Komplett ASA: Grant of share options to primary insider

Oslo, 16 February 2023: As part of Komplett ASA’s long term incentive program set out in the company’s guidelines for remuneration of senior executives, Group CEO Jaan Ivar Semlitsch has today been granted 500,000 share options in Komplett ASA.

Each share option gives the right to purchase one share in Komplett ASA.

The strike price of the options was set to NOK 15.60 per share based on the closing price on 10 February 2023. The strike price for the options will have a premium of 3 per cent annually until the options are vested.

The options will vest gradually over three years after grant, whereas 20 per cent of the options will vest after one year, 20 per cent after two years and the remaining 60 per cent after three years.

All options will expire five years after the date of grant.

The required form of notification and public disclosure by primary insiders related to the grant is attached to this announcement.

For further inquiries, please contact:

Krister A. Pedersen, CFO
Krister.Pedersen@komplett.com

Kristin Hovland, Head of Communication
Kristin.Hovland@komplett.com

About Komplett ASA

Komplett Group is a leading online-first electronics and IT products retailer, operating in Norway, Sweden and Denmark. Serving customers in the B2C, B2B and distribution markets, the Group is deeply focused on delivering best in class customer experience, built through decades of knowhow, expertise and deep customer commitment. Komplett Group operates an efficient and scalable business model that supports cost leadership and enables a competitive product offering.

This information is subject to the disclosure requirements pursuant to Section 5 -12 the Norwegian Securities Trading Act.