16 August 2023

Windward Ltd.

("Windward", "the Company" or "the Group")   

  Extension of certain share options

Windward (LON: WNWD), a leading Maritime AI company, announces an update in respect of certain existing share options.

As set out in the Company's admission document, in 2011 the Company created a share option scheme for employees which was replaced by a new share option scheme in 2021. At the time of admission to AIM, under the 2011 share option scheme there were share options outstanding. Share options in respect of one employee totalling 39,975 share options are due to expire on 2 January 2024, whilst the remaining unexercised share options are not due to expire by 2 January 2024. The Board of directors has agreed to an extension of the exercise date of the 39,975 share options for a further 10 years.

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About Windward

Windward (LSE:WNWD), a publicly-traded company on the London Stock Exchange, is a leading Maritime AI company, enabling organizations to achieve business and operational readiness. Windward's AI-powered solution allows stakeholders including banks, commodity traders, insurers, and major energy and shipping companies to make real-time, predictive intelligence-driven decisions, providing a 360° view of the maritime ecosystem and its broader impact on safety, security, finance, and business. For more information visit: https://windward.ai/.