Advisory Board established with global reach

Harmonychain is pleased to announce that we have established an advisory board. We are proud to present Matthew Carson as our first member of this advisory board. We expect more members in the coming months. Mr. Carson has a wide and extensive experience in the mining industry, operating in the industry for nine years with various roles, including two years as senior management for Northern Data Ag, a global B2B technology company developing, building and operating solutions on vertically integrated high-performance computing (HPC) infrastructure.

The Company shall issue Advisor a stock option to purchase 1,000,000 shares (“Option Shares”) of the Company’s common stock at an exercise price equal to four Norwegian Krones (4 NOK) per share + 15% of the difference between the Strike and Market Price (the 15% is to cover taxes owed to the Norwegian State for exercising the options) as a one off. The option agreement will be put forward for the Annual General Meeting approval, and will have a duration of 2 years. In addition, to the stock option package the Company shall also pay one-hundred thousand Norwegian Crowns (100,000 NOK) per year.

Ola Stene-Johansen comments «We are very pleased that Matthew is a part of our team. His experience from the mining business is impressive on a global scale. We expect many new creative ideas from the advisory board, in addition to supplementing our complementary skills to fulfill our global potential.»

For more information, contact: Ola Stene-Johansen, CEO Harmonychain AS, osj@lokotech.no

www.harmonychain.com

This information is subject to the disclosure requirements in accordance with the Securities Trading Act § 5-12.

https://newsweb.oslobors.no/message/551073

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