(Nedre Vats, 8 April 2025): Reference is made to the special general meeting
held in AutoStore Holdings Ltd. ("AutoStore" or the "Company", OSE: AUTO) on 27
October 2023, where it was resolved that board of directors not employees of any
of the major shareholders (as defined therein) would be remunerated with, inter
alia, restricted stock units ("RSUs") for an amount equal to NOK 450,000 per
year.
In accordance with the decision made at the special general meeting, board
members Hege Skryseth, Kjersti Wiklund, Andreas Hansson, and Viveka Ekberg, have
today formally been granted a total of 178,748 RSUs, as detailed in the attached
forms. The RSUs will vest over a period of two years, and thus the RSUs will be
vested by 27 October 2026. The total RSU grant has been calculated based on the
market price of the Company's shares on 27 October 2024, as quoted at close of
the Oslo Stock Exchange on 25 October 2024.
This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.
For further information, please contact:
Hiva Flåskjer, SVP Investor Relations, AutoStore AS
Telephone: +47 958 66 790 hiva.flaskjer@autostoresystem.com
(Ihiva.flaskjer@autostoresystem.com)
Nili Eslah, Investor Relations Manager, AutoStore AS
Telephone: +47 456 62 664 nili.eslah@autostoresystem.com
About AutoStore | www.autostoresystem.com
AutoStore, founded in 1996, is a technology company that develops order
-fulfillment solutions to help businesses achieve efficiency gains within the
storage and retrieval of goods. The company offers both hardware and software
capabilities and the AutoStore technology is interoperable with other third
-party solutions.
AutoStore is global, with ~1,650 Systems in 58 countries. All sales are
distributed, designed, installed, and serviced by a network of qualified system
integrators referred to as "partners". AutoStore was founded in Nedre Vats, on
the west coast of Norway. The company has offices in Norway, the U.S., UK,
Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and
Singapore, as well as assembly facilities in Poland and Thailand.