Grant of Share Options to primary insiders

Oslo, Norway, 23 February 2026: The Board of Directors ("The Board") of Pexip Holding ASA ("Pexip" or "The Company") has on 23 February 2026 granted a total of 820,000 share options, equal to 0.785% of total shares issued in the Company, to members of the management.

The exercise price is NOK 65.08 per share, which is equal to the volume-weighted average traded on Oslo Børs in the past week seven days before the award. The options vest in tranches with 25% of the options vesting on 31 December 2026, 25% on 31 December 2027, and 50% on 31 December 2028. All options expire on 31 December 2029 and are conditional upon employment at the time of exercise. Each share option gives the right to purchase one share in Pexip Holding ASA.

The options are granted in accordance with the remuneration guidelines and authorization approved by the annual general meeting on 25 April 2025, and part of the long-term incentive plan for the management. The share options have been distributed to the primary insiders as follows:

Trond K. Johannessen, CEO, was granted rights to 280,000 share options. Following the grant, Mr. Johannessen holds 477,872 shares and 813,334 share options in Pexip.

Øystein Dahl Hem, CFO, was granted rights to 120,000 share options. Following the grant, Mr. Hem holds 319,765 shares and 333,334 share options in Pexip.

Åsmund Fodstad, Chief Revenue Officer, was granted rights to 120,000 share options. Following the grant, Mr. Fodstad holds 804,828 shares and 280,000 share options in Pexip.

Ian Mortimer, Chief Technology Officer, was granted rights to 60,000 share options. Following the grant, Mr. Mortimer holds 155,104 shares and 203,334 share options in Pexip. Ingrid Woodhouse, Chief People Officer, was granted rights to 60,000 share options. Following the grant, Ms. Woodhouse holds 162,693 shares and 190,000 share options in Pexip.

Patricia Auseth, Chief Marketing Officer, was granted rights to 60,000 share options. Following the grant, Ms. Auseth holds 122,730 shares and 190,000 share options in Pexip.

Helge Hoff Hansen, Chief Operations Officer, was granted rights to 60,000 share options. Following the grant, Mr. Hansen holds 47,816 shares and 185,000 share options in Pexip.

Audhild Randa, EVP Engineering, was granted rights to 60,000 share options. Following the grant, Ms. Randa holds 0 shares and 150,000 share options in Pexip.

Primary insider notifications pursuant to the EU Market Abuse Regulation (MAR) article 19 are attached. This information is subject to disclosure requirements pursuant to the EU Market Abuse Regulation (MAR) and Section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Øystein Dahl Hem, CFO, Pexip Holding ASA, on 23 February 2026. For further information, please contact: Øystein Hem, IR@pexip.com, +47 992 34 596.

About Pexip | pexip.com Pexip is a video technology company that offers multi-platform software for various purposes such as business meetings, secure government communication, doctor's appointments, and court proceedings. It is an excellent tool for organizations that want seamless, secure, and scalable meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo Stock Exchange. Visit us at www.pexip.com or on LinkedIn (http://www.linkedin.com/company/pexip/)