Bergen, 23 May 2025: Bergen Carbon Solutions AS (BCS, OSE: BCS)

Bergen Carbon Solutions AS has on May 23rd granted 470,000 stock options to
employees at a strike price of NOK 3.2186 per share. The strike price for the
options granted is based on the volume-weighted average price for the 10 trading
days before award date.
First 30% of the vested options can be exercised after two years, remaining 70%
can be exercised after three years. Expiry date for all options is after five
years (May 2030). Each stock option corresponds to one share.

The following primary insiders of Bergen Carbon Solutions have been awarded
stock options as part of the grant:

o Odd Strømsnes, CEO: 40,000 options
o Karina Brudeseth, CFO: 40,000 options
o Fredrik Øksnes, CCO: 40,000 options
o Håvard Husby, Technology Manager: 40,000 options
o Wenting Xu, Technology Manager: 40,000 options


After this award:
o Strømsnes, CEO, holds 440,000 stock options and 30,000 shares
o Brudeseth, CFO, holds 205,000 stock options
o Øksnes, CCO, holds 205,000 stock options
o Husby, Technology Manager, holds 205,000 stock options, and 20,000 shares
o Xu, Technology Manager, holds 70,000 stock options

in Bergen Carbon Solutions AS.

Bergen Carbon Solutions have granted a total of 2,299,000 stock options under
the program to employees and primary insiders.