Astrocast SA

Board/Management Information • Feb 1, 2023

Astrocast SA: Exercise of share options incentive program beneficiaries including primary insider

Astrocast SA: Exercise of share options incentive program beneficiaries including primary insider

LAUSANNE, Switzerland, 1 February 2023 – Astrocast

Option holders under Astrocast SA (ASTRO) incentive program have exercised a total of 99,793 options during the exercise window of January 2023. These shares will be transferred from the company’s treasury shares.

Jan Eyvin Wang, member of the board of directors of, has exercised 50,000 options granted on 26 January 2022. The exercise price for the share options is CHF 0.01.

Following the transaction Jan Eyvin Wang owns a total of 100,000 shares and no more share options in Astrocast SA.

A primary insider notification pursuant to the EU Market Abuse Regulation Article 19 is attached.

For more information, please contact

Kjell Karlsen, Chief Financial Officer

Investors@astrocast.com

About Astrocast

Astrocast SA operates a leading global nanosatellite IoT network, offering services in industries such as Agriculture & Livestock, Maritime, Environment & Utilities to name a few. The Astrocast network enables companies to monitor, track, and communicate with remote assets from anywhere in the world. It relies on superior L-band spectrum through a strategic alliance with Thuraya. In partnership with Airbus, CEA/LETI and ESA, Astrocast developed Astronode S, an ultra-low power and miniaturised module compatible with inexpensive L-band patch antennas.
Founded in 2014 by a renowned team of experts, Astrocast develops and tests all its products in-house, from the satellites to the modules. Astrocast is listed on Euronext Growth Oslo.

For more information visit www.astrocast.com.

This information is notifiable pursuant to the EU Market Abuse Regulation article 19 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.