Huddly AS – Q4 2025: 42 % Annual Revenue Increase, Growth Driven by Strategic Partnerships

24 Feb 2026 16:40 CET

Oslo, 24 February, 2026: Huddly reported revenues in Q4 2025 of NOK 64 million,
up 26 % from Q4 2024. The revenue growth is primarily driven by strong progress
in the Strategic partner segment, which delivered its highest revenue since Q1
2023. Gross margin was 44 % in the quarter, and 46 % for full-year 2025.

Cash flow from operating activities was positive NOK 3.6 million in the fourth
quarter of 2025 compared to negative NOK 41.8 million in the same period in
2024.

Huddly accomplished several important goals set out in its business plan during
the fourth quarter of 2025. The partnership with Shure gained momentum through
2025, while first shipment to Jabra began in Q4 2025. Lenovo joined as a
Strategic partner in January 2026, with first customer shipments estimated to
commence in Q2 2026.

Today, Huddly announces a contemplated private placement of between NOK 55 – 75
million to inter alia bridge funding until expected cash flow positive in second
half of 2026. See separate stock exchange release for details concerning the
contemplated private placement. The change in the financial calendar and the
acceleration of the publication of the Q4 2025 results to today are due to the
contemplated private placement.

The Q4 2025 presentation will be streamed, with CEO Rósa Stensen and CFO Abhijit
Banik presenting on 25 February 2026 at 08:00 CET. A Q&A will follow directly
after the presentation. Questions may be submitted to ir@huddly.com or live
during the session.

Access the Q4 2025 presentation and Q&A through the following link:
https://events.streamhub.no/huddly/QecnctRkvMv9EDYZ5hbD/MG3F89dysGyvylPmABG3

A recording of the presentation and Q&A session will be published on the
company’s website.

For more information, please contact:
Abhijit Banik, CFO
Mobile: +47 408 30 964
E-mail: abi.banik@huddly.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 MAR article 17, Euronext Growth Oslo Rule Book – Part II, section
3.9 and section 5-12 of the Norwegian Securities Trading Act. This stock
exchange announcement was published by Abhijit Saha Banik, CFO of the Company,
on 24 February 2026, at XX:00 CEST. This announcement may include projections
and other "forward-looking" statements within the meaning of applicable
securities laws. Any such projections or statements reflect the current views of
the Company about further events and financial performance. No assurances can be
given that such events or performance will occur as projected and actual results
may differ materially from these projections. The Company undertakes no
obligation to publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date of this announcement.

About Huddly AS

Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in to empower human collaboration.
Combining our industry-leading expertise in artificial intelligence, software,
hardware, and UX, we craft intelligent camera systems that enable inclusive and
productive teamwork. Huddly cameras are designed to provide high-quality,
AI-powered video meetings on major platforms, including Microsoft Teams, Zoom,
and Google Meet. With upgradable software, durable hardware, and engaging user
experiences, they are the ideal choice for organizations seeking a future-proof,
scalable, and sustainable solution. Founded in 2013, Huddly is headquartered in
Oslo, Norway, with presence in the US and EMEA and distribution globally.

More information:
Access the news on Oslo Bors NewsWeb site

666611_Huddly AS - Q4 2025 - Report.pdf
666611_Huddly AS - Q4 2025 - Presentation.pdf