Smartoptics Group AS — Share Issue/Capital Change 2024

Mar 14, 2024

Smartoptics Group AS: Exercise of employee options

Smartoptics Group AS: Exercise of employee options

Holders of employee options in Smartoptics Group AS (the "Company") have

exercised options giving the right to subscribe for a total of 1,172,619 new

shares at a strike price of NOK 12.97 per share. As a result of the exercise of

employee options, the Board of Directors of the Company has today resolved to

increase the Company's share capital by NOK 23,452.38 through the issuance of

1,172,619 new shares. The share capital increase was resolved pursuant to the

board authorization granted by the general meeting held on 11 May 2023.

Following registration of the share capital increase pertaining to the issuance

of new shares, the share capital of the Company will be NOK 1,949,184.24,

divided into 97,459,212 shares, each with a par value of NOK 0.02.