Green Minerals — Remuneration Information 2021

Oct 22, 2021

Green Minerals: Grant of options under share incentive scheme

Green Minerals: Grant of options under share incentive scheme

Green Minerals today updates on it`s employee share incentive program.

The Board of Directors has decided to grant 100,000 warrants to Mr Espen Simonstad, Senior Advisor Geoscience with a strike price of NOK 20 per share. Further, the Board has decided to realign the vesting prices for Mr Ståle Monstad and Mr Maxime Lesage to the latest allocation under the program. The program becomes vested over a period of 3 years from the Grant date.

To this end, allocations under the program are as follows:

No of shares owned Warrants

Ståle Rodahl, Executive Chairman 158,400 300,000

Øivind Dahl-Stamnes, Board member 18,100 100,000

Ståle Monstad, Head of Exploration 200,000

Espen Simonstad, Senior Adv Geoscience 100,000

Maxime Lesage, Chief Engineer 100,000

Contacts:

Ståle Rodahl

Executive Chairman

Ph: +47 4840 0593