Elmera Group ASA — Remuneration Information 2021

Feb 19, 2021

Fjordkraft Holding ASA: Grant of share options

Fjordkraft Holding ASA: Grant of share options

On 18 February 2021, the Board of Directors approved the grant of 330,000 options in connection with the Group’s long-term incentive program.

The program is subject to approval at the Annual General Meeting. If the Annual General Meeting does not approve the program, a cash settlement of the options contracts will be provided to the employees.

The following primary insiders have been granted options:

Rolf Barmen: 40,000 options, now holding a total of 44,052 shares and 200,000 options

Birte Strander: 20,000 options, now holding a total of 28,516 shares and 100,000 options

Arnstein Flaskerud: 20,000 options, now holding a total of 26,760 shares and 100,000 options

Jeanne Tjomsland: 20,000 options, now holding a total of 19,078 shares and

100,000 options

Alf Kåre Hjartnes: 20,000 options, now holding a total of 8,833 shares and

90,000 options

Roger Finnanger: 20,000 options, now holding a total of 884 shares and 100,000 options

Solfrid Aase: 20,000 options, now holding a total of 7,856 shares and 100,000 options

Christian Kalvenes: 20,000 options, now holding a total of 931 shares and 100,000 options

Solfrid Fluge Andersen: 20,000 options, now holding a total of 100,000

options

Per Heiberg-Andersen: 20,000 options, now holding a total of 60,000 options

Ole Johan Langenes: 10,000 options, now holding a total of 7,000 shares and

50,000 options

Morten A. W. Opdal: 10,000 options, now holding a total of 3,481 shares and 50,000 options

The options granted vest on 15 February 2024. The options have a strike price of NOK 78 and expire on 14 February 2028

The total number of options outstanding is now 1,520,000.

For queries, please contact:

Rolf Barmen, CEO, +47 900 80 950