16 Mar 2026 08:00 CET

Issuer

Xplora Technologies AS

Oslo, Norway / Linz, Austria -- 16 March 2026 -- Xplora Technologies AS
("Xplora") today announces that it has agreed key terms for the acquisition of
100% of the shares in the emporia Group ("emporia") for an undisclosed
consideration.

Founded over 30 years ago, emporia is established as the market leader in
senior mobile phones in Germany, Austria and Switzerland ("DACH" region) with
annual sales of more than 300,000 devices across Europe. Its gross margin is
in line with Xplora's device margins. The company has built a strong brand and
an extensive distribution network primary within the DACH region and is widely
recognized for its user-friendly mobile solutions designed specifically for
the senior segment.

The acquisition fully aligns with Xplora's platform strategy and follows the
same strategic rationale as the previously completed acquisition of Doro. By
combining emporia's established hardware presence with Xplora's subscription
platform and MVNO capabilities, Xplora intends to deploy its own SIM and
service offering across emporia's device base to unlock new recurring revenue
opportunities.

emporia's strong position in the DACH region complements Doro's market
leadership in the UK, France, and the Nordics. Together, the companies provide
broader geographic coverage and a strengthened technology base, enabling them
to leverage each other's capabilities, market positions, and established
partnerships. The overlap in distribution channels and customer segments is
expected to further strengthen Xplora's position in the senior mobile category
and support the Group's ambition to expand its subscription base across
connected mobile services.

"By bringing emporia into the Xplora family, we are not just expanding our
hardware footprint but also scaling our subscription platform. emporia's deep
roots in the senior segment and their 'simplicity' philosophy are the perfect
complements to our existing offerings. This transaction represents a strategic
leap in Xplora's mission to become the leading global platform for family
safety," says Sten Kirkbak, CEO of Xplora.

Eveline Pupeter, CEO and sole owner of emporia, stated: "After 20 years of
building emporia into a trusted household name, I am proud to embark on this
journey with Xplora. Their platform expertise and operational and financial
strength will provide the scale necessary to ensure that emporia's vision of
accessible technology continues to flourish."

In line with Xplora's communicated M&A strategy, the company expects the
transaction to be earnings accretive from the first year following completion.
The parties have signed a term sheet, and completion of the transaction
remains subject to due diligence, final transaction documentation, as well as
corporate approvals and other customary closing conditions

The transaction price is not disclosed, and the company intends to finance the
transaction using existing funds. Subject to the satisfaction of all
conditions, the parties expect to enter into a definitive agreement and
complete the transaction during Q2 2026.

-----------------------
For further information, please refer to:

Xplora Technologies AS
Sten Kirkbak, CEO
Mobile: +47 92203710
E-mail: sten.kirkbak@xplora.com

Knut Stålen, CFO
Mobile: +47 92043458
E-mail: knut.stalen@xplora.com

About Xplora
Xplora Technologies is a Norway-founded, technology company creating smart
devices, services and communication solutions for children, youth and seniors
that keep families connected, safe, and balanced. The company's purpose is to
build a safer and healthier digital life for all generations. As the pioneer
of the kids' smartwatch category in Europe, Xplora Technologies today serves
the full spectrum of family needs from early childhood to later life, through
its two brands Xplora and Doro. The company positions itself as a family-first
organization and a trusted advisor for parents and caregivers throughout the
digital journey, delivering the right technology at the right time. Xplora
Technologies is headquartered in Oslo, Norway with operations in leading
European markets and North America. The company is listed on Euronext Growth
under the ticker XPLRA.

About emporia
Founded in 1991 and headquartered in Linz, Austria, emporia has established
itself as the market leader for senior mobile phones in Germany and Austria
and sells approximately 300,000 devices annually across Europe. It is a
leading developer and distributor of easy-to-use smartphones, tablets, and
mobile devices for the senior demographic. With a presence in over 30
countries, emporia is synonymous with intuitive design and technological
accessibility.


668362_Xplora Technologies AS agrees key terms to acquire emporia, the market leader for senior mobile phones in the DACH region.pdf

Source

Xplora Technologies AS

Provider

Oslo Børs Newspoint

Company Name

XPLORA TECHNOLOGIES

ISIN

NO0010895782

Symbol

XPLRA

Market

Euronext Growth