Mandatory notification of trade

12 Feb 2026 08:59 CET

On February 11, the following transactions took place in Atea ASA (the Company):

1. Exercise and conversion of stock options

Employees of the Atea Group exercised stock options.  Upon exercise, the stock
options are converted into the right to receive ATEA shares of an equivalent
intrinsic value.  The intrinsic value is calculated based on the volume weighted
average price of the ATEA share on the day preceding the exercise.

In total, 1,350,832 stock options with a strike price of NOK 86.80 were
exercised and converted into the right to receive 558,818 Atea shares, based on
the volume weighted average price for the Atea share on February 10.

After withholding of income taxes, employees received rights to 332,925 shares
in Atea ASA. Atea will transfer 332,925 of its own shares to fulfill the
company's obligations.

2. Exercise and conversion of stock options by primary insiders

The following primary insiders exercised stock options based on the terms above:

Arunas Bartusevicius exercised 70,000 stock options. Upon exercise, the options
were converted into the right to receive 28,958 shares in the Company.

Robert Giori exercised 125,000 stock options. Upon exercise, the options were
converted into the right to receive 51,711 shares in the Company. After
withholding of income taxes, he obtained the right to receive 27,200 shares.

Carl Johan Hultenheim exercised 150,000 stock options. Upon exercise, the
options were converted into the right to receive 62,053 shares in the Company.
After withholding of income taxes, he obtained the right to receive 28,544
shares.

Ole Petter Saxrud exercised 70,000 stock options. Upon exercise, the options
were converted into the right to receive 28,958 shares in the Company. After
withholding of income taxes, he obtained the right to receive 15,232 shares.

Juha Sihvonen exercised 40,000 stock options. Upon exercise, the options were
converted into the right to receive 16,547 shares in the Company. After
withholding of income taxes, he obtained the right to receive 8,936 shares.

Steinar Sønsteby exercised 50,000 stock options at a strike price of NOK 118.25.
Upon exercise, the options were converted into the right to receive 20,684
shares in the Company. After withholding of income taxes, he obtained the right
to receive 10,880 shares.

Linus Wallin exercised 100,000 stock options. Upon exercise, the options were
converted into the right to receive 41,368 shares in the Company. After
withholding of income taxes, he obtained the right to receive 19,029 shares.

3. Transfer and sale of rights

Following the conversion, Arunas Bartusevicius exercised his right to receive
28,958 shares in Atea ASA. Other primary insiders listed above transferred their
rights to receive shares to a third party.

4. New holding

Arunas Bartusevicius holds 176,348 shares, 210,000 options and 130 RSUs in the
Company.

Robert Giori holds 127,017 shares, 375,000 options and 111 RSUs in the Company.

Carl-Johan Hultenheim holds 14,236 shares, 450,000 options and 114 RSUs in the
Company.

Ole Petter Saxrud holds 1,730 shares, 300,000 options and 111 RSUs in the
Company.

Juha Sihvonen holds 270 shares, 360,000 options and 130 RSUs in the Company.

Steinar Sønsteby holds 125,230 shares, 850,000 options and 111 RSUs in the
Company.

Linus Wallin holds 236 shares, 300,000 options and 114 RSUs in the Company.

Atea ASA holds 843,845 of its own shares.

See details about the transactions for primary insiders reported to
Finanstilsynet enclosed.


For further information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188

More information:
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