In accordance with the authorization granted by the annual general meeting on 16
May 2024, the Board of Directors of Xplora Technologies AS (the "Company") has
resolved to grant share options pursuant to the compensation program. 

A total of 324,675 share options has on 3 January 2025 been granted to primary
insider Sten Kirkbak (CEO, now holding a total of 550,000 share options). 

The exercise price is NOK 31,30 per share VWAP last 30 days. Each share option
gives the right to purchase one share in the Company. 1/3 of options granted
will vest after 1, 2, and 3 years respectively, and the options expire after 6
years. The total outstanding share options shall not exceed 7.5% of the total
number of outstanding shares in the Company. This means that the allocation of
new share options, including the share options referenced above, has a maximum
limit of 3,311,747 

This information is subject to disclosure requirements in Regulation EU 596/2014
(MAR) article 19 no. 3 and the Norwegian Securities Trading Act section 5-12. 

For more information, please contact: 
Sten Kirkbak, CEO, +47 92203710, sten.kirkbak@xplora.com 
Knut Stålen, CFO, +47 92043458, knut.stalen@xplora.com

About Xplora Technologies AS: Xplora is a platform and services company and an
industry leader in the market for children's smartwatches. Xplora was founded to
give children a safe onboarding to the digital life and a better balance between
screen time and physical activity. Xplora's vision is to enable children around
the world to experience how their everyday activities can create value and make
a positive change in the world. The company is headquartered in Norway with
operations in leading European markets. Xplora is listed on Euronext Growth
under the ticker symbol XPLRA.