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Airthings Share Issue/Capital Change 2023

Jul 3, 2023

3524_dirs_2023-07-03_1581e304-876e-4ab3-93b6-e4a18152f7ff.html

Share Issue/Capital Change

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Grant of employee share options

Grant of employee share options

Airthings ASA (“Airthings” or the “Company”) has on July 1, 2023, granted 2,372,708 share options to employees at a strike price of NOK 2,305. The options vest in tranches with 25% of the granted options on each anniversary of the grant. Each share option corresponds to one share. Please refer to the annual report 2022 for further details regarding the Company’s option plan.

The following primary insiders of Airthings ASA have been allocated share options as part of the grant:

- Øyvind Birkenes, CEO: 250,000 options

- Jeremy Gerst, CFO: 350,000 options

- Audhild Andersen Randa, COO: 250,000 options

- Anders Follerås, SVP Airthings for Consumer: 200,000 options

- Anita Øverbekk, HR Manager: 150,000 options

- Chloe Waller, Board member: 100,000 options

- Niklas Norin, Board member: 22,340 options

- Anlaug Gårsrud Underdal, Deputy Board Member: 10,868 options

- Magnus Navdal Bekkelund, VP Finance: 31,155 options

Contact:

Jeremy Gerst - CFO

T: +47 455 11 103

E: [email protected]

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.