SmartCraft ASA (SMCRT) - Process to explore a potential relisting to Nasdaq Stockholm initiated

16 Jun 2025 07:00 CEST

16 June 2025 - The Board of Directors of SmartCraft has resolved to initiate a
process to explore a potential transfer of the company's share listing from Oslo
Børs to Nasdaq Stockholm.

SmartCraft's largest single market by revenue is Sweden, and Nasdaq Stockholm
has attracted a large number of listed Software-as-a-Service (SaaS) companies as
well as investors with a high degree of familiarity with the SaaS business
model. The Board of Directors believes that a potential relisting to Stockholm
could drive awareness of SmartCraft, deepen the investor interest in SmartCraft
and unlock additional liquidity pools.

SmartCraft was listed on Oslo Børs 24 June 2021 following an initial placement
of NOK 1.2 billion. Since then, the company has increased its annual recurring
revenue (ARR) by 85 percent driven by a combination of organic and acquisition
driven growth, while consistently producing high operating margins and strong
cash flow. SmartCraft's market capitalization has increased with 46 percent
since the listing.

The company will return with more detailed information when the evaluation has
been concluded.

Contact information:
Kjartan Bø, CFO of SmartCraft
Email: kjartan.bo@smartcraft.com
Phone +47 410 27 000

About SmartCraft:
SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to
SMEs in the construction sector, increasing their productivity, margins, and
resource efficiency. The Group currently has more than 13 400 customers and 270
employees distributed across Norway, Sweden, Finland and UK. SmartCraft was
listed on the Oslo Stock Exchange in June 2021.

More information:
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