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, sten.kirkbak@xplora.com
Knut Stålen, CFO, +47 92043458, knut.stalen@xplora.com
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.