#Norway #Oslo #Opera Limited #Annual General Meeting #Employee Incentives

Upcoming Annual General Meeting of Opera Limited

Opera Limited, a prominent global browser and AI agent company, is set to hold its annual general meeting (AGM) on December 9, 2025, at 10:00 AM Central European Time. This significant event will take place at Opera's offices located in Wroclaw, Poland. The meeting is expected to engage shareholders in discussions about the company’s strategies and incentives designed to motivate and retain key talent.

Agenda Highlights

Among the critical points on this year's agenda is a proposal aimed at adjusting the company's employee equity incentive plan. This proposal seeks to expand the available awards, a move designed to attract, motivate, and reward the talents that contribute so significantly to Opera’s success.

Details of the Proposal

The proposed changes include:

• - An addition of two million American depositary shares (ADSs) to the company’s equity incentive allocation.
• - An ongoing annual increase of one million ADSs each January 1, starting January 1, 2026. This increment aims to provide continued incentives for the company's officers, employees, and directors.

These adjustments demonstrate Opera's commitment to linking its employees' interests to those of its shareholders, thereby fostering a culture of shared success in the company.

Background on Incentive Plans

Opera initially adopted the Restricted Share Unit Plan in April 2017, which was later amended in January 2019 to enhance employee and shareholder engagement through long-term incentives. This plan permits up to 10 million ordinary shares for awards, which amount to the same for ADSs. As of the end of Q3 2025, Opera has awarded approximately 9.75 million ADSs through this program, with a portion currently vested and others set to vest in the coming years.

Proposed Amendment Goals

The proposed amendment aims to increase the share reserve from 10 million to 12 million ADSs, equating to around 2.2% of the company’s total shares outstanding. The amendment ensures the company remains capable of granting awards that are vital for maintaining high motivation levels among employees while aiming for sustainable business success.

Record Date and Voting Rights

The record date for shareholders to be part of the 2025 AGM has been set for November 4, 2025. Those holding Opera’s ordinary shares at this time are entitled to attend and vote during the meeting, thus playing an active role in shaping the company’s direction. Shareholders who wish to vote on the underlying ordinary shares through their ADSs need to coordinate with the depositary, The Bank of New York Mellon.

The meeting notice, outlining the resolutions to be voted on, can be accessed through Opera's official investor relations portal. The proposals will be subjected to a simple majority vote, emphasizing the importance of shareholder engagement in corporate governance.

About Opera

Founded in 1995 and headquartered in Oslo, Norway, Opera is dedicated to providing innovative software solutions that enhance the internet browsing experience. Its browsers are utilized by millions globally, noted for their speed, security, and unique features, including advanced AI capabilities. Opera is listed on the NASDAQ (ticker: OPRA) and continuously expands its offerings to better serve its users. For more information on Opera's operations and products, visit the official website at opera.com.

As the AGM approaches, all stakeholders are invited to participate actively, ensuring their voices are heard in discussions that guide the future of Opera Limited.