AutoStore awards long-term incentives to key management and employees

AutoStore Holdings Ltd. announced that its remuneration committee approved new grants under the 2025 long-term incentive plan (LTIP) on September 14, 2025, for various executives and leading employees. This plan aims to bolster retention and align management's interests with shareholder value creation through conditional grants of share options, performance share units (PSUs), and restricted stock units (RSUs).

A total of 4,457,588 share options were awarded, each granting the right to acquire one AutoStore share. These options vest on September 14, 2028, and can be exercised within 36 months at a strike price of NOK 7.9739 per option. Additionally, 3,328,426 PSUs were granted, with vesting contingent on achieving specific financial and performance goals, subject to board approval. The company also awarded 4,178,668 RSUs, which vest based on a time-based schedule 36 months from the grant date.

Key primary insiders, including chief executive Mats Hovland Vikse, chief financial officer Paul Harrison, chief operating officer Israel Losada Salvador, chief solutions officer Carlos Fernandez, chief strategy officer Bendik Førre, chief product officer Parth Joshi, general counsel Jenny Sveen Hovda, and chief commercial officer Keith White, received a combined total of 4,457,588 options and 3,328,426 PSUs. For example, Mats Hovland Vikse received 591,383 share options and 283,123 PSUs, while Paul Harrison was granted 1,624,168 share options and 777,566 PSUs. All share options and PSUs were granted at a price of NOK 0.