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Q-Free: Share option grant to the CEO

Q-Free ASA has granted a total of 1,000,000 share options to the CEO, Thale Kuvås Solberg, in a five-year share option program.

Solberg has been granted:

-400,000 share options with a strike of NOK 6.11.
-300,000 share options with a strike of NOK 8.55.
-300,000 share options with a strike of NOK 10.38.

The share options will be vested during the next three years and can be exercised from 15 October 2025, 2026 and 2027 respectively. The share option program ends 15 October 2028.

About Q-Free:

Q-Free ASA (OSE: QFR) is a global innovator in intelligent transportation systems that improve traffic flow, road safety, and air quality. With an open, collaborative approach to tolling, traffic and active transportation management, Q-Free works with customers and partners on every continent to digitize infrastructure and overcome modern mobility challenges for the greater good of society. Headquartered in Trondheim, Norway, Q-Free has annual revenues of approximately NOK 900 million and employs approximately 350 transportation innovators, experts, and enthusiasts. To learn more about how Q-Free is “changing the movements of life”, visit www.q-free.com or Twitter:@Q-FreeASA