Outstanding incentive programs 

The Company does have the following outstanding share-related incentive programs. 

Series 2017/2022 

An Extra General Meeting held on 29 May 2017 approved the Board’s proposal regarding an incentive program for senior executives, key employees and other employees of the Company and resolution of issue of not more than 4,250 warrants. In total, 4,000 warrants have been subscribed for by participants, of which 3,551 warrants remain outstanding. The call period is 1 April – 31 May 2022 and 1 warrant corresponds to 1,400 shares.

Series 2018/2023 

An Extra General Meeting held on 30 October 2018 approved the Board’s proposal regarding an incentive program for senior executives, key employees and other employees of the Company and resolution of issue of not more than 1,143 warrants. In total, 1,143 warrants have been subscribed for by participants, of which 1,009 warrants remain outstanding. No warrants under Series 2018/2023 have been exercised. The call period is 1 October – 31 October 2023 and 1 warrant corresponds to 1,400 shares.

Series 2021/2025 

The Annual General Meeting on 19 February 2021 approved the Board’s and majority shareholders’ proposal regarding an incentive program for employees within the Desenio group and board members of the Company and resolution of issue of not more than 1,500,000 warrants and resolution of approving transfer of warrants. In total, 1,500,000 warrants have been subscribed for and 472,300 warrants have been acquired by or granted to participants. No warrants or under Series 2021/2025 have been exercised. The call period is 4 June 2025 up to and including 3 September 2025.