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3 January 2025

For further information, please contact:

Investors and financial media

Stuart Jackson, CFO, ABL Group ASA
Telephone: +971 4 3793612

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

ABL Group ASA: Exercise Period under Long-Term Incentive Plan

Between 2019 and 2022, ABL Group ASA (the “Company” or “ABL Group”) granted employee share options as part of the Company’s long-term incentive plan (“LTIP”). Each option gives a right to receive one share in the Company. For more information on the LTIP and outstanding share options, please see the Company’s Annual Report.

The Company has today opened an exercise window in which option holders may exercise vested share options. The exercise window closes on 20 January 2025, and any exercises will take effect only at the end of the window.

The following share options vested in 2022 and 2023 and may be exercised during the current window:

  • 405,000 share options, held by 9 option holders, each with an exercise price of NOK 2.88. These options will expire in March 2025 unless exercised in the current exercise window.
  • 2,997,500 share options, held by 48 option holders, each with an exercise price of NOK 4.90. These options expire in September 2025 and may be exercised in a later exercise window.

In addition to the above, there are 740,000 unvested employee share options outstanding, vesting on 11 July 2025 at an average exercise price of NOK 11.19.