Oslo 21 March 2025 - Norwegian Block Exchange AS ("NBX" or "the Company"), the
first publicly listed cryptocurrencies exchange in the Nordics, has with
reference to the established share option program for employees granted 2
740,000 share options.

The vesting period of the share options are 20% after 18 months, 35% after 24
months and the remaining 45% after 36 months. The strike price of the options is
0,263 NOK, with a 4-year execution period after the up to 3-year vesting period.

The share options have been distributed among eligible employees, with the
following primary insiders granted the following share options:

Stig Aleksander Kjos-Mathisen, CEO: 1 000,000 share options. Following the
grant, Kjos-Mathisen holds a total of 1,733,912 share options in the Company.

Nicolai Lunde, CFO:  745,000 share options. Following the grant, Lunde holds a
total of 745,000 share options in the Company.

Trond Pettersen, Chief Risk & Compliance Officer:  545,000 share options.
Following the grant, Pettersen holds a total of 617,000 share options in the
Company.

Inna Romanenko, Head of AML: 75.000 share options. Following the grant,
Romanenko holds a total of 151,897 share options in the Company.

Alexandr Karpov, CTO: 125.000 share options, Following the grant, Karpov holds a
total of 214,714 share options in the Company.



Contact person:
Stig Kjos-Mathisen - CEO Mail: stig.aleksander.kjos-mathisen@nbx.com, Phone: +47
932 87 572

About NBX
Based in Oslo and registered with the Financial Supervisory Authority of Norway,
NBX is a publicly listed Norwegian cryptocurrency exchange, custodian and crypto
asset service provider.
NBX offers global customers easy and secure access to cryptocurrencies, based on
the advanced standards of its reference market: the Nordics. To learn more,
please visit www.nbx.com