AutoStore Holdings Ltd. - Settlement of RSUs - Long-term incentive plan 2022

29 Aug 2025 17:24 CEST

(Nedre Vats, 29 August 2025): Reference is made to the long-term incentive plan
for 2022 ("LTIP 2022") for certain members of AutoStore Holdings Ltd.'s
("AutoStore" or the "Company", OSE: AUTO) management and other leading employees
(the "Executives").

Under the LTIP 2022, the Executives were, amongst others, awarded restricted
stock units ("RSUs"). The RSUs were subject to a time-based vesting on the date
falling 36 months following the date of grant. The RSUs have now vested and were
settled today, 29 August 2025, through the delivery of 610,978 shares held in
treasury by AutoStore to the Executives, corresponding to the total number of
vested RSUs.

Bendik Førre, primary insider and Chief Strategy Officer, has received 15,710
shares. Please see the attached form of notification and public disclosure for
further information.

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, Senior Vice President Investor Relations

Telephone: +47 958 66 790 | Email: hiva.flaskjer@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 ~1,750 Systems in 60 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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654320_AutoStore_Settlement_of_RSUs_Bendik_Forre.pdf