Norse Atlantic cancels prior incentive scheme, launches 127,643,988-option plan at NOK 0.5 strike price

• Norse Atlantic cancelled its 2023 long-term share option program, scrapping all outstanding options.
• Board launched a new share option program totaling 127,643,988 options for senior management and selected key employees.
• Each option converts into one share at a NOK 0.5 strike price.
• Vesting runs four years in 25% annual tranches; options expire two years after vesting ends.
• Primary insiders received 96,067,000 options, led by CEO Eivind Roald with 42,995,000 options.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norse Atlantic ASA published the original content used to generate this news brief via Cision (Ref. ID: 20260923:BIT:4558:0) on September 23, 2026, and is solely responsible for the information contained therein.