Autostore Holdings Ltd. – Long-term incentive plan 2022 grants

(Nedre Vats, 8 July 2022) The remuneration committee, a subcommittee of the board of directors of AutoStore Holdings Ltd., (the "Company" or "AutoStore"), has, on 7 July 2022, approved a new long-term incentive plan ("LTIP") for certain members of the Company's management and other leading employees (the "Executives") in line with the terms as adopted by the annual general meeting of the Company held on 19 May 2022. The LTIP is designed to strengthen the Executives’ retention through the awarding of rolling out annual LTIP grants.