OXE Marine AB (publ) announces outcome of incentive program 2022/2025

In accordance with the resolution by the extraordinary general meeting in OXE Marine AB (publ) (the “Company”) on 16 February 2022, the Company has issued 1,856,492 qualified employee stock options in the new incentive program 2022/2025 and has subscribed for the corresponding number of warrants of series 2022/2015 issued to secure the Company’s delivery of shares in the program. The options have been issued at a price of SEK 0.03 per option and can be used to subscribe for shares during a subscription period of 1 month falling 36 months after acquisition of the employee stock options. The board of directors is entitled to prolong the subscription period with up to 8 months (corresponding to a total subscription period of up to 9 months) if a participant is continuously prohibited from exercising the employee stock options for subscription of new shares.

For further details about the incentive programs, please refer to the Company’s website www.oxemarine.com.

Certified Adviser
FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ). Contact details to FNCA Sweden AB:
tel. +46 8 528 00 399, e-mail info@fnca.se.

For further information, please contact:
Anders Berg, CEO, anders.berg@oxemarine.com, +46 70 358 91 55
Jonas Wikström, Chair of the board, jonas.wikstrom@oxemarine.com, +46 70 753 65 66

OXE Marine AB (publ) (NASDAQ STO: OXE) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. The Company’s unique patented engine-to-propulsion power transmission solutions have led to high demand for the Company’s engines worldwide.

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