Option programs

On April 1, 2021, the Company’s Board of Directors decided on a share option program and granted a maximum of 150 000 option rights, and hence entitlement to subscribe to an equal number of the company’s A-series shares. After the combination of the share series, shares of the only share series of the Company can be given based on option rights. The share subscription period for stock options was 3 to 16 March, 2021, and the company’s Board of Directors is entitled to extend the subscription period. The share subscription price for one share is EUR 3.32. The share subscription price per share can be lowered, if, before the subscription of shares, the Company grants new shares to existing shareholders relative to the percentage of their current shareholdings. However, the minimum issue price per share is always at least EUR 0.01. These share acquisitions based on the option programs must take place in the period December 31, 2023 – December 31, 2026.