Pexip Holding

Remuneration Information • May 6, 2024

Pexip Holding ASA - Exercise window for employee RSUs and share options

Pexip Holding ASA - Exercise window for employee RSUs and share options

Oslo, Norway, 6 May, 2024: In accordance with the vesting plan for the Company's RSU program, 9% of the RSUs granted under the RSU program have been exercisable into shares on 6 May, 2024. Participants in the RSU program have on 6 May, 2024 exercised a total of 222,578 RSUs. A total of 2.2 million RSUs remain under the RSU program, which vest and are exercisable over the next three years.

In addition to the RSUs exercised, 27,500 options were exercised at an average strike price of 22.14. Following the exercise, 250,078 shares will be transferred from the Company's holding of its own shares. After the transaction, Pexip Holding ASA will hold 2,592,789 own shares. A total of 5.2 million share options remain under the option program, which vest and are exercisable over the next three and a half years.

The exercised shares are expected to be delivered to participant's accounts within 2 weeks from the exercise date.

Exercise of share options by primary insiders

The primary insiders Øystein Dahl Hem (CFO) and Ingrid Woodhouse (CPO) exercised a total of 7,500 share options each with a strike price of 25 NOK, granted in 2018. After the exercise, Hem will hold 155,468 shares and rights to 412,500 shares and Woodhouse will hold 59,780 shares and rights to 260,625 shares.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Øystein Dahl Hem, CFO, Pexip Holding ASA on 6 May, 2024.