Axactor ASA: Exercise of employee share options under long term incentive program

01 Jul 2025 16:46 CEST

Key employees of Axactor ASA ("the Company") have on 1 July 2025 exercised
1,183,337 share options out of 1,650,004 vested share options under the
long-term incentive program, ESOP2022. The Board of Directors has decided in
accordance with the terms and conditions of the long-term incentive program, on
a cash settlement of the share options. After this share option exercise, the
Company has 466,667 outstanding share options under ESOP2022. New exercise
windows will be made available following the end of each quarter after the
announcement of the Company’s quarterly financial results.

The following primary insiders of the Company have exercised share options:

Johnny Tsolis, CEO: 333,334 options
Kyrre Svae, Deputy CEO&CSO: 91,667 options
Nina Mortensen, CFO: 91,667 options
Arnt Andre Dullum, COO: 91,667 options
Vibeke Ly, Chief of Staff: 91,667 options

Please refer to the attached schedules for further details.


This information is subject to the disclosure requirements in Article 19 of the
Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading
Act.

For additional information, please contact: Johnny Tsolis, CEO, Axactor Tel: +47
913 35 461 E-mail: johnny.tsolis@axactor.com

To learn more about Axactor, visit www.axactor.com

More information:
Access the news on Oslo Bors NewsWeb site

650511_KRT-1500_Kyrre Svae.pdf
650511_KRT-1500_Nina Mortensen.pdf
650511_KRT-1500_Johnny Tsolis.pdf
650511_KRT-1500_Vibeke Ly.pdf
650511_KRT-1500_Arnt Andre Dullum.pdf