Shapeways Holdings, Inc. Reports Inducement Grants Under NYSE Listing Rule 303A.08

Shapeways Holdings, Inc. (NYSE: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today reported that on November 15, 2022 (the “Grant Date”), the Compensation and Human Capital Committee of Shapeways’ Board of Directors (the “Committee”) granted Alberto Recchi 880,000 restricted stock units (“RSUs”), comprising (i) an employment inducement award consisting of 492,957 RSUs under the Company’s 2022 New Employee Equity Incentive Plan (the “Inducement Plan”) and (ii) 387,043 RSUs under the Company’s 2021 Equity Incentive Plan. As previously announced, Mr. Recchi has been appointed as the Company’s new chief financial officer, effective as of October 1, 2022. Mr. Recchi’s RSUs will vest over four years, with 25% of the RSUs vesting on the one-year anniversary of Mr. Recchi’s employment commencement date and 6.25% of the RSUs vesting quarterly thereafter, subject to earlier vesting in connection with a change of control.

In addition, on the Grant Date, the Committee granted an aggregate of 1,357,143 RSUs to 17 newly hired non-executive employees under the Inducement Plan. Each of these RSU awards will vest over four years, with 25% of each RSU award vesting on the one-year anniversary of each employee’s employment commencement date and 6.25% of each RSU award vesting quarterly thereafter, subject to the new employees’ continued service relationship with Shapeways through the applicable vesting dates.

The RSUs granted to the non-executive employees and to Mr. Recchi are subject to the terms and conditions of the applicable award agreements covering such grants and applicable equity incentive plan. The RSUs granted to the non-executive employees and to Mr. Recchi under the Inducement Plan were granted as employment inducement awards in compliance with NYSE Listed Company Manual Rule 303A.08.

About Shapeways

Shapeways is a leader in the large and fast-growing digital manufacturing industry combining high quality, flexible on-demand manufacturing powered by purpose-built proprietary software which enables customers to rapidly transform digital designs into physical products, globally. Shapeways makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process, and by providing a broad range of solutions utilizing 11 additive manufacturing technologies and approximately 100 materials and finishes, with the ability to easily scale new innovation. To date, Shapeways has delivered over 23 million parts to 1 million customers in over 180 countries. To learn more, please visit https://www.shapeways.com.