Q-FREE – SHARE OPTION GRANT TO THE CEO

Q-Free ASA has granted a total of 869,970 share options to the CEO, Håkon Volldal, in a new five-year share option program. The grant is a replacement of the current share option program in accordance with the resolution adopted by the General Meeting 29 May 2018.

Volldal has been granted:

– 377,834 share options with a strike price of NOK 7.94

– 269,881 share options with a strike price of NOK 11.12

– 222,255 share options with a strike price of NOK 13.50

The share options can be exercised from 3 June 2021, 2022 and 2023 respectively. The share option program ends 3 June 2024. 

About Q-Free 

Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems) products and solutions. The company has approximately 400 employees, offices in 17 countries, and presence on all continents. Headquartered in Trondheim, Norway, Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter:@Q-FreeASA