AutoStore Holdings Ltd. – Long-term incentive plan 2024 grants

Nedre Vats, 11 September 2024: The remuneration committee, a subcommittee of the board of directors of AutoStore Holdings Ltd. (the "Company" or "AutoStore", OSE: AUTO), has, on 11 September 2024, approved new grants under the long-term incentive plan for 2024 ("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 was first launched in 2022 and continued in 2023 and now in 2024. The LTIP is designed to strengthen the Executives retention through the awarding of rolling out annual LTIP grants.