Oslo, 1 June 2023: Reference is made to the approval by the annual general
meeting of LINK Mobility Group Holding ASA ("LINK Mobility" or the "Company") on
31 May 2023 of updated guidelines for remuneration of executive management.

Based on the above approval, the board's decision to cancel and roll-over a
total of 2,666,000 share options from the previous long-term incentive program
from 2020, as amended in 2021, into a new long-term incentive program for the
Company's management and key employees (the "New 2022 LTI Program") and the
issuance of additional 12,550,000 share options under the New 2022 LTI Program
(resulting in total 15,216,000 share options currently being granted under the
New 2022 LTI Program) will become effective as from 7 December 2022.

The New 2022 LTI Program replaces the previous program from 2020, as amended in
2021, except for 1,470,000 options that will remain under the previous programs.

The main terms and conditions of the New 2022 LTI Program are as follows:

Total number of options that can be granted under the New 2022 LTI program is
16,000,000 (as will come in addition to the 1,470,000 outstanding and not
cancelled options granted under the 2020 and 2021 programs).

No performance conditions apply to the New 2022 LTI program, but vesting of
options, and in most circumstances exercise of options, is subject to the option
holder remaining an employee of the LINK Mobility group.

The options under the New 2022 LTI Program will vest during a 3-year period with
1/3 each year, and all options must be exercised within 12 months after the last
vesting date.

The exercise price for the first 1/3 of the options to be vested shall be based
on the market value of the Company's share at the grant date (calculated based
on the 5-day VWAP prior to the grant date) with the second 1/3 of the options to
be based on the market value at the grant date with an increase of 12% and with
the third 1/3 of the options to be based on the second vesting exercise price
with an increase of 12%, implying a strike price for the share options under the
New 2022 LTI Program of NOK  8.11, NOK 9.08 and NOK 10.17, correspondingly.

The options that will remain under the previous programs have exercises prices
of NOK 47.00 and NOK 20.89 respectively. In addition, certain of the outstanding
options from the 2020 and 2021 programs are held by former employees and have an
exercise period of up 12 months from their termination.

Further to the above, the following primary insiders of the Company have been
granted share options under the New 2022 LTI Program, including having cancelled
all their previous share options granted under the previous programs:

Thomas Berge, CEO of the Company, has been granted 2,000,000 share options under
the New 2022 LTI Program.

Morten Løken Edvardsen, CFO of the Company, has been granted 1,250,000 share
options under the New 2022 LTI Program. 

The share options are granted with the following vesting schedule and exercise
prices:

1/3 of the options will vest on 7 December 2023 and have an exercise price of
NOK 8.11
1/3 of the options will vest on 7 December 2024 and have an exercise price of
NOK 9.08
1/3 of the options will vest on 7 December 2025 and have an exercise price of
NOK 10.17

Primary insider notification pursuant to the EU Market Abuse Regulation Article
19 is attached.


For further information, please contact 

Tom Rogn, VP Investor Relations
+47 94 85 56 59 
tom.rogn@linkmobility.com 


About LINK Mobility 

LINK is an award-winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME, and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has 51,000 active customer accounts globally and
exchanges 17 billion messages a year. LINK is listed on the Oslo Stock Exchange
under the ticker LINK. For more information about LINK, please see
www.linkmobility.com and follow LINK Mobility on LinkedIn

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