-term incentive program. The program
is subject to approval at the Annual General Meeting. If the Annual General
Meeting does not approve the program, a cash settlement of the options contracts
will be provided to the employees.

The following primary insiders have been granted options:

Rolf Barmen: 50,000 options, now holding a total of 89,052 shares and 210,000
options

Henning Nordgulen: 20,000 options, now holding a total of 70,000 shares and
50,000 options

Arnstein Flaskerud: 20,000 options, now holding a total of 50,760 shares and
120,000 options

Jeanne Tjomsland: 20,000 options, now holding a total of 26,028 shares and
96,667 options

Kari Marvik: 20,000 options, now holding a total of 0 shares and 30,000 options

Roger Finnanger: 20,000 options, now holding a total of 3,378 shares and 120,000
options

Solfrid Aase: 20,000 options, now holding a total of 11,156 shares and 120,000
options

Magnar Øyhovden: 20,000 options, now holding a total of 54,600 shares and 60,000
options

Solfrid Fluge Andersen: 20,000 options, now holding a total of 5,171 shares and
120,000 options

Per Heiberg-Andersen: 20,000 options, now holding a total of 5,000 shares and
113,334 options

The options granted vest on 10 February 2028. The options have a strike price of
NOK 32.70 and expire on 20 February 2031

The total number of options outstanding is now 1,450,001.

For queries, please contact: Rolf Barmen, CEO, +47 900 80 950

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