(Oslo, Norway - July 9, 2025) Nordic Semiconductor ASA has today granted 402,000
Restricted Stock Units ("RSUs") to employees of newly acquired Memfault Inc. as
part of retention agreements.
On May 5, 2025, The Annual General Meeting of Nordic Semiconductor ASA approved
the issue of Restricted Stock Units and Performance Shares of an aggregate
nominal value of up to 1% of the company's outstanding share capital. In total,
including the grant on May 13, 2025, 1,513,262 RSUs and Performance Shares have
been granted, equivalent to 0.78% of the company's outstanding share capital.
As basis for the calculation of RSUs in today's grant, a volume weighted average
share price the five trading days following the closing of the acquisition of
NOK 137.38 has been used.
The RSUs will vest over four years and the shares will be delivered to the
employee after the vesting date against payment of the par value of the share
(subject to the employee's continued employment with the Company). The shares
may be newly issued shares or existing treasury shares.
This stock exchange announcement was published by Kine-Elena Reigstad, VP
International Finance, on July 9, 2025 at 17.00 CEST.