LINK Mobility: Q4 2025 Trading Update

02 Feb 2026 17:24 CET

Oslo, 2nd February 2026: LINK Mobility Group Holding ASA (“LINK” or the “Group”)
provides a trading update for the fourth quarter which is indicating lower
growth compared to the two previous quarters, following a year of significant
progress.

Full year 2025

2025 marked a year of solid progress. The Group completed three acquisitions,
broadening its geographical presence beyond Europe and adding more than NOK 300
million in cash EBITDA, at a blended acquisition multiple below 6x cash EBITDA.
SMSPortal in South Africa was the largest contributor. LINK also delivered
record-high customer contract wins, corresponding to NOK 175 million in expected
annual gross profit value, up 17% compared to 2024. Demand for CPaaS solutions
strengthened during the year, with CPaaS contracts now representing more than
40% of total contract wins. These developments support our confidence in LINK’s
trajectory and position the company for continued profitable growth.

Q4 preliminary results

Preliminary Q4 2025 results indicate reported gross profit of NOK 461 million,
representing a reported gross profit growth of 6% including M&A. On a
constant-currency basis, this represents an organic decline of approximately 4%
year-on-year, equivalent to a decrease in gross profit of NOK 17 million due to:

• A shortfall within the Global Messaging* segment, reducing gross profit by NOK
14 million year-on-year. This was driven by an existing client losing one of
their end-customers and temporary reduction in share of wallet with three other
customers, with a combined negative impact on gross profit of NOK 18 million.
LINK expects gradual improvement over the next quarters, supported by ongoing
execution of targeted commercial initiatives.

• Year-end accounting adjustments to accruals and COGS discounts had a negative
NOK 7 million impact in the quarter which are non-recurring in nature and were
connected to the Enterprise segment.

• Underlying Enterprise growth was NOK 4 million year-on-year. Underlying
Enterprise growth trends approximately NOK 12 million behind the previous two
quarters, primarily driven by NOK 9 million in lower-than-expected retail
campaign volumes in a seasonally strong campaign quarter and NOK 3 million from
Q4 churn.

“LINK has delivered strong and consistent growth over the past three years. The
fourth quarter was weak with a decline in organic performance compared to the
previous quarters. We consider this temporary and expect to return to growth
over the following quarters, supported by strong CPaaS momentum and solid
contract wins. We remain confident in our strategy, competitive position, and
long-term growth trajectory”, says Thomas Berge, CEO of LINK.

LINK will release its Q4 2025 financial results on Thursday, 12 February 2026,
at 06:00 CET. An audio webcast will be held later that day at 10:00 CET.

*Following an internal re-organisation in Q4, adjustments to segments, and hence
segment reporting, have been made. Further details will be provided in the Q4
reporting.

For further information, please contact:
Morten Løken Edvardsen, CFO & VP Investor Relations
+47 90 56 15 89
ir@linkmobility.com

About LINK Mobility
LINK is an award-winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has 60,000 active customer accounts globally and
exchanges 23 billion messages a year. LINK is listed on the Oslo stock Exchange
under the ticker LINK. For more information about LINK, please see
www.linkmobility.com and follow LINK Mobility on LinkedIn.

This information is considered inside information pursuant to the EU Market
Abuse Regulation and is subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.

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