Vow ASA: Grant of synthetic options

Oslo, 4 March 2025: Reference is made to the exchange announcement published by Vow ASA (the "Company") on 5 February 2025 regarding the appointment of Gunnar Pedersen as its new Chief Executive Officer, effective no later than 1 August 2025. Mr. Pedersen has today been granted synthetic options equivalent to a value of NOK 1,000,000. The options are to be cash settled, subject to a 3-year term, a strike price of NOK 4 and customary terms and conditions.