COPENHAGEN, Denmark, 24 April 2025 - Napatech (OSLO: NAPA.OL) today reports that
the board of directors (the "Board") of Napatech A/S has decided to issue
warrants to the board members Patricia Kummrow, Shannon Poulin and Zane Ball. 

The Board's decision was made in accordance with the authorization to the Board
pursuant to article 7.11 of the company's articles of association, adopted by
the general meeting at the annual general meeting on 24 April 2025.

The authorization from the annual general meeting amounts to a total of 70,000
warrants (corresponding to a total nominal value of DKK 17,500.

A total of 10,000 warrants have been issued to each of Patricia Kummrow, Shannon
Poulin and Zane Ball. The warrants are subject to a 4-year linear vesting
period, with 25% of the granted warrants vesting yearly on 24 April, the first
time being on 24 April 2026. All of the Warrants will have vested on 24 April
2029. 

Each warrant entitles the holder to subscribe for one new share of nominally DKK
0.25, subject to the vesting mechanism. The warrants may be exercised at an
exercise price of NOK 22.80 per warrant, corresponding to the share trading
price at the close of business at the Oslo Stock Exchange on 24 April 2025 plus
20%.  

The issued warrants will be subject to the new Napatech Warrant Program 2025,
which is an integrated part of the company's articles of association. The
warrants may be exercised only after three years after the granting, upon their
vesting, and within five years after vesting.

Following this issue, Patricia Kummrow holds zero shares and 10,000 warrants in
the company, Shannon Poulin holds zero shares and 10,000 warrants in the
company, and Zane Ball holds zero shares and 10,000 warrants in the company.

For additional information, please contact:

Heine Thorsgaard, CFO
E-mail: htg@napatech.com