NRC Group — Remuneration Information 2024

Apr 2, 2024

Grant of share options to primary insiders in NRC Group ASA

Grant of share options to primary insiders in NRC Group ASA

On the basis of the approval by the Annual General Meeting on 4 May 2023

to authorize the Board of NRC Group ASA (the "Company") to issue new shares to

employees under the long-term incentive program, the Board has resolved to

grant share options to senior executives of the Company.

Each share option, when exercised, will give the right to acquire one share

in the Company. The share options are granted without consideration.

Pursuant to the vesting schedule, the share options can be vested over a

period of three years, with 1/3 of the aggregate number each year. All options

expire

after 36 months.

Primary insiders in the Company have received the following options

grants, according to the terms described above:

Anders Gustafsson, CEO, has been granted 10,000 share options. The share

options have a strike price of NOK 11.42. Following the grant, Anders Gustafsson

holds

10,000 share options and 9,430 shares in NRC Group ASA.

Arild Ingar Moe, EVP and MD NRC Norway, has been granted 15,000 share

options. The share options have a strike price of NOK 11.42. Following the

grant, Arild Ingar Moe holds 111,000 share options and 239,198 shares in NRC

Group ASA.

Harri Lukkarinen, EVP and MD NRC Finland, has been granted 15,000 share

options. The share options have a strike price of NOK 11.42. Following the

grant, Harri Lukkarinen holds 172,500 share options and 16,962 shares in NRC

Group ASA.

Lene Engebretsen, EVP and Head of Communications & Sustainability, has been

granted 10,000 share options. The share options have a strike price of NOK

11.42. Following the grant, Lene Engebretsen holds 61,000 share options and

9,259 shares in NRC Group ASA.

Marianne Kellmer, EVP and Head of HR & Digitalization, has been granted 10,000

share options. The share options have a strike price of NOK 11.42. Following the

grant, Marianne Kellmer holds 14,000 share options and 4,281 shares in NRC Group

ASA.

This information is subject to the disclosure requirements in article 19 of

the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of

the Norwegian Securities Trading Act.