Komplett Bank Annual Report 2021

Note 6 Share option programs The Bank has in 2021 and previous periods established share option programmes for employeess fixed and variable remuneration. Share options for variable remuneration are granted annually after the Annual Report has been approved by the Annual General Meeting (AGM), in line with the Bank’s guidelines for variable remuneration. I.e. the quantity of share options related to variable remuneration that was earned in 2021 will be allotted after AGM that is held in April 2022. The exact number of share options granted that is related to bonus will depend on the share’s market value at that time and other factors described in the Bank’s option plan. Share options for variable remuneration are vested annually over a period of 3 years, the first time one year after grant date. The Bank’s share option program (”SOP”) is assessed to satisfy the requirements for variable remuneration plans. The Bank’s variable remuneration related to share options releases in accordance with Chapter 15 of the Act on financial institutions and financial groups, with regulations and other applicable regulations for bank remuneration plans. OVERVIEWOF CHANGES IN OPTIONS 2021 2020 Quantity WASP 1 Quantity WASP 1 Outstanding options as at 1 January 3,768,701 1.00 4,145,179 1.00 + granted 715.693 1.00 2,117,533 1.00 - lost -19.712 1.00 - - - exercised -523.455 1.00 -2,494,011 1.00 - expired - - - - Outstanding options as at 31 December 3,941,227 1.00 3,768,701 1.00 Exercisable options as at 31 December 2,443,571 1.00 1,972,961 1.00 OPTIONS AS AT 31 DECEMBER 2021 Outstanding options Exercisable options Quantity Weighted average remaining earning period WASP 1 Quantity WASP 1 1.00 3,331,784 3.1 1.00 1,838,826 1.00 1.01 4.698 0.5 1.01 - 1.01 326.705 1.4 1.01 326.705 1.01 1.02 278.040 2.2 1.02 278.040 1.02 Total 3,941,227 2,443,571 1 Weighted average strike price (WASP) Fixed exercise price are NOK 1.00 for all outstanding options. Exercise price for options granted in 2015 and later also includes a variable price element equal to social security taxes at the exercise date. The Board is eligible to extend the exercise period for previously granted options. 60 Notes to the financial statements

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