Kitron - Remuneration Information 2025

Kitron: Allocation of options

(2025-10-23) On 23 October 2025, the board of directors of Kitron ASA (the

"Company" or "Kitron") resolved to issue 1 600 000 options under Kitron's long-

term incentive program for the period 2024 - 2030.

The options are issued with 800 000 options each to Subprogram A (2024 - 2027)

and Subprogram B (2025 - 2028), and in accordance with the board of directors'

guidelines for remuneration of senior executives as approved by Kitron's annual

general meeting held 25 April 2025. The share option program and properties of

the options are a continuation of Kitron's share option program as described in

note 19 in Kitron's annual financial statements for 2024.

A total of 1 030 000 options is allocated to primary insiders as further set out

in the attached primary insider notifications pursuant to the market abuse

regulation article 19.

For further information, please contact:

Tuomo Lähdesmäki, Chairman of the Board of Kitron

Tel.: +358-50-5879648

About Kitron

Kitron is a leading Scandinavian electronics manufacturing services company for

the Connectivity, Electrification, Industry, Medical devices and

Defence/Aerospace sectors. The group has operations located in Norway, Sweden,

Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China

and the United States. Kitron has about 2 400 employees, and revenues were EUR

647 million in 2024.

www.kitron.com (http://www.kitron.com)

This information is subject to the disclosure requirements pursuant to the

market abuse regulation article 19 and section 5-12 of the Norwegian Securities

Trading Act.

AI assistant