Norwegian Block Exchange AS

Transaction in Own Shares • Dec 29, 2023

Norwegian Block Exchange issues share options to all employees

Norwegian Block Exchange issues share options to all employees

Oslo 29 December 2023 – Norwegian Block Exchange AS (“NBX” or “the Company”), the first publicly listed cryptocurrencies exchange in the Nordics, has with reference to the established share option program for employees granted 682,454 share options.

The vesting period of the share options are 20% after 18 months, 35% after 24 months and the remaining 45% after 36 months. The strike price of the options is 0.77 NOK, with a 4-year execution period after the up to 3-year vesting period.

The share options have been distributed among all the employees with the following primary key insider granted the following share options.

Stig Aleksander Kjos-Mathisen, CEO: 253,455 share options. Following the grant, Kjos-Mathisen holds a total of 733,912 share options in the Company.

Trond Pettersen, Chief Risk & Compliance Officer: 42,000 share options. Following the grant, Pettersen holds a total of 72,000 share options in the Company.

Inna Romanenko, Head of AML: 30.000 share options. Following the grant, Romanenko holds a total of 76.897 share options in the Company.

Alexandr Karpov, CTO: 42.000 share options, Following the grant, Alexandr holds a total of 89.714 share options in the Company.

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Contact person:

Stig Kjos-Mathisen - CEO Mail: stig.aleksander.kjos-mathisen@nbx.com, Phone: +47 932 87 572

About NBX

Based in Oslo and registered with the Financial Supervisory Authority of Norway, NBX is a publicly listed Norwegian cryptocurrency exchange, custodian and crypto asset service provider.

NBX offers global customers easy and secure access to cryptocurrencies, based on the advanced standards of its reference market: the Nordics. To learn more, please visit www.nbx.com