Huddly AS – Grant of options to primary insiders

Huddly AS - Grant of options to primary insiders

Issuer

Huddly AS

On 2 May 2024, the annual general meeting of Huddly AS ("Huddly" or the
"Company") approved the new share option program for the Company's current
employees and board members as proposed by Huddly's board of directors on 16
April 2024 (the 2024 Share Incentive Plan).

Each share option granted under the 2024 Share Incentive Plan will give the
right to acquire one share in the Company. The share options are granted without
consideration.

The share options have a strike price of NOK 0.75.

The following primary insiders in the Company have been granted the following
options under the 2024 Share Incentive Plan:
- Jostein Devold, the chair of the board of directors, has been granted
1,500,000 options;
- Kristian Kolberg, board member, has been granted 1,000,000 options;
- Michael A. Brandofino, board member, has been granted 1,000,000 options;
- Graham Spencer Williams, the Company's CEO, has been granted 1,500,000
options;
- Stein Ove Eriksen, the Company's CPO and board observer, has been granted
1,500,000 options;
- Abhijit Saha Banik, the Company's CFO, has been granted 2,000,000 options; and
- Rósa Ingimundarsdottir Stensen, the Company's COO, has been granted 2,000,000
options

Please see the attached forms of notification for further information.

Disclosure

This information is subject to the disclosure requirements pursuant to Article
19 of the EU Market Abuse Regulation (MAR) and Section 5-12 of the Norwegian
Securities Trading Act. This stock exchange announcement was published by
Abhijit Saha Banik, CFO of the Company, at the date and time provided herein.

Contacts

For more information, please contact:

Abhijit Saha Banik, CFO
Mobile: +47 408 30 964
E-mail: [email protected]

About Huddly AS

Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in order to empower human
collaboration. Combining our industry-leading expertise in artificial
intelligence, software, hardware, and UX, we craft intelligent camera systems
that enable inclusive and productive teamwork. Huddly cameras are designed to
provide high-quality, AI-powered video meetings on major platforms, including
Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable
hardware, and engaging user experiences, they are the ideal choice for
organizations seeking a future-proof, scalable, and sustainable solution.
Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the
US and EMEA and distribution globally.

More information:
Access the news on Oslo Bors NewsWeb site

617709_Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (KRT-1500) - Williams.pdf
617709_Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (KRT-1500) - Eriksen.pdf
617709_Skjema for melding om transaksjoner utført av personer med ledelsesansvar («primærinnsidere») og deres nærstående (KRT-1500) - Devold.pdf
617709_Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them - Kolberg.pdf
617709_Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (KRT-1500) - Banik.pdf
617709_Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (KRT-1500) - Stensen.pdf
617709_Template for notification of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (KRT-1500) - Brandofino.pdf