Holders of employee options in Smartoptics Group AS (the "Company") have exercised options giving the right to subscribe for a total of 1,172,619 new shares at a strike price of NOK 12.97 per share. As a result of the exercise of employee options, the Board of Directors of the Company has today resolved to increase the Company's share capital by NOK 23,452.38 through the issuance of 1,172,619 new shares. The share capital increase was resolved pursuant to the board authorization granted by the general meeting held on 11 May 2023.

Following registration of the share capital increase pertaining to the issuance of new shares, the share capital of the Company will be NOK 1,949,184.24, divided into 97,459,212 shares, each with a par value of NOK 0.02.

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