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Regulatory press release

Airthings ASA - Exercise of share options

Airthings
On February 6, 2025, employees in Airthings ASA ("the Company") have exercised 1
543 400 options. The options had an average strike price of NOK 0.56. Each share
option corresponds to one share.

Following the share options exercise, pursuant to authorization granted by the
Company's annual general meeting, the board of directors has resolved to
increase the Company's share capital by NOK 15 434,00 through the issuance of 1
543 400 new shares, of par value NOK 0.01. Following this increase, the
Company's share capital is NOK 1 993 018,46 divided into 199 301 846 shares
outstanding, each with a nominal value of NOK 0.01. In utilizing its
authorization, the board of directors has resolved to set aside existing
shareholders' pre-emptive rights to subscribe the new shares in order to satisfy
the Company's obligations under its option program.

No primary insiders exercised options in this round.

For more information, please contact:

Helge Øien, CFO
+47 913 19 242
helge.oien@airthings.com
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