Nedre Vats, 18 September, 2026: The Remuneration Committee, a sub-committee of the Board of Directors of AutoStore Holdings Ltd. (the "Company" or "AutoStore", OSE: AUTO), has, on 18 September 2026, approved grants under the new long-term incentive plan for 2026 ("LTIP") for the executive management team (the "Executives") in line with the revised remuneration policy approved by the annual general meeting of the Company held on 19 May 2026.
Under the LTIP, the Executives are awarded conditional share options ("options") and performance share units ("PSUs"). The options are issued to focus the Executives on such activities which promote share price appreciation. The PSUs are issued to provide a mechanism to incentivize and reward the achievement of strategic goals, in pursuit of sustainable value creation. The incentive vehicles therefore encourage the LTIP participants to act in the best interests of the Company for the benefit of shareholders and wider stakeholder groups.
The total number of options that will be awarded under the LTIP for 2026 is 67,139,040, where each option will, subject to vesting and the achievement of certain conditions, give the holder the right to acquire one AutoStore share from the Company. The options under the LTIP for 2026 shall vest upon achievement of certain conditions within a predetermined time period (1 January 2026 to 31 December 2028) and can be exercised for six years after the date of grant, with a strike price of NOK 14.82 per option.
The total number PSUs that will be awarded under the LTIP for 2026 is 4,453,890. Vesting of the PSUs is based on the achievement of financial or other performance goals and may only be vested by the holder upon approval of the Board of Directors in their sole discretion. Once vested, each PSU will award the holder with one AutoStore share.
The primary insiders of the Company, Mats Hovland Vikse (CEO), Paul Harrison (CFO), Israel Losada Salvador (COO), Jenny Sveen Hovda (General Counsel), Parth Joshi (CPO), Carlos Fernandez (Chief Solutions Officer), Keith White (CCO), Bendik Førre (Chief Strategy Officer) and Eva Marie Hansen (CHRO) have been awarded a total of 67,139,040 options and 4,453,890 PSUs under the LTIP for 2026, as further described in the attached forms.
This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
Hiva Flåskjer, SVP Investor Relations, AutoStore AS Telephone: +47 958 66 790 I
hiva.flaskjer@autostoresystem.com
About AutoStore | www.autostoresystem.com
AutoStore combines automation, software, and AI to enable Intelligent Fulfillment across the entire lifecycle. Founded in Norway, we've grown into a global technology company delivering advanced technology that automates and orchestrates order fulfillment. Our goal is simple: to ensure orders arrive faster than ever, with minimal environmental impact - helping brands exceed customer expectations. Today, we have approximately 2,000 systems in over 68 countries and continue to grow as a global community of employees, partners, customers, suppliers, and connected technologies. Our fulfillment solutions simplify operations, and by listening closely to our community, we continuously innovate to meet the industry's most complex needs. With AutoStore, brands gain speed, efficiency, improved workplaces, and significantly more floor space.
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