Carasent — Share Issue/Capital Change 2022

Oct 3, 2022

CARASENT: COMPLETION OF THE STOCK OPTION PROGRAM FOR EMPLOYEES

CARASENT: COMPLETION OF THE STOCK OPTION PROGRAM FOR EMPLOYEES

The subscription term for the stock options issued on November, 2019 starts on October 1, and ends on November 30, 2022.

The total numbers of issued options are 2 million with a strike price of NOK 14.47 per share.

The Board of Carasent has decided to use the right to settle the options in cash. The cash amount will be settled based on average volume-weighted share quoted for the 20 trading days period in advance of November 30, 2022.

The completion of the program implies a one-time cash settlement with no material impact on the company’s financial results.

For further details, please contact the Chairman of the Board, Johan Lindqvist at +46 733550935 or CFO, Svein Martin Bjørnstad at + 47 97969493.