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StrongPoint

Remuneration Information May 11, 2022

3767_dirs_2022-05-11_5a2060d4-d185-4293-98b7-a10bfa737fe4.html

Remuneration Information

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StrongPoint ASA - Share Option Program

StrongPoint ASA - Share Option Program

11.5.2022 20:26:21 CEST | StrongPoint | Mandatory notification of trade primary

insiders

On the basis of the approval by the General Meeting on 28 April 2022 to

authorize the Board of Directors of StrongPoint ASA (the 'Company', OSE ticker

"STRO") to issue shares to employees under a long-term incentive program, the

Board of Directors has resolved to issue share options to the CEO, the Group

Management and other key employees in the Company.

A total of 1,050,000 options for shares in the Company have been distributed

amongst the employees. The number of options granted corresponds to 2.4% of the

outstanding number of shares in the Company. Each option gives the right to

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

Pursuant to the vesting schedule, 25% of the options will vest one year after

the day of grant, 25% of the options will vest two years after the day of grant

and the remaining 50% will vest three years after the day of grant (vesting is

dependent on the option holder still being employed in the Company). The

exercise price for all options granted is NOK 22.81 per share. Options that are

not exercised within 5 years from the date of grant will lapse and become void.

Primary insiders in StrongPoint ASA have received the following options grants,

on the terms described above: Chief Executive Officer, Jacob Tveraabak has been

granted 150,000 share options. Following the grant, he holds 212,246 shares and

600,000 options in the Company. Chief Financial Officer, Hilde Horn Gilen has

been granted 75,000 share options. Following the grant, she holds 53,827 shares

and 300,000 options in the Company. Senior Vice President People & Organization,

Knut Olav Nyhus Olsen has been granted 75,000 share options. Following the

grant, he holds 13,814 shares and 225,000 options in the Company. Senior Vice

President Norway, Gisle Elvebakken has been granted 100,000 share options.

Following the grant, he holds 31,829 shares and 250,000 options in the Company.

Senior Vice President E-commerce, Chris Mackie has been granted 75,000 share

options. Following the grant, he holds 15,936 shares and 75,000 options in the

Company. Senior Vice President Baltics, Rimantas Mazulis has been granted 75,000

share options. Following the grant, he holds 22,806 shares and 225,000 options

in the Company. Senior Vice President Sweden, Magnus Rosen has been granted

75,000 share options. Following the grant, he holds 0 shares and 75,000 options

in the Company. Senior Vice President Technology, Julius Stulpinas has been

granted 75,000 share options. Following the grant, he holds 31,094 shares and

225,000 options in the Company. Senior Vice President Spain, Lorena Gomez has

been granted 75,000 share options. Following the grant, she holds 4,069 shares

and 125,000 options in the Company. In addition to Group Management, other key

employees in four different countries have been granted in total 275,000

options.

This information is subject to disclosure requirements set out in the Market

Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act

Section 5-12.

CONTACTS

* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,

[email protected]

* Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,

[email protected]

ABOUT STRONGPOINT

StrongPoint is a retail technology company that provides solutions to make shops

smarter, shopping experiences better and online grocery shopping more efficient.

With over 400 employees in Norway, Sweden, the Baltics and Spain and together

with a wide partner network, StrongPoint supports businesses in more than 20

countries. StrongPoint provides in-store cash management and payment solutions,

electronic shelf labels, self-checkouts, task and labor management software,

click & collect temperature-controlled grocery lockers, in-store and drive-thru

grocery pickup solutions and, grocery order picking solutions. StrongPoint is

headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue

of 1bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/1441/1964/Download%20announcement

%20as%20PDF.pdf

Notification of transactions pursuant to the market abuse regulation article

19.pdf -

https://kommunikasjon.ntb.no/ir-files/17847450/1441/1963/Notification%20of%20tra

nsactions%20pursuant%20to%20the%20market%20abuse%20regulation%20article%2019.pdf

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