Kitron receives order valued at EUR 44 million driven by rising demand for Data center electrification

18 Dec 2025 15:44 CET

(2025-12-18) Kitron has received an order valued at EUR 44 million for the
production and supply of advanced electronic components used in energy storage
and electric grid balancing systems. The order is closely linked to increasing
demand from the fast-growing data center segment, where large-scale
electrification, resilience, and power-balancing capabilities have become
critical.

The order represents an expansion of existing business and underlines Kitron's
role as a trusted supplier of complex, high-reliability electronics supporting
the global shift toward more energy-intensive digital infrastructure. As data
centers scale rapidly, the need for robust energy storage and grid-balancing
solutions is accelerating-and Kitron is well positioned to support this trend.

Deliveries under the order are scheduled to begin in 2026, and production will
take place at Kitron's facility in the United States, enabling proximity to
several emerging data center clusters.

For further information, please contact:
Peter Nilsson, President and CEO, tel. +47 948 40 850
Hans Petter Thomassen, VP Central Nordics and North America, tel. +47 913 92 360
Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)

Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical Devices and
Defence/Aerospace sectors. The group has operations located in Norway, Sweden,
Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China
and the United States. Kitron has about 3 000 employees, and revenues were EUR
647 million in 2024.
www.kitron.com (http://www.kitron.com)

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock
exchange announcement was published by Cathrin Nylander, CFO of Kitron ASA, at
the time and date stated above in this announcement.

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