Employee share option plan 2022
In accordance with the authorization granted by the AGM on 21 April 2022, the board of directors of Axactor ASA has decided to establish an Employee Share Option Plan (ESOP) for senior executives and key personnel employed by the Axactor group. The plan encompasses up to 5 500 000 shares. The company's liability with respect to the scheme will be met through holdings of treasury shares or by issuing new shares. Under the ESOP, participants will receive share options, which, if certain predefined performance criteria are met within a performance period, can be exercised by paying the