BOUVET ASA - STRONG PROFITABILITY IN A SOMEWHAT CHALLENGING MARKET

13 May 2026 06:00 CEST

Bouvet had operating revenues of NOK 1 037.0 million for the first quarter of
2026, compared with NOK 1 074.7 million in the same period of last year.
Operating profit (EBIT) came to NOK 127.0 million, compared with NOK 155.2
million in the first quarter of 2025.

"The first quarter of the year was one for which we can report strong
profitability, a number of new contracts won, rising activity levels and
robust workforce growth," says Per Gunnar Tronsli, CEO of Bouvet ASA.

Bouvet's operating costs, including depreciation, came to NOK 910.0 million
for the first quarter, compared with NOK 919.5 million in the same period of
2025. Representing a decrease of 1.0 per cent.

The EBIT margin for the first quarter was 12.3 per cent, compared with 14.4
per cent in the first quarter last year.

Net profit came to NOK 97.2 million, compared with NOK 121.0 million for the
first quarter of 2025. Diluted earnings per share were NOK 0.93 for the
quarter, compared with NOK 1.16 in the same period of last year.

Further information from
Per Gunnar Tronsli, CEO, Bouvet ASA, tel +47 900 20 622
Steffen Garder, CFO, Bouvet ASA, tel +47 930 99 940

Bouvet ASA in brief
Bouvet is a leading consultancy in the field of IT and digital communication.
We support both private- and public-sector players with digitalisation, and
help them to meet the challenges and exploit the opportunities presented by
new technology. At the end of the quarter, it had 2 391 employees at 15
offices in Norway and Sweden.
The company is listed on the Oslo Stock Exchange with the ticker code BOUV.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-05-13 06:00 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

673265_Presentasjon Q1 2026.pdf
673265_Bouvet Q1 Report 2026 EN Web.pdf