Strongpoint ASA - Share Option Program

A total of 1,075,000 options for shares in the Company have been distributed amongst the employees. The number of options granted corresponds to 2.42% 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 31.13 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 206,000 shares through his family holding company JuCE Holding AS and 450,000 options in the Company. Chief Financial Officer, Hilde Horn Gilen has been granted 75,000 share options. Following the grant, she holds 49,573 shares and 225,000 options in the Company. Senior Vice President People & Organization, Knut Olav Nyhus Olsen has been granted 50,000 share options. Following the grant, he holds 3,839 shares and 150,000 options in the Company. Senior Vice President Norway, Gisle Elvebakken has been granted 50,000 share options. Following the grant, he holds 22,882 shares and 150,000 options in the Company. Senior Vice President E-commerce, Göran Thörn has been granted 50,000 share options. Following the grant, he holds 13,083 shares and 150,000 options in the Company. Senior Vice President Baltics, Rimantas Mazulis has been granted 50,000 share options. Following the grant, he holds 18,420 shares and 150,000 options in the Company. Senior Vice President international expansion ecommerce, Amanda Cremon has been granted 50,000 share options. Following the grant, she holds 8,353 shares and 150,000 options in the Company. Senior Vice President Technology, Julius Stulpinas has been granted 50,000 share options. Following the grant, he holds 24,682 shares and 150,000 options in the Company. Senior Vice President Labels, Leif Persson has been granted 50,000 share options. Following the grant, he holds 37,924 shares and 150,000 options in the Company. Senior Vice President Spain, Lorena Gomez has been granted 50,000 share options. Following the grant, she holds 0 shares and 50,000 options in the Company. In addition to Group Management, another 9 key employees in three different countries have been granted 50,000 options each, which constitutes a total of 450,000 options.