Reference is made to the stock exchange announcement made by Smartoptics Group AS (the "Company") on 20 November 2023 regarding the resignation of the Company's CFO, Mikael Haag. As part of the termination of employment, the Company has today re-purchased all the 325,136 employee options held by Haag.

Please see the attached PDMR form for further details.

http://publish.ne.cision.com//Release/ViewReleaseHtml/F4A19F72D9A331E1E0C856B0705FC7D6

https://mb.cision.com/Main/17802/3879340/2441885.pdf

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