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Adevinta Remuneration Information 2019

Jun 17, 2019

3520_dirs_2019-06-17_722c1644-34e5-430e-acd2-f3990c33f1e4.html

Remuneration Information

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Adevinta ASA (ADEA/ADEB) - Employee Share Purchase Plan 2019 For Employees at Adevinta

Adevinta ASA (ADEA/ADEB) - Employee Share Purchase Plan 2019 For Employees at Adevinta

The Board of Adevinta has approved a new employee share purchase plan for its

employees. The purpose of the plan is to motivate and retain employees as well

as to increase the interest in Adevinta's result and performance through owning

Adevinta shares.

It's the Board's intention that the plan will be a continuing part of the

company's employee incentive scheme. However, the board shall have the right to

decide, in its sole discretion, whether or not the plan will be extended in the

future, the terms of the plan, and who should be eligible.

For 2019, the company offer a share purchase plan based on an annual

contribution range of maximum NOK 72,000 (or equivalent in local currency) or

5% of annual gross fixed salary (if lower) with a minimum contribution level of

1%. Employees can enrol on a quarterly basis. The contributions are deducted

from the monthly net salary and used to purchase Adevinta shares quarterly on

behalf of the employees. The first purchase will take place week commencing

14(th) October. The purchase price and the number of shares acquired by the

company will be reported in accordance with the applicable regulations.

Employees will be allocated shares at purchase price which is the market price

on the purchase date (i.e. no discount).

After two years of ownership, the company will allocate two bonus shares for

every share bought during the first two quarterly enrolments in 2019.

Thereafter, one bonus share for every share bought in connection with this

offer.

Attached to this release is a list of employees that are primary insiders and

that have subscribed in the share purchase plan for 2019. The subscribed amount

disclosed is the total for a full calendar year. The purchase price and the

number of shares will be reported when allocation is made.

Oslo, 17 June 2019

ADEVINTA