Alvotech SA Announces New Stock Option Grants for Board Directors Under Revised Compensation Plan

Reuters
07/02
<a href="https://laohu8.com/S/ALVO">Alvotech</a> SA Announces New Stock Option Grants for Board Directors Under Revised Compensation Plan

Alvotech SA has announced new stock option grants for four independent board directors, in line with the company's Remuneration Policy approved at the Annual General Meeting on June 6, 2023. At the 2025 AGM held on June 25, each director received a stock option grant to purchase up to 24,784 Alvotech shares at an exercise price of USD 9.28 per share, set by the opening price on Nasdaq US on the grant date. The options will vest over a three-year period, with one-third vesting annually, and are contingent on the directors remaining on the board at the time of vesting. These grants are part of Alvotech's Equity Incentive Plan approved in 2022.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alvotech SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001115910-en) on July 01, 2025, and is solely responsible for the information contained therein.

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