Xplora Technologies AS: Exercise of share options and capital increase

25 Mar 2026 08:00 CET

Oslo, 25 March 2026 - Employees, holding share options under Xplora
Technologies AS' ("Xplora" or the "Company") share incentive program have
exercised a total of 117,611 share options, each equal to one share, during an
exercise window on 19-20 March 2026. 89,611 shares are exercised at a strike
price of NOK 14.90 per share and 28,000 shares at a strike price of NOK 13.10
per share.

The exercised options will be settled by issuance of new shares in the
Company, and the Company's board of directors has resolved to issue 117,611
new shares, each with a nominal value of NOK 0.004, pursuant to a board
authorization to issue new shares granted by the annual general meeting on 23
May 2025.

Following the share capital increase, the Company's share capital is NOK
191,418.492 divided into 47,854,623 shares, each with a nominal value of NOK
0.004.

The exercised options have been granted in accordance with the Company's share
option program described in the Company's latest annual financial statement.

For further information please contact:
Sten Kirkbak, CEO, +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO, +47 920 434 58, knut.stalen@xplora.com

About Xplora Technologies AS:
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.

More information:
Access the news on Oslo Bors NewsWeb site

669243_Xplora Technologies AS- Exercise of share options and capital increase.pdf