H+H International A/S (hereinafter "H+H" or "the Company") has initiated the 2026 long-term incentive programme ("LTIP") being a performance share unit ("PSU") programme. The LTIP terms are determined by the Board of Directors and comply with the Remuneration Policy for Board of Directors and Executive Board available on H+H's website. The purpose of the LTIP is to motivate participants to pursue and reach the targets for the long-term key performance indicator targets defined by the Board of Directors.

The Executive Board of H+H as well as certain key employees in the H+H Group are eligible to participate in the LTIP and be granted PSUs free of charge. The value of the PSUs granted to an executive board member under a LTIP may not at the time of grant exceed 60% of the executive board member's annual fixed salary.

A total of approximately 133,100 PSUs are set to be granted to participants, including 41,650 PSUs to CEO Jörg Brinkmann and 17,500 PSUs to CFO Bjarne Pedersen.

Based on the average share price for a H+H share on the Nasdaq Copenhagen stock exchange during the first ten business days after the release on 3 March 2026 of the H+H annual report for 2025, the theoretical value per PSU in the LTIP 2026 is DKK 83,45 corresponding to a total theoretical value at initiation of DKK 11,107,195 if all 133,100 PSUs were to vest. The actual number of the granted PSUs that will vest by the end of the vesting period around March 2029 depends on the level of achievement of the KPI targets set for LTIP 2026. At vesting, the participants will receive one H+H share per PSU that vests.