LINK Mobility Group Holding initiates NOK 300 million share repurchase program

03 Mar 2026 13:00 CET

(Oslo, 3 March 2026) - LINK Mobility Group Holding ASA ("LINK Mobility" or the
"Company") initiates share repurchase program that allows the Company to
repurchase shares for a total consideration of up to NOK 300 million. The
Company is not obligated to repurchase any shares under the program. The program
will be conducted during the period from 3 March 2026 until 27 May 2026. LINK
Mobility may, however, at any time suspend or terminate the program.

Reference is made the Company’s stock exchange announcement dated 23 February
2026 regarding the Board of Directors’ resolution to plan for initiation of a
share repurchase program in accordance with the authorization granted to the
Board of Directors by the Annual General Meeting held on 27 May 2025.

The repurchase program forms part of LINK Mobility’s ordinary shareholder
distribution for the financial year 2025 of NOK 300 million (equivalent to
approximately NOK 1 per share), as previously communicated. The distribution
will be effected through (i) cancellation of 8,000,000 treasury shares already
held by the Company, representing approximately NOK 164 million in value based
on the share price as of 2 March 2026, and (ii) approximately NOK 136 million
share repurchases with subsequent cancellation.

In addition to the share repurchase as part of the ordinary shareholder
distribution, the Board have initiated an extraordinary share repurchase,
increasing the repurchase program to a total of NOK 300 million. All shares
repurchased under the program will subsequently be cancelled.

In furtherance of the above, LINK Mobility announces today that it has put in
place an agreement with ABG Sundal Collier ASA ("ABGSC") for the repurchase of
the Company's shares. Under this agreement, ABGSC will make its own trading
decisions independently of, and uninfluenced by, LINK Mobility.

In order to comply with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and
Commission Delegated Regulation (EU) No 2016/1052 (collectively the "Safe
Harbour Rules"), the Company has provided the following required information:
(i) under the repurchase program, as may be effected under the agreement with
ABGSC, the Company may repurchase shares for a total consideration of up to NOK
300 million during the period from 3 March 2026 until 27 May 2026, however
limited to 25 million of its outstanding shares, (ii) the maximum number of
shares to be repurchased on any trading day is 25% of the average daily trading
volume during the month of February 2026, being the month preceding the month of
this disclosure, and (iii) the purpose of the repurchase program is to return
capital to shareholders through cancellation of shares.

Based on the share price at close 2 March, and subject to initiation and
completion of the repurchases, the combined ordinary and extraordinary programs
correspond to a planned cancellation of approximately 22,600,000 shares. The
final number of shares to be cancelled will depend on the actual repurchase
price achieved.

The Company cannot predict how many shares will be repurchased, if any, under
the agreement with ABGSC, or the timing of any repurchase or the price that will
be paid for any shares repurchased under the agreement.

The repurchase program will be completed in accordance with the Safe Harbour
Rules as further set out in the Norwegian Securities Trading Act of 2007 and the
Oslo Stock Exchange's Guidelines for buy-back programs and price stabilization.

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

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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