Holders of employee options in Smartoptics Group AS (the "Company") have
exercised options giving the right to subscribe for a total of 586,306 new
shares at a strike price of NOK 12.97 per share. As a result of the exercise of
employee options, the Board of Directors of the Company has today resolved to
increase the Company's share capital by NOK 11 726.12 through the issuance of
586,306 new shares. The share capital increase was resolved pursuant to the
board authorization granted by the general meeting held on 8 May 2024. 

Following registration of the share capital increase pertaining to the issuance
of new shares, the share capital of the Company will be NOK 1 960 910.36,
divided into 98 045 518 shares, each with a par value of NOK 0.02.