FirstFarms A/S allocates warrants

Core Points - FirstFarms' Board of Directors has decided to issue 42,000 warrants, allowing the subscription of shares totaling 420,000 DKK [1] - The exercise price for the warrants is set at 65.16 DKK per share, with allocations made cost-free to Co-CEOs and other managers [2] - The total market value of the issued warrants is estimated at 546,040 DKK, calculated using the Black-Scholes model [4] Summary by Sections Warrants Allocation - The Board has allocated 25,000 warrants to the two Co-CEOs and 17,000 warrants to other managers [2] - The warrants can be utilized within a 4-week period following the release of the annual report for the year 2027 [2] Conditions of Utilization - If an employee resigns as a "bad leaver," unutilized warrants will lapse immediately without compensation [3] - Employees resigning as "good leavers" will retain their rights to the allotted warrants [3] Financial Valuation - The market value of the warrants is based on a volatility of 11%, a risk-free interest rate of 2% per annum, and a share price of 75.00 DKK [4] - The estimated annual value of the warrants is 182,000 DKK until potential utilization [4] Company Overview - FirstFarms is a Danish stock exchange-listed company focused on sustainable operations and community responsibility [6]