In accordance with the authorization granted by the annual general meeting on 16
May 2023, the Board of Directors of Xplora Technologies AS (the "Company") has
resolved to grant share options pursuant to the compensation program. 

A total of 1,594,158 share options has on 6 November 2023 been granted to
primary insiders, distributed as follows: 

-	Sten Kirkbak (CEO) has been granted 225,325 share options (now holding a total
of 550,000)
-	Sanghyo Kim (CTO) has been granted 375,000 share options (now holding a total
of 375,000)
-	Kjetil Fennefoss (COO) has been granted 125,000 share options (now holding a
total of 375,000)
-	Knut Stålen (CFO) has been granted 275,000 share options (now holding a total
of 275,000)
-	Jason Pyne (EVP) has been granted 225,000 share options (now holding a total
of 225,000)
-	Jonas Ringstad (EVP) has been granted 225,000 share options (now holding a
total of 225,000)
-	Svenn Jarle Simonsen (EVP) has been granted 143,833 share options (now holding
a total of 225,000) 

The exercise price is NOK 14,90 per share VWAP last 30 days. Each share option
gives the right to purchase one share in the Company. 

1/3 of options granted will vest after 1, 2, and 3 years respectively, and the
options expire after 6 years. The total outstanding share options shall not
exceed 7.5% of the total number of outstanding shares in the Company. This means
that the allocation of new share options, including the share options referenced
above, has a maximum limit of 3,125,000. 

This information is subject to disclosure requirements in Regulation EU 596/2014
(MAR) article 19 no. 3 and the Norwegian Securities Trading Act section 5-12.

For more information, please contact: 
Sten Kirkbak, CEO, +47 92203710, sten.kirkbak@xplora.com
Tore Engebretsen, Chairman +47 908 66 756, tore@vv12.no 

About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market
for children's smartwatches. Xplora was founded to give children a safe
onboarding to the digital life and a better balance between screen time and
physical activity. Xplora's vision is to enable children around the world to
experience how their everyday activities can create value and make a positive
change in the world. The company is headquartered in Norway with operations in
leading European markets. Xplora is listed on Euronext Growth under the ticker
symbol XPLRA.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange