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ZAL: Exercise of employee share options under share incentive program

Zalaris
Oslo, 12 March 2026

Employees of Zalaris ASA has on 11 March exercised 83,600 share options, which
expired 10 days after the release of the financial report for the fourth quarter
2025. A total of 2,800 share options are settled in cash, while 80,800 share
options are settled by transferring 35,777 Zalaris shares, reflecting the gain
on those share options. For more information about Zalaris' share incentive
plans, please refer to the annual report for 2024.

The following primary insiders of Zalaris have exercised share options:

o Hans-Petter Mellerud, CEO: 10,000 options converted to 4,428 shares
o Hilde Karlsmyr, CHRO: 8,000 options converted to 3,543 shares
o Halvor Leirvåg, CTO: 8,000 options converted to 3,543 shares
o Øyvind Reiten, EVP Group Commercial and Sales: 8,000 options converted to
3,543 shares
o Richard Schiørn, EVP Solution & Delivery Global Managed Services: 8,000
options converted to 3,543 shares
o Gunnar Manum, CFO: 8,000 options converted to 3,543 shares

Please refer to the attached schedules for further details.

Contact:
Gunnar Manum, CFO
Mobil: +47 95 17 91 90

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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