Oslo, 16 April 2026: Reference is made to the stock exchange announcement published by Circio Holding ASA (the “Company”) on 30 January 2026, regarding the final results of the rights issue raising gross proceeds of NOK 50 million (the “Rights Issue”).
In accordance with the terms of the Company’s agreements for Restricted share units (“RSUs”) and share options (“Options”), which are an important and integral part of the Company’s compensation model to attract and retain key employees and directors, the Company has today performed required RSU and Option adjustments to restitute the dilutive effect of the Rights Issue.
These adjustments are made to ensure that RSU and Option holders are neither advantaged, nor disadvantaged as a result of a Rights Issue with preferential subscription rights.
Accordingly, current and former members of the Board of Directors holding RSUs as of 12 January 2026, being the last date shares were traded inclusive of the right to participate in the Rights Issue, have been granted an aggregate of 3,069 additional RSUs. For further information regarding the allocation of additional RSUs to primary insiders among the board members, please see the attached notifications of trade by primary insiders.
Furthermore, the exercise price for the 3,704,152 outstanding Options as of 12 January 2026 has been reduced by NOK 0.0581 per option, in accordance with the governing terms of the Option agreements and standard market practice. This adjustment has no effect on the number of Options. The exercise price for Options granted to employees in February 2026, after completion of the Rights Issue, are not affected by these adjustments.
This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.