Grant of share options to primary insiders in NRC Group ASA

Based on the authorization granted by the Annual General Meeting on 8 May 2025, authorizing the Board of Directors of NRC Group ASA (the "Company") to issue up to 6.4 million share options under the Company's long-term incentive program, the Board has resolved to grant a total of 1.6 million share options to selected senior executives.
 
Each share option entitles the holder, upon exercise, to acquire one share in the Company. The share options are granted without consideration.
 
The share options may be exercised no earlier than 1 April 2028 and will expire 12 months thereafter. Any options not exercised by the expiry date will lapse without compensation. The strike price of NOK 7.90 is based on the average closing price of the Company's shares on Oslo Børs during the period 1 to 26 March 2026.
 
Primary insiders in the Company have been granted the following share options under the terms described above:
 

• Anders Gustafsson, CEO, has been granted 550,000 share options
• Åsgeir Nord, CFO, has been granted 250,000 share options
• Harri Lukkarinen, EVP and MD NRC Finland, has been granted 250,000 share options
• Tomas Johansson, EVP and MD NRC Sweden, has been granted 250,000 share options
• Lene Engebretsen, EVP and Head of Strategy, Sustainability and Communications, has been granted 100,000 share options
• Marianne Kellmer, EVP and Head of People, Culture and Digitalisation, has been granted 100,000 share options

For information on the grants to primary insiders, please see the attached form.