Huddly AS – Grant of options to primary insiders

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: abi.banik@huddly.com

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.

Form - Jostein Devold

Form - Kristian Kolberg

Form - Michael Brandofino

Form - Graham Williams

Form - Stein Ove Eriksen

Form - Abhijit Banik

Form - Rosa Stensen