Pexip Holding

Remuneration Information • Feb 25, 2025

Pexip Holding ASA - Grant of share options to primary insiders

Pexip Holding ASA - Grant of share options to primary insiders

Oslo, Norway, 25 February 2025: The Board of Directors ("The Board") of Pexip Holding ASA ("Pexip" or "The Company") has on 24 February 2025 granted a total of 1,080,000 share options,10 equal to 1.03% of total shares issued in the Company, to members of management.

The exercise price is NOK 44.57 per share, which is equal to the volume-weighted average traded on Oslo Børs in the past seven days before the award. The options vest in tranches with 1/3 of the options vesting on 31 December 2025, 1/3 on 31 December 2026, and 1/3 on 31 December 2027. All options expire on 31 December 2028 and are conditional upon employment at the time of exercise. Each share option gives the right to purchase one share in Pexip Holding ASA.

The options are granted in accordance with the remuneration guidelines and authorization approved by the annual general meeting on 12 April 2024, and part of the long-term incentive plan for the management. The share options have been distributed to the primary insiders as follows:

Trond K. Johannessen, CEO, was granted rights to 400,000 share options. Following the grant, Mr. Johannessen holds 249,578 shares and 800,000 share options in Pexip.

Øystein Dahl Hem, CFO, was granted rights to 160,000 share options. Following the grant, Mr. Hem holds 236,249 shares and 320,000 share options in Pexip.

Åsmund Fodstad, Chief Revenue Officer, was granted rights to 160,000 share options. Following the grant, Mr. Fodstad holds 690,440 shares and 266,667 share options in Pexip.

Ian Mortimer, Chief Technology Officer, was granted rights to 90,000 share options. Following the grant, Mr. Mortimer holds 114,346 shares and 196,667 share options in Pexip.

Ingrid Woodhouse, Chief People Officer, was granted rights to 90,000 share options. Following the grant, Ms. Woodhouse holds 123,424 shares and 170,000 share options in Pexip.

Patricia Auseth, Chief Marketing Officer, was granted rights to 90,000 share options. Following the grant, Ms. Auseth holds 84,067 shares and 185,000 share options in Pexip.

Helge Hoff Hansen, Chief Operations Officer, was granted rights to 90,000 share options. Following the grant, Mr. Hansen holds 65,504 shares and 180,000 share options in Pexip.

Primary insider notifications pursuant to the EU Market Abuse Regulation (MAR) article 19 are attached.

This information is subject to disclosure requirements pursuant to the EU Market Abuse Regulation (MAR) and Section 5-12 of the Norwegian Securities Trading Act.

This stock exchange announcement was published by Øystein Dahl Hem, CFO, Pexip Holding ASA, on 25 February 2025. For further information, please contact: Øystein Hem, IR@pexip.com, +47 992 34 596.

About Pexip | pexip.com Pexip is a video technology company that offers multi-platform software for various purposes such as business meetings, secure government communication, doctor's appointments, and court proceedings. It is an excellent tool for organizations that want seamless, secure, and scalable meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo Stock Exchange. Visit us at www.pexip.com or on LinkedIn (http://www.linkedin.com/company/pexip/)