Komplett ASA

Komplett ASA: Grant of share options to primary insider

Oslo, 3 August 2023: As part of Komplett ASA's long term incentive program set

out in the company's guidelines for remuneration of senior executives, Group

Commercial Director (CCO) Anders Westgaard has been granted 415,782 share

options in Komplett ASA.

Each share option gives the right to purchase one share in Komplett ASA.

The strike price of the options was set to NOK 12.36 per share based on the

closing price on 1 August 2023. The strike price for the options will have a

premium of 3 per cent annually until the options are vested.

The options will vest gradually over three years after grant, whereas 20 per

cent of the options will vest after one year, 20 per cent after two years and

the remaining 60 per cent after three years.

All options will expire five years after the date of grant.

The required form of notification and public disclosure by primary insiders

related to the grant is attached to this announcement.

For further inquiries, please contact:

Thomas Røkke, CFO

Kristin Hovland, Head of Communication

About Komplett ASA

Komplett Group is a leading online-first electronics and IT products retailer,

operating in Norway, Sweden and Denmark. Serving customers in the B2C, B2B and

distribution markets, the Group is deeply focused on delivering best in class

customer experience, built through decades of knowhow, expertise and deep

customer commitment. Komplett Group operates an efficient and scalable business

model that supports cost leadership and enables a competitive product offering.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act.

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