Exercise price for the Warrants issued in connection with the rights issue

31 Mar 2026 17:30 CEST

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RELEASE WOULD BE UNLAWFUL.

Oslo, 31 March 2026: Reference is made to the stock exchange announcement
published by Lokotech Group AS (the "Company") on 30 March 2026 regarding the
upcoming exercise period for the 54,908,272 warrants (the "Warrants") issued
to the subscribers in the rights issue where the Company raised gross proceeds
of approx. NOK 139 million.

Each Warrant gives the holder a right to subscribe for one new share in the
Company at an exercise price per share equal to the greater of (a) a 35%
discount to the volume-weighted average price (VWAP) of the Company's shares
on Euronext Growth Oslo over the last three trading days (i.e., 27 March, 30
March and 31 March 2026) prior to the first date on which the holder can
exercise the Warrants (i.e., 1 April 2026); and (b) NOK 0.5130.

Based on the criteria above, the exercise price is NOK 0.6063 per new share.

The exercise period for the Warrants will commence tomorrow, on 1 April 2026
at 09:00 (CEST), and end on 15 April 2026 at 16:30 (CEST). The last day of
trading for the Warrants will be 9 April 2026. The Warrants will hence only be
tradeable during part of the exercise period. Warrants which are not sold
within 16:30 (CEST) on 9 April 2026 or exercised within 16:30 (CEST) on 15
April 2026 will lapse with no compensation to the holders.

Further information on the exercise procedure for the Warrants will be
communicated by the Company through a separate stock exchange notice to be
published before market open on Euronext Growth Oslo tomorrow, 1 April 2026.

This information is subject to the disclosure requirements pursuant to the
Continuing Obligations and Section 5-12 of the Norwegian Securities Trading
Act.

For more information, please contact:

CEO, Ola Stene-Johansen, email osj@lokotech.no

IMPORTANT NOTICE
These materials are not and do not form a part of any offer of securities for
sale, or a solicitation of an offer to purchase, any securities of the Company
in the United States or any other jurisdiction. Copies of these materials are
not being made and may not be distributed or sent into any jurisdiction in
which such distribution would be unlawful or would require registration or
other measures.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and in accordance with applicable U.S. state securities
laws. Any sale in the United States of the securities mentioned herein will be
made solely to "qualified institutional buyers" (QIBs) as defined in Rule 144A
under the Securities Act, pursuant to an exemption from the registration
requirements under the Securities Act, as well as to major U.S. institutional
investors under SEC Rule 15a-6 to the United States Exchange Act of 1934, as
amended.

This communication contains certain forward-looking statements concerning
future events, including possible issuance of equity securities of the
Company. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect",
"anticipate", "strategy", "intends", "estimate", "will", "may", "continue",
"should" and similar expressions. The forward-looking statements in this
communication are based upon various assumptions, many of which are based, in
turn, upon further assumptions. The Company believes that these assumptions
were reasonable when made. However, these assumptions are inherently subject
to significant known and unknown risks, uncertainties, contingencies and other
important factors which are difficult or impossible to predict and are beyond
its control. Such risks, uncertainties, contingencies and other important
factors include the possibility that the Company will determine not to, or be
unable to, issue any debt, hybrid or equity securities, and could cause actual
events to differ materially from the expectations expressed or implied in this
release by such forward-looking statements. The Company does not make any
guarantee that the assumptions underlying the forward-looking statements in
this announcement are free from errors. The information, opinions and
forward-looking statements contained in this communication speak only as at
its date and are subject to change without notice.

Each of the Company, the Manager and their respective affiliates disclaims any
obligation or undertaking to update, review or revise any statement contained
in this communication whether as a result of new information, future
developments or otherwise. Neither the Manager nor any of its affiliates makes
any representation as to the accuracy or completeness of this announcement and
none of them accepts any liability arising from the use of this announcement
or responsibility for the contents of this announcement or any matters
referred to herein. This announcement is for information purposes only and is
not to be relied upon in substitution for the exercise of independent
judgment. It is not intended as investment advice and under no circumstances
is it to be used or considered as an offer to sell, or a solicitation of an
offer to buy any securities or a recommendation to buy or sell any securities
of the Company. Certain figures contained in this announcement, including
financial information, have been subject to rounding adjustments. Accordingly,
in certain instances, the sum or percentage change of the numbers contained in
this announcement may not conform exactly with the total figure given.

The distribution of this announcement and other information may be restricted
by law in certain jurisdictions. Persons into whose possession this
announcement or such other information should come are required to inform
themselves about and to observe any such restrictions. Any failure to comply
with these restrictions may constitute a violation of the securities laws of
any such jurisdiction. Specifically, neither this announcement nor the
information contained herein is for publication, distribution or release, in
whole or in part, directly or indirectly, in or into or from the United States
(including its territories and possessions, any state of the United States and
the District of Columbia), Australia, Canada, Hong Kong, Singapore, South
Africa, Japan or any other jurisdiction where to do so would constitute a
violation of the relevant laws of such jurisdiction.

More information:
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669894_Exercise price for the Warrants issued in connection with the rights issue.pdf