Itera — Director's Dealing 2023

Dec 8, 2023

Mandatory notification of trade

Mandatory notification of trade

On 8 December 2023, a total number of 260,000 stock options were exercised at NOK

10.29 per share in accordance with outstanding employee stock option programmes

from 2019. Please refer to notification on 17 December 2019.

Itera ASA has used 260,000 of its own shares to cover this redemption of stock

options. After this transaction, Itera ASA has 695,559 own shares.

The following primary insiders have exercised options:

Chief Strategy & Communication Officer, Ole Morten Damlien, has exercised 100,000 options.

Following this transaction, he has 200,546 shares and 25,000 outstanding

options.

Observer to the Board, Odd Khalifi, has exercised 100,000 options.

Following this transaction, he has 215,546 shares and 150,000 outstanding

options.

Employee-elected deputy to the Board, Tom Kr. Foosnæs, has exercised 30,000 options.

Following this transaction, he has 57,325 shares.

For further information, please contact:

Bent Hammer, CFO, tel. +47 982 15 497