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Europris

Remuneration Information Sep 14, 2023

3599_dirs_2023-09-14_048bf434-04e7-4271-804f-83b8d7eff606.html

Remuneration Information

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Europris ASA: Share programme 2023 for primary insiders completed

Europris ASA: Share programme 2023 for primary insiders completed

14 September 2023: Europris ASA has carried out the long-term incentive

programme for 2023 covering restricted shares for senior executives of Europris.

The restricted shares programme provides participants the opportunity to

annually purchase shares with a three-year lock-in period for an amount limited

to a maximum of NOK 500 000. The value reduction of the shares from the lock-in

period was 14 per cent. This was calculated by an independent firm based on

Black & Scholes methodology. The market price for the shares was NOK 60.53 per

share, which corresponds to the ten-day volume-weighted average price of

Europris' share for the period 31 August to 13 September 2023. The price per

share after the value reduction (the purchase price) was NOK 52.06.

The following senior executives discharging managerial responsibilities in

Europris ASA have on 14 September 2023 acquired shares in Europris in connection

with the long-term incentive programme.

Name / Position / Acquired shares / Updated total shareholding:

Stina Charlene Byre / CFO / 5 763 shares / 22 406 shares

Renate Brattested Spernes / VP strategy and sustainability / 960 shares / 960

shares

Spæren Invest AS, Knut Spæren / VP international sourcing / 9 605 shares / 146

992 shares

Europris sold a total of 16 328 own shares in connection with the programme.

Following the transactions, Europris holds 5 921 935 own shares.

For further inquiries, please contact:

Stina Charlene Byre, CFO, [email protected], +47 41 10 58 08

Trine Engløkken, Investor Relations, [email protected], +47 94 05 09

37

This information is subject to disclosure requirements set out in the Market

Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act

Section 5-12.

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