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Crayon Group Holding Remuneration Information 2022

Apr 8, 2022

3573_rns_2022-04-08_83b9d3e4-98b8-4aed-a61d-a248f52dd5c1.html

Remuneration Information

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End of subscription period under the employee share incentive program

End of subscription period under the employee share incentive program

(OSLO, Norway) — In connection with the annual employee share incentive program of Crayon Group Holding ASA (the "Company" or "Crayon"), all employees of Crayon and its subsidiaries for which an offer could be lawfully made have been offered to subscribe for shares in the Company.

The employees have been offered to subscribe at the volume-weighted average share price from March 25, 2022 to April 8, 2022 minus a 20% discount, resulting in a subscription price of NOK 117.70 per share. In aggregate, approximately 900 employees, corresponding to 27% of eligible employees, participated in the program.

The application period ended at April 8, 2022 and final allocation is expected take place in May, 2022. The new shares issued to employees and board members as part of the employee share incentive program will be subject to a lock-up period of two years.

The following primary insiders have applied for shares:

Board of Directors:

Rune Syversen (Chairman): 2,124 shares

Jens Rugseth (member): 2,124 shares

Camilla Magnus (member): 2,124 shares

Grethe Viksaas (member): 2,124 shares

Jennifer Koss (member): 850 shares

Mette Wam (Employee rep.): 2,124 shares

Brit Smestad (Employee rep.): 2,124 shares

Christian Ødemark (Employee rep.): 2,124 shares

Timothy Jay Herland (Deputy employee rep.): 850 shares

Julie Lorch-Falch Chrissafopoulos (Deputy employee rep.): 340 shares

Executive Management:

Melissa Mulholland (CEO): 2,124 shares

Jon Birger Syvertsen (CFO): 2,124 shares

Florian Rosenberg (CTO): 2,124 shares

Abbey Lin (CCO): 850 shares

Investor contact:

Magnus Granerød

IR Manager

[email protected]

About Crayon

Crayon is a customer-centric innovation and IT services company with over 3,300 employees across nearly 40 countries. We provide the best solutions for our clients’ business needs and budgets in software, cloud, AI, and big data. For more information, visit www.crayon.com.