On November 9, 2023, employees in Airthings ASA ("the Company") have exercised
328 600 options. The options had an average strike price of NOK 0.73. Each share
option corresponds to one share.

Following the share options exercise, pursuant to authorization granted by the
Company's annual general meeting, the board of directors has resolved to
increase the Company's share capital by NOK 3 286,00 through the issuance of 328
600 new shares, of par value NOK 0.01. Following this increase, the Company's
share capital is NOK  1 977 584,46 divided into 197 758 446 shares outstanding,
each with a nominal value of NOK 0.01. In utilizing its authorization, the board
of directors has resolved to set aside existing shareholders' pre-emptive rights
to subscribe the new shares in order to satisfy the Company's obligations under
its option program. 

No primary insiders exercised options in this round.

For more information, please contact:

Magnus Bekkelund, interim CFO 
+47 480 78 845
magnus.bekkelund@airthings.com

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