Nordic Semiconductor

Remuneration Information • Feb 22, 2017

Grant of Share Options

Grant of Share Options

On February 17th 2017, all options granted under the 2014

option program expired and where deleted, in total 3,730,702

outstanding options.

With reference to the Annual General Meeting on April 19th,

2016, Nordic Semiconductor has on the 22nd February 2017

granted 1,625,412 share options to employees and primary

insiders. On the AGM the Company was given the approval to

issue up to 1.7 million options in 2017, equivalent to

approximately 1% of the outstanding share capital in options

to all employees.

According to the approval, the option scheme has a long term

element as options are exercisable over a three-year period

and expire after five years. The options were granted at a

strike price of NOK 35,77 (10% above volume weighted average

share price the week following Q4 2016 results). If the

company's share price exceeds a cap of NOK 107.31, the

company may settle the option grant by compensating the

employee the difference between the cap and the strike

price.

Please refer to the minutes of the December 8th, 2015 EGM

for further details of the option plan.

Primary insiders in Nordic Semiconductor have received the

following options grants, according to the terms described

above:

Chief Executive Officer Svenn-Tore Larsen has been granted

65,575 share options. Following this transaction, he holds

1,890,400 shares and 131,150 options in the Company.

Chief Financial Officer Pål Elstad has been granted 43,804

share options. Following this transaction, he holds 3,846

shares and 87,608 options in the Company.

Chief Technology Officer Svein-Egil Nielsen has been granted

43,804 share options. Following this transaction, he holds

15,000 shares and 87,608 options in the Company.

Sales and Marketing Director Geir Langeland has been granted

43,804 share options. Following this transaction, he holds

177,700 shares and 87,608 options in the Company.

Supply Chain Director Ole-Fredrik Morken has been granted

43,804 share options. Following this transaction, he holds

160,000 shares and 87,608 options in the Company.

Director of Strategy and IR Thomas Embla Bonnerud has been

granted 43,804 share options. Following this transaction, he

holds 7,420 shares and 51,804 options in the Company.

Quality Director Ebbe Rømcke has been granted 21,771 share

options. Following this transaction, he holds 68,900 shares

and 43,542 options in the Company.

Group Accounting Manager Irene Eilertsen has been granted

5,369 share options. Following this transaction, she holds

10,469 options in the Company.

Financial Analyst Thomas Larsen has been granted 3,501 share

options. Following this transaction, he holds 7,001 options

in the Company.

Employee Board member Joakim Ferm has been granted 5,952

share options. Following this transaction, he holds 9,452

options in the Company.

Employee Board member Lasse Haugnes Olsen has been granted

3,501 share options. Following this transaction, he holds

7,001 options in the Company.

For more information, please contact:

Pål Elstad, Chief Financial Officer. +47 991 66 293