Exercise of RSUs and Share Options including primary insiders

12 Feb 2026 20:14 CET

Oslo, Norway, 12 February 2026: On 12 February 2026 Pexip Holding ASA (“Pexip”
or “Company”) closed its regular RSU and share option window for employees
(“Participants”).

RSUs: In accordance with the vesting plan for the Company's RSU program, some of
the RSUs have been exercisable into shares. Participants exercised a total of
1,054,931 RSUs, and 880,327 RSUs remain in the program.

Share options: 1,183,345 share options were exercised at an average strike price
of 22.40 NOK. The gains have been calculated based on the closing share price on
12 February 2025, 68.50 NOK per share, and Participants have been given the
option to receive the net gains in shares rather than pay the strike price
amount upfront. For the exercised share options 850,214 shares will be
delivered, and the Company has received NOK 3,687,289 in cash in strike price
payments from those opting to pay the strike price and receive the full number
of shares. A total of 2,457,002 share options remain under the option program,
which vest over the next two years.

Following the exercise, 1,905,145 shares will be transferred from the Company's
holdings. The shares will be delivered to the Participants as soon as
practically possible. After the exercise, Pexip Holding ASA will hold 47,445 own
shares.

The following primary insiders exercised share options:
CEO, Trond K. Johannessen exercised 266,666 share options at an average strike
of NOK 16.15 per share. He will receive 203,794 shares. After the transaction he
will hold 469,872 shares and have 533,334 rights to shares in the Company.

CFO, Øystein Dahl Hem exercised 106,666 share options at an average strike of
NOK 16.15 per share. He will receive 81,516 shares following the exercise. After
the transaction he will hold 319,765 shares and have 213,334 rights to shares in
the Company.

CRO, Åsmund Fodstad exercised 106,667 share options at an average strike of NOK
29.11 per share. He has paid a total of NOK 3,105,089 in cash and will receive
106,667 shares following the exercise. After the transaction he will hold
804,828 shares himself and through Metrix Invest AS and have 160,000 rights to
shares in the Company.

CTO, Ian Mortimer, exercised 53,333 share options at an average strike of NOK
16.15 per share. He will receive 40,758 shares following the exercise. After the
transaction he will hold 155,104 shares and have 143,334 rights to shares in the
Company.

CMO, Patricia Auseth, exercised 40,000 share options at an average strike of NOK
16.15 per share. She will receive 30,569 shares following the exercise. After
the transaction she will hold 122,730 shares and have 130,000 rights to shares
in the Company.

CPO, Ingrid Woodhouse, exercised 40,000 share options at an average strike of
NOK 16.15 per share. She will receive 30,569 shares following the exercise.
After the transaction she will hold 160,093 shares and have 130,000 rights to
shares in the Company.

COO, Helge Hoff Hansen, exercised 45,000 share options at an average strike of
NOK 19.03 per share. He will receive 32,498 shares following the exercise. After
the transaction he will hold 47,816 shares and have 125,000 rights to shares in
the Company.

This information is subject to disclosure requirements pursuant to the EU Market
Abuse Regulation (MAR) and Section 5-12 of the Norwegian Securities Trading Act.
This stock exchange announcement was published by Øystein Hem, CFO, Pexip
Holding ASA, on 12 February 2026. For further information, please contact:
Øystein Hem, IR@pexip.com, +47 992 34 596.

About Pexip | pexip.com Pexip is a video technology company that offers
multi-platform software for various purposes such as business meetings, secure
government communication, doctor's appointments, and court proceedings. It is an
excellent tool for organizations that want seamless, secure, and scalable
meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo
Stock Exchange. Visit us at www.pexip.com or on LinkedIn
(http://www.linkedin.com/company/pexip/)

More information:
Access the news on Oslo Bors NewsWeb site

665732_MAR form Feb 2026.pdf