Renumeration and incentives

The Company does have the following outstanding share-related incentive programs.

Series 2021/2025

The Annual General Meeting on 19 February 2021 approved the Board’s and majority shareholders’ proposal regarding an incentive program for employees within the Desenio group and board members of the Company and resolution of issue of not more than 1,500,000 warrants and resolution of approving transfer of warrants. In total, 1,500,000 warrants have been subscribed for and 472,300 warrants have been acquired by or granted to participants. No warrants or under Series 2021/2025 have been exercised. The call period is 4 June 2025 up to and including 3 September 2025.

Series 2022/2025

The Annual General Meeting on May 12, 2022, approved the Board’s proposal for an incentive program for employees within the Desenio Group and decided on the issue of a maximum of 1,130,000 warrants. The call period is 10 June 2025 – 10 September 2025 and 1 warrant corresponds to 1 share.

Series 2023/2026

The Annual General Meeting on May 25, 2023, approved the Board’s proposal for an incentive program for employees within the Desenio Group and decided on the issue of a maximum of 1,300,000 warrants. The call period is 20 June 2026 – 20 September 2026 and 1 warrant corresponds to 1 share.