Long-Term Incentive Plan - grant of share options to primary insiders

The strike price of the options is NOK 25.20 per share. The options vest in three equal tranches on 30 November 2027, 30 November 2028 and 30 November 2029. Each tranche may be exercised from its vesting date. The options expire on 30 November 2030. The options are granted in accordance with the Company's guidelines for remuneration to senior management approved by the Annual General Meeting on 27 May 2025.

The following primary insiders have been granted options:
Michael Akoh, CEO, was granted 100,000 share options. Following this grant, he holds 475,000 share options and 8,760 shares.
Børge Sørvoll, CFO, was granted 70,000 share options. Following this grant, he holds 470,000 share options and 101,528 shares.
Paul Blackburn, CCO, was granted 70,000 share options. Following this grant, he holds 175,000 share options and 0 shares.
Ruth Hendus-Altenburger, VP R&D and Application, was granted 40,000 share options. Following this grant, she holds 115,000 share options and 0 shares.
Olav Lanes, VP Scientific Strategy and Technology, was granted 40,000 share options. Following this grant, he holds 215,000 share options and 8,100 shares.
Marit Sjo Lorentzen, VP Operations, was granted 40,000 share options. Following this grant, she holds 215,000 share options and 29,831 shares.
Grethe Ytterstad, VP Quality, was granted 40,000 share options. Following this grant, she holds 115,000 share options and 8,369 shares

Notifications of the transactions for primary insiders are attached.

This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.

This stock exchange announcement was published by Børge Sørvoll, CFO, on 10 November 2026 at 11.45 CET.

For more information, please contact:
Børge Sørvoll
CFO
+47 95290187
ir@arcticzymes.com