Lea bank ASA (LEA) - Grant of share options to primary insiders

Reference is made to the stock exchange announcement on 17[th] April 2024regarding the Annual General Meeting where it was resolved to grant the BoardofDirectors an authorisation to issue shares in connection with the company'sincentive program.  On 6[th] May 2024, primary insiders in Lea bank ASA weregranted a total of 2,305,000 share options in Lea bank ASA (LEA). The shareoptions were granted as follows:

Oddbjørn Berentsen, Chief Executive Officer (CEO), has been granted 915,000share options. Following the grant, Berentsen holds 915,000 options.

Gard Haugen, Chief Financial Officer (CFO), has been granted 415,000 shareoptions. Following the grant, Haugen holds 415,000 options.

Christian Svendsen, Chief Credit Risk Officer and Chief of Revenue Management(CCRO), has been granted 415,000 share options. Following the grant, Svendsenholds 415,000 options.

Geir Jørgensen, Chief Risk and Compliance Officer (CRO and CCO), has beengranted 315,000 share options. Following the grant, Jørgensen holds 315,000options.

Øystein Fjalestad, Chief Technology Officer (CTO), has been granted 245,000share options. Following the grant, Fjalestad holds 245,000 options.

The granted share options vests one-third each anniversary from the grant dateand vested options may be exercised until expiry four years following thegrant.Each share option corresponds to one share and the strike price is NOK 8.00pershare with an annual step up of 5% and adjustment for paid dividends.

Please see attached notifications for persons discharging managerialresponsibilities in accordance with Regulation EU 596/2014 (MAR) article 19andsection 5-12 of the Norwegian Securities Trading Act.

Contact information:

Oddbjørn Berentsen, CEO

Phone: +47 22 99 14 00

Email: ir@leabank.no

https://newsweb.oslobors.no/message/617829