Hexagon Composites - Remuneration Information 2016

Hexagon Composites ASA issues 925,000 call options at strike NOK 20

In accordance with resolutions no 6 and no 14.2 of the Ordinary Shareholders'

Meeting held in Aalesund on April 21 April 2015, the Board of Directors of

Hexagon Composites ASA has issued 925,000 share options under the Company's

management incentive program. Of the 925,000 options, 775,000 options have been

granted to senior executives and managers listed as primary insiders.

Of the options granted to primary insiders:

Primary insider: Options granted: New holding after the grant:

Jon Erik Engeset 150,000 300,000 options and 420,867 shares

David Bandele 100,000 200,000 options and 32,745 shares

Skjalg S. Stavheim 100,000 150,000 options and 144,715 shares

Jack Schimenti 100,000 200,000 options and 60,341 shares

Chet Dawes 50,000 100,000 options and 22,736 shares

Frank Häberli 50,000 100,000 options and 18,713 shares

George Siedlecki 50,000 100,000 options and 3,300 shares

Rick Rashilla 50,000 75,000 options and 8,000 shares

Ragnar Holthe 50,000 100,000 options and 2,870 shares

Daniel Aasheim 50,000 100,000 options and 5,293 shares

Geir Torset 25,000 50,000 options and 31,146 shares

The share options give rights to buy shares in Hexagon Composites ASA at NOK 20

per share.

The options may be exercised in part or in full within three weeks following the

official announcement of the financial results for the fourth quarter of 2018,

first quarter of 2019 or second quarter of 2019.

For more information:

Jon Erik Engeset, CEO, Hexagon Composites ASA

Telephone: +47 916 30 550 | [email protected]

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1999568]

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