Xploara Technologies

Xplora Technologies AS: Grant of share options to primary insiders

Oslo, 17 December 2025 - In accordance with the authorization granted by the

annual general meeting on 23 May 2025, the Board of Directors of Xplora

Technologies AS (the "Company") has resolved to grant share options pursuant

to the compensation program.

On 15 December 2025 primary insiders in the Company were granted a total of

510,000 share options allocated as follows:

71,000 share options have been granted to CTO and primary insider Sangyo Kim,

now holding a total of 446,000 share options.

64,000 share options have been granted to CFO and primary insider Knut Stålen,

now holding a total of 339,000 share options.

200,000 share options have been granted to CLPO and primary insider Kristin

Hellebust, now holding a total of 200,000 share options.

175,000 share options have been granted to CMO and primary insider Lise af

Ekenstam, now holding a total of 175,000 share options.

The strike price is NOK 52.6592 per share, equal to the volume-weighted

average price (VWAP) over the last 10 trading days. Each share option gives

the right to purchase one share in the Company. 1/3 of options granted will

vest after 1, 2, and 3 years respectively, and the options expire after 5

years. The total outstanding share options shall not exceed 7.5% of the total

number of outstanding shares in the Company. This means that the allocation of

new share options, including the share options referenced above, has a maximum

limit of 3,363,930.

This information is subject to disclosure requirements in Regulation EU

596/2014 (MAR) article 19 no. 3 and the Norwegian Securities Trading Act

section 5-12.

For further information please contact:

Sten Kirkbak, CEO, +47 92203710, [email protected]

Knut Stålen, CFO, +47 92043458, [email protected]

About Xplora Technologies AS:

Xplora is a platform and services company delivering technology solutions that

enable families to stay connected and safe. The company designs smart devices

and services for Kids, Youths, and Seniors, combining secure communication

with services promoting physical activity and digital balance. Founded in

Norway, Xplora pioneered the Kids' smartwatch category in Europe and has since

expanded its offering to include phones and solutions for the Youth and Senior

markets. This positions Xplora as a leading European platform for

family-centric services. The company is headquartered in Oslo, Norway with

operations in leading European markets. Xplora is listed on Euronext Growth

under the ticker XPLRA.

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