AutoStore Holdings Ltd – Mandatory notification of trade – Grant of PSUs and options

(Nedre Vats, 13 March 2024): Reference is made to AutoStore Holdings Ltd. (the "Company", "AutoStore", OSE: Auto) long-term incentive plan for 2023 ("LTIP") for certain members of the Company's management and other leading employees adopted by the annual general meeting of the Company held on 19 May 2022 and the Company's stock exchange announcement published on 14 July 2023.

Paul Harrison (CFO), has today, been granted 173,835 performance share units ("PSUs") and 395,516 options.

Please see the attached forms of notification and public disclosure for further information.

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:

Jo Christian Lund-Steigedal, Investor Relations, AutoStore

Telephone: +47 41 50 87 33 | Info.ir@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 ~1,400 Systems in 54 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.