Desert Control AS - Exercise of employee share options and share capital increase
ISSUER DESERT CONTROL AS Sandnes, Norway, 1 March 2023: Participants in Desert Control AS' ("DesertControl" or the "Company") share option incentive program have on 1 March 2023exercised a total of 350,000 options at a strike price of NOK 0.003. Each optiongives a right to subscribe one share in the Company. The Company has resolved tosettle 110,000 options with cash consideration to allow the beneficiaries tosettle taxes. After the tax settlement, the Company shall deliver a total of240,000 shares to the option holders.In connection with a termination of employment the