Kebni AB (publ): Outcome of the first of two exercise periods in Incentive Program 2022/2025

Kebni AB (publ) announces the outcome of the first of two exercise periods in the company’s Incentive Program 2022/2025.
During the first exercise period, which ended on 25 August 2025, a total of 2 384 603 stock options were exercised, corresponding to 2 465 918 new B-shares in Kebni, and raising 4 340 016 SEK for the company.

The Incentive Program 2022/2025 was resolved at the Annual General Meeting on 28 June 2022 and comprised of a total of 3,662,387 stock options (corresponding to a total of 3,662,387 new B-shares) and was granted to employees of the Company. The exercise price was set at 200 percent of the volume-weighted average share price over the fifteen trading days preceding the resolution. Following recalculation due to the rights issue in January 2023 the exercise price was set at 1,76 SEK. For each granted stock option the employee can aquire 1,03 new B-shares.

The second and final exercise period runs until 8 October 2025. The total outcome of the Incentive Program 2022/2025 will be announced after the conclusion of this period.