First Half Annual Report for 2025

29 Aug 2025 08:00 CEST

The board has approved the half-year report and the unaudited half-year
financial statements.

Please see the attachment for the report in its entirety.

Highlights:

The turnover in H1 2025 was NOK 5,232,934 for the group.

The operating result was NOK - 18,861,734. The deficit in the group, NOK -
18,983,222, is mainly due to depreciation of R&D from previous years, operating
expenses and salary costs. The latter of NOK 9,771,684 includes an accounting
provision for the option programs, NOK 5,591,971, which has no cash effect.

The cash flow and operating expenses are otherwise as expected.

The group's cash balance was NOK 52,387,488 at the balance sheet date, and does
not include advances to suppliers of mask sets and related items of NOK
73,884,074.

For more information, contact the company at post@lokotechgroup.com

This information is subject to disclosure requirements pursuant to Section 5-12
of the Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

654204_Lokotech Group First Half Annual Report 2025.pdf