Based on the authorization granted by the Annual General Meeting of shareholders held on 27 March 2018, DT’s Board of Directors on 27 September 2018 decided to issue maximum 760,000 stock options to DT Group’s management and other key personnel. The stock options are offered free of charge. Each stock option entitles to subscribe for one existing of new share of DT as in each case decided by the Board of Directors.

The purpose of the stock options is to motivate the key personnel to work on a long-term basis to increase the shareholder value of the company as well as to form part of the incentive and commitment program of the key persons.

The stock options will be issued in separate series, which will be marked with symbols 2018A1, 2018A2, 2018B1 and 2018B2. The combined aggregate number of stock options either marked with the symbol 2018A1 or 2018A2 is 380,000 and the combined aggregate number of stock options either marked with the symbol 2018B1 or 2018B2 is 380,000.

The share subscription period with the stock options 2018A1 and 2018A2 is from 2 May 2021 until 31 May 2022 and with the stock options 2018B1 and 2018B2 from 2 May 2022 until 31 May 2023.

The share subscription price with the stock options 2018A1 and 2018A2 is the trade volume weighted average price of the company’s share in public trading during 29 August 2018 – 26 September 2018. The share subscription price with the stock options 2018B1 and 2018B2 will be the trade volume weighted average price of the company’s share in public trading during 2-27 September 2019.

The Board of Directors on 27 September 2018 confirmed that the share subscription price with the stock options 2018A1 and 2018A2, determined as the average price during the above-mentioned trading period, is €22.26. The subscription price will be further reduced based on the grounds stipulated in the stock option terms and conditions such as for example based on dividends distributed before shares with the stock options are subscribed.

The Board of Directors on 27 September 2018 also decided to grant in total 376,000 stock options to approximately 60 individuals within the stock options series 2018A1 and 2018A2.