Incentive programs

Precise Biometrics AB has currently one outstanding option program, “Option program 2014/2017” approved by the Annual General Meeting (AGM) 2014. The AGM of Precise Biometrics AB 2014 decided to launch an incentive program to management employees and employees in the company. The program has duration of three years and runs until December 31, 2017. The program includes a total of 8,000,000 warrants. The warrant price was set at SEK 0.10 and the strike price at SEK 2.50. Each option entitles the holder to acquire 1 share in the company. If all warrants are used in the 2014/2017 option program a dilution of 2,3 % of the shares and votes in the Company.