Atea — Director's Dealing 2026

Apr 29, 2026

Mandatory notification of trade

Mandatory notification of trade

On April 29, the following transactions took place in Atea ASA (the Company):

1. Exercise and conversion of stock options

Employees of the Atea Group exercised stock options.  Upon exercise, the stock

options are converted into the right to receive ATEA shares of an equivalent

intrinsic value.  The intrinsic value is calculated based on the volume weighted

average price of the ATEA share on the day preceding the exercise.

In total, 260,500 stock options with a weighted average strike price of NOK

86.80 were exercised and converted into the right to receive 113,635 Atea

shares, based on the volume weighted average price for the Atea share on April

After withholding income taxes, employees received rights to 65,500 shares in

Atea ASA. Atea will transfer 65,500 of its own shares to fulfill the company's

obligations.

2. Exercise and conversion of stock options by primary insiders

The following primary insiders exercised stock options:

Juha Sihvonen exercised 30,000 stock options at a strike price of NOK 86.80.

Upon exercise, the options were converted into the right to receive 13,087

shares in the Company. After withholding of income taxes, he obtained the right

to receive 7,067 shares.

Steinar Sønsteby exercised 75,000 stock options at a strike price of NOK 86.80.

Upon exercise, the options were converted into the right to receive 32,716

shares in the Company. After withholding of income taxes, he obtained the right

to receive 17,209 shares.

3. Transfer and sale of rights

The primary insiders above transferred their rights to receive shares to a third

party. The payment has been determined based on a selling price of NOK 154.60

per share.

4. New holding

Juha Sihvonen holds 293 shares, 430,000 options and 141 RSUs in the Company.

Steinar Sønsteby holds 125,250 shares, 1,000,000 options and 121 RSUs in the

Company. The shareholding includes shares held through his holding company SS

Holding AS.

Atea ASA holds 1,021,383 of its own shares.

See details about the transactions for primary insiders on April 29 reported to

Finanstilsynet enclosed.

For further information, please contact:

Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655

Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188