Scatec ASA: Long term incentive programme

15 Jan 2026 17:21 CET

Oslo, 15 January 2026: In line with the terms adopted by the Annual General
Meeting of Scatec ASA in 2025, the Board of Directors continue the share-based
Long-term Incentive (LTI) programme for management, and key and leading
employees of the company, in line with the principles described in the 2025
Guidelines for Remuneration of Executive Management. Today, a total of 800,636
Performance Share Units (PSUs) were granted to leading employees, including the
following primary insiders:

Terje Pilskog, CEO: 31,841

Hans Jakob Hegge, CFO: 27,289

Mohamed Amer, EVP Green Hydrogen & Egypt: 21,666

Alberto Gambacorta, EVP Sub-Saharan Africa: 14,142

Roar Haugland, EVP Asia & Sustainability: 18,604

Pål Helsing, EVP Operations: 21,441

Ann-Mari Lillejord, EVP Latin America & Europe: 19,069

Siobhan Minnaar, EVP General Counsel: 17,689

Karianne Kristiansen, EVP People & Organisation: 15,439

Andreas Austrell, SVP Investor Relations: 7,502

The LTI programme and the properties of the PSUs are further described in the
2025 Guidelines for Remuneration of Executive Management.

Attached is the notification of the transactions in accordance with the Market
Abuse Regulation Article 19.

For further information, please contact:

Andreas Austrell, SVP IR
andreas.austrell@scatec.com
+47 974 38 686

This information is subject to the disclosure requirements pursuant to the
market abuse regulation article 19 and section 5-12 of the Norwegian Securities
Trading Act.

More information:
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663720_Notifications of transactions.pdf