Norwegian Block Exchange issues share options to employees and board members for 2025

Oslo 20 March 2026 – Norwegian Block Exchange AS (“NBX” or “the Company”), the first publicly listed cryptocurrencies exchange in the Nordics, has with reference to the established share option program for employees granted 9,385,098 share options.

The vesting period of the share options are 20% after 18 months, 35% after 24 months and the remaining 45% after 36 months. The strike price of the options is 0,369 NOK, with a 4-year execution period after the up to 3-year vesting period.

The share options have been distributed among eligible employees, with the following primary insiders granted the following share options.

Stig Aleksander Kjos-Mathisen, CEO: 2,346,274 share options. Following the grant, Kjos-Mathisen holds a total of 4,808,186 share options in the Company.

Nicolai Lunde, CFO: 1,032,361 share options. Following the grant, Lunde holds a total of 1 777,361 share options in the Company.

Trond Pettersen, Chief Risk & Compliance Officer: 1,126,212 share options. Following the grant, Pettersen holds a total of 1,743,212 share options in the Company.

Inna Romanenko, Head of AML: 281,553 share options. Following the grant, Romanenko holds a total of 433,450 share options in the Company.

Alexandr Karpov, CTO: 469,255 share options, Following the grant, Karpov holds a total of 683,969 share options in the Company.

Board member Nils Sundling, Chairperson of the board: 187,702, Following the grant, Sundling holds a total of 187,702 share options in the Company.

Peter Warren, Board member: 187,702, Following the grant, Warren holds a total of 187,702 share options in the Company.

Vegard Kristiansen, Board member: 187,702, Following the grant, Kristiansen holds a total of 187,702 share options in the Company.

Ingvild Kjerkol, Board member: 187,702, Following the grant, Kjerkol holds a total of 187,702 share options in the Company.

Anna Kjos-Mathisen, Board member: 187,702, Following the grant, Kjos-Mathisen holds a total of 187,702 share options in the Company.

Bjørn Kjos, Board member: 187,702, Following the grant, Kjos holds a total of 187,702 share options in the Company.

Total outstanding shares after the grant are 13,777,123

Contact person: Stig Kjos-Mathisen - CEO Mail: stig.aleksander.kjos-mathisen@nbx.com, Phone: +47 932 87 572

About NBX Based in Oslo and registered with the Financial Supervisory Authority of Norway, NBX is a publicly listed Norwegian cryptocurrency exchange, custodian and crypto asset service provider. NBX offers global customers easy and secure access to cryptocurrencies, based on the advanced standards of its reference market: the Nordics. To learn more, please visit www.nbx.com