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Kitron GmbH Carl-Zeiss-Str. 3 72555 Metzingen, Germany http://www.kitron.com/
Contact Mr Tuomo Lähdesmäki +358 50 5879648
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Kitron GmbH

Kitron: Allocation of options

(PresseBox) (Großbettlingen, )
In 2015 the Board introduced a new share option program for executive management comprising up to 5,500,000 shares running for three years from the start of the second calendar quarter 2016.

The share option program entails that executive management, on certain terms, may be granted a right to subscribe for shares in Kitron ASA ("Kitron"). The share option program is further described in more detail in note 18 in Kitron's annual financial statements.

In accordance with the abovementioned share option program and the board of director's Declaration on salaries and other remuneration to the senior executive management, as approved by
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