Xplora Technologies AS establishes long-term loan facility of EUR 82 million

31 Mar 2025 16:35 CEST

Oslo, 31 March 2025 -- Xplora Technologies AS ("Xplora") has entered into a
long-term loan facility agreement with Nordea. The facility amounts to EUR 82
million with a maturity of four years.

The agreement secures attractive financing terms for Xplora, strengthens its
financial flexibility, and supports Xplora's strategy for growth and
expansion.

Following the entry into this loan facility the company settles all other
outstanding interest-bearing long-term debts.

For further information please contact:
Sten Kirkbak, CEO, +47 92203710, sten.kirkbak@xplora.com
Knut Stålen, CFO, +47 92043458, knut.stalen@xplora.com

About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market
for children's smartwatches. Xplora was founded to give children a safe
onboarding to the digital life and a better balance between screen time and
physical activity. Xplora's vision is to enable children around the world to
experience how their everyday activities can create value and make a positive
change in the world. The company is headquartered in Norway with operations in
leading European markets. Xplora is listed on Euronext Growth under the ticker
symbol XPLRA.

More information:
Access the news on Oslo Bors NewsWeb site

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