Business
BW Offshore: Exercise of employee share options
Exercise of employee share options BW Offshore has completed an exercise window under its Long-Term Incentive Program (LTIP), during which a total of 672,027 options were exercised by primary insiders. The Company's obligation under the program was settled using cash. The exercise price is NOK 37.35, corresponding to the five-day volume-weighted average price (VWAP) from 28 August 2025 to 3 September 2025, inclusive. The following primary insiders participated in the exercise window: Marco Beene
About this update from Bw Offshore Limited
Exercise of employee share options BW Offshore has completed an exercise window under its Long-Term Incentive Program (LTIP), during which a total of 672,027 options were exercised by primary insiders. The Company's obligation under the program was settled using cash. The exercise price is NOK 37.35, corresponding to the five-day volume-weighted average price (VWAP) from 28 August 2025 to 3 September 2025, inclusive. The following primary insiders participated in the exercise window: Following this settlement, BW Offshore has a total of 207,096 outstanding RSUs and 4,098,736 synthetic options. For further information, please contact: Ståle Andreassen, CFO, +47 91 71 86 55 [email protected] or www.bwoffshore.com About BW Offshore: BW Offshore engineers innovative floating production solutions. The Company has a fleet of FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,000 employees and is publicly listed on the Oslo stock exchange. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment
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