AutoStore Holdings Ltd. - Correction of long-term incentive plan 2024 grants

06 Mar 2025 11:45 CET

Reference is made to the stock exchange announcement published by AutoStore
Holdings Ltd. ("AutoStore" or the "Company", OSE: AUTO) on 11 September 2024,
regarding new grants under the Company's long-term incentive plan for 2024
("LTIP").

The Company has discovered an error in one of the allocations for LTIP 2024
granted in September. Following the correction, the primary insider, Parth
Joshi, has been awarded a total of 673,668 options and 316,974 performance share
units ("PSUs") under the LTIP for 2024, as further described in the updated
attached form.

As a result of the corrected allocation, the total number of options awarded
under the LTIP for 2024 as of 11 September 2024 was 2,969,761, and the total
number of PSUs awarded under the LTIP for 2024 was 1,397,330.

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

For further information, please contact:

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

Nili Eslah, Investor Relations Manager, AutoStore AS Telephone: +47 456 62 664
nili.eslah@autostoresystem.com

About AutoStore | www.autostoresystem.com

AutoStore, 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 ~1,650 Systems in 58 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.

More information:
Access the news on Oslo Bors NewsWeb site

640563_AutoStore_Holdings_Ltd_LTIP_September_2024_Notification_of_trade_by_primary_insiders.pdf