SmartCraft ASA (SMCRT) - Share buy back result

20 Feb 2026 20:48 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.

20 February 2026: Reference is made to the notice issued on 16 February 2026,
where SmartCraft ASA (the "Company") launched an offer to all shareholders to
purchase shares in the Company for a total consideration of up to NOK 75 million
through a reverse book building process (the "Offering"). The application period
expired at 16:30 hours (CET) on 20 February 2026.

Following the end of the application period, the Company has resolved to buy
4,166,666 shares at a price per share of NOK 18.

Allocation notifications will be sent to shareholders having tendered shares in
the Offering on or about 23 February 2026. The trade date will be 23 February
2026 and the settlement date is expected to be on or about 25 February 2026. The
settlement will be conducted on a normal delivery-versus-payment basis (DVP) or
through the VPS system.

The Company currently has a total of 171,522,305 shares issued. Following
settlement of the Offering, SmartCraft ASA will own 11,293,403 shares.

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 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 or 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:
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