Notice to Attend the Extraordinary General Meeting in Smart Eye Aktiebolag (publ) - Seite 3

Employees shall be allotted Warrants free of charge no later than 30 November 2021 (the "Allotment Date"). LTIP 2021:2 will include certain senior executives and other employees (approximately 126 current employees in total), and participants who may be employed within the Smart Eye group in the foreseeable future, and shall, following a decision by the Company's Board of Directors, mainly be distributed in accordance with the following:

1. The deputy CEO in Affectiva Inc. may be allotted no more than 7,500 Warrants in total.
2. Other senior executives may together be allotted no more than 25,000 Warrants in total.
3. Other key employees may together be allotted no more than 50,000 Warrants in total.
4. Other employees may together be allotted the remining Warrants which will amount to no more than 55,000.

Subject to the fulfilment of certain conditions, each Warrant entitles the holder to acquire one share in the Company at a predetermined price during the period from (and including) 15 November 2024 to (and including) 15 December 2024. The price per share shall correspond to 125 percent of the volume weighted average price of the Smart Eye share during the five trading days preceding the Allotment Date. The subscription price shall be paid in cash.

In order for the Warrants to entitle the participant to acquire a share:

1. the participant must have been employed by the Smart Eye group until (and including) the date of the publication of the Company's financial report for the third quarter of 2024 or, if no such report is made public, 1 November 2024 (the "Vesting Period"), and
2. the total shareholder return based on share price increases and reinvestment of any dividends shall amount to at least 30 percent calculated on the volume weighted average price 10 trading days before the meeting and the volume weighted average price 10 trading days prior to the publication of the Company's quarterly financial report for the third quarter 2024 or, if such a report is not published, 1 November 2024, as applicable.

The exercise price as set out above shall be rounded to the nearest SEK 0.10, whereby SEK 0.05 shall be rounded downwards. The exercise price and the number of shares that each Warrant entitles to subscription for shall be recalculated in the event of a split, consolidation, new share issue etc. in accordance with market practice.