SmartCraft ASA (SMCRT) - Share buy back price guidance

18 Feb 2026 16:39 CET

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN UNITED STATES,
CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.

18 February 2026: Reference is made to the stock announcement on 16 February
2026, where SmartCraft ASA (the "Company") launched an offer to buy back shares
in the Company for a total consideration of up to NOK 75 million (the
"Offering").

Based on feedback from investors, the Company intends to acquire shares in the
Offering at a price between NOK 17.50 and NOK 18.00.

The Offering is carried out by means of a reverse book building process within
above price range, which ends on 20 February at 16:30 (CET). The Company has
mandated DNB Carnegie, a part of DNB Bank ASA as sole bookrunner. Shareholders
wanting to sell shares in the Offering are required to complete and send the
offer form to DNB Carnegie at demand@dnb.no before 20 February 2026 at 16:30
(CET). Existing customers of DNB Carnegie can contact DNB Carnegie at +47 24 16
90 20 with their respective volume and price.

The Company will - in the event of receiving offers for more than the share
equivalent to NOK 75 million at a price acceptable for the Company, allocate
shares at its discretion in accordance with the best interest of the Company,
with the equal treatment of shareholders as the primary objective.

For further information, please contact:

DNB Carnegie, demand@dnb.no, +47 24 16 90 20

Kine Kragholm Olsen, Interim CFO, +47 92 64 35 30, kine.olsen@smartcraft.com

IMPORTANT NOTICE

The Offering will be carried out in accordance with applicable laws and
regulations and information pertaining to the Offering will be disclosed by way
of stock exchange notices.

The information contained herein about the Offering is considered to be inside
information pursuant to the EU Market Abuse Regulation (MAR) and is subject to
the disclosure requirements pursuant to MAR article 17 and section 5-12 of the
Norwegian Securities Trading Act. This stock exchange release was published by
Kine Kragholm Olsen, CFO on 18 February at [16:30] (CET).

Shareholders considering to tender their shares in the Offering are advised to
consult with their own tax advisers with respect to the tax position in their
country of residence or other jurisdictions to which they may have a tax
liability as a result of a sale of shares in the Offering.

The Offering and the distribution of this announcement and other information in
connection with the Offering may be restricted by law in certain jurisdictions
(including, but not limited to, the United States, Canada, Australia and Japan).
Neither the Company nor the bookrunner in the Offering assume any responsibility
in the event there is a violation by any person of such restrictions. This
includes shareholders who have changed their domicile to such jurisdictions but
which may access their VPS accounts. Persons into whose possession this
announcement or relevant information should come are required to inform
themselves about and to observe any such restrictions. The Offering is not being
made directly or indirectly in, or by use of the mails of, or by any means or
instrumentality of interstate or foreign commerce of, or any facilities of a
national securities exchange of, the United States of America, its territories
and possessions, any State of the United States and the District of Columbia
(the "United States") or any other jurisdiction in which this would be unlawful,
require registration or other measures. This includes, but is not limited to,
facsimile transmission, internet delivery, e-mail and telephones. Copies of this
release and any related documents are not being, and must not be, mailed, e
-mailed or otherwise distributed or sent in or into the United States or any
such jurisdiction and so doing may invalidate any purported offer and
acceptance.

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 14 100 customers and 270
employees distributed across Norway, Sweden, Finland and UK. SmartCraft was
listed on the Oslo Stock Exchange in June 2021.

More information:
Access the news on Oslo Bors NewsWeb site