Moreld AS - Remuneration Information 2025

Moreld ASA: Results from Moreld's employee share incentive programme 2025

Stavanger, 29 September 2025: Moreld ASA (the "Company") has completed the

employee share incentive programme for 2025 (the "ESSP"). The ESSP was

directed towards the Company's employees, and each of the participants were

given the opportunity to purchase ordinary shares in the Company at a price

per share of NOK 17.83 (the "Offer Price"). The Offer Price equals the

volume-weighted average price of the Company's shares for the period from and

including 8 July 2025 to and including 18 August 2025, as adjusted for the

dividend of NOK 0.42 per share distributed by the Company on 26 August 2025.

The application period to purchase shares under the ESSP expired on 29 August

2025. By the end of the subscription period, a total of 486 employees,

equivalent to approximately 25% of the Company's employees, had subscribed to

purchase in aggregate 1,294,378 shares in the Company, raising total gross

proceeds of NOK 23,078,760 to the Company. Reference is made to the Company's

stock exchange announcement on 29 August 2025 regarding shares acquired under

the ESSP by primary insiders and their close associates.

Settlement of the ESSP will be carried out through delivery of existing an

unencumbered shares in the Company, which have been acquired through the

Company's offer to acquire own shares completed on 10 July 2025, and the

non-discretionary share buy back programme launched on 11 July 2025 that ended

on 20 August 2025. Following delivery of the shares to participating

employees, the Company will hold a total of 2,013,822 treasury shares.

Participants who remain employees of the Company and who have not sold shares

acquired under the ESSP as of 29 August 2027 and 29 August 2028 will receive

matching shares from the Company based on the number of shares purchased under

the ESSP.

For more information, please contact:

CEO Geir Austigard

Telephone: +47 992 47 500

CFO Trond Rosnes

Telephone: +47 404 14 494

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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