Incentive Program

The Stock Option Program 2020/2023

At the Annual General Meeting held on May 5, 2020 a decision was made, in accordance with a proposal by the Board of Directors, to establish a long-term, share based, incentive program, the "Stock Option Program 2020/2023".

The program is targeted at all INVISIO group employees and compromise a combined maximum of 700,000 warrants. Based on the current number of outstanding shares, the maximum dilution resulting from the Stock Option Program 2020/2023 will be approx. 1.6 per cent of outstanding shares and votes, provided that all Stock Options are exercised to acquire new shares in INVISIO. Allotment occured on 7 May 2020.

The Stock Option Program 2022/2025

At the Annual General Meeting held on May 4, 2022 a decision was made, in accordance with a proposal by the Board of Directors, to establish a long-term, share based, incentive program, the "Stock Option Program 2022/2025

The program is targeted at all INVISIO group employees and compromise a combined maximum of 700,000 warrants. Based on the current number of outstanding shares, the maximum dilution resulting from the Stock Option Program 2022/2025 will be approx. 1.5 per cent of outstanding shares and votes, provided that all Stock Options are exercised to acquire new shares in INVISIO. Allotment occurred on 6 May 2022.