Webstep ASA: Fourth quarter and full year results 2025. Dividend proposal of NOK 1.49 per share

12 Feb 2026 07:00 CET

Oslo, 12 February 2026: Webstep ASA today reports revenues of NOK 205.5 million
for the fourth quarter of 2025, a decrease of 8.9 per cent from the same period
last year. Adjusted EBIT margin ended at 7.3 per cent (8.4 per cent), while
reported EBIT margin was 2.9 per cent (6.9 per cent).

For the full year, Webstep ASA reports revenue of NOK 835.2 million (874.1).
EBIT for the year ended at NOK 55.9 million (66.7), corresponding to an EBIT
margin of 6.7 per cent (7.6). Adjusted EBIT margin ended at 7.8 per cent (8.4
per cent).

The Board of Directors intends to propose a dividend of NOK 1.49 per share. The
proposed dividend distribution will be on the agenda for the Company's annual
general meeting to be held on 19 May 2026.

The quarter was characterised by reduced headcount, increased hourly rates,
modestly lower utilisation, and continued tight cost control.

"2025 was a year of major transition for Webstep, preparing the company for long
-term success. As we enter 2026, we have progressed well in the transition. With
top-tier industry knowledge and renewed leadership, we are stronger, more
customer-centric, more agile in how we work, and better set up to deliver
improved commercial results," says CEO Kristine Lund.

Measures taken during the year are central to reinforce Webstep's ability to
drive growth, strengthen customer relationships, and integrate industry insight
with technology expertise. We are convinced that execution of our strategy will
improve results going forward.

Throughout 2025 Webstep signed a range of frame agreements with major private
and public organisations. From a sales perspective, the fourth quarter was
marked by a high volume of contract extensions, with limited client churn, which
builds backlog and sets us up well for 2026. Major customers such as Aker, the
Norwegian Armed Forces, Enova, Posten and the Norwegian Courts Administration
all extended their contracts.

Webstep is focused on making strong, targeted recruitments to enhance growth and
profitability going forward. As previously communicated, the reduction in the
number of consultants will have a short-term negative impact on revenue
development. The churn is partly linked to organisational changes over time,
including the departure of leaders who have chosen to pursue new opportunities
and establish their own businesses. We remain confident that we will return to
sustainable growth over time.

Contact details for further information:

Henning Hesjedal, CFO

Cell: +47 916 83 601

Email: ir@webstep.com

Website: www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services.

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

More information:
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665520_Webstep_ASA_Q4_2025_presentation.pdf
665520_Webstep_ASA_Q4_2025_report.pdf
665520_Webstep_ASA_fourth_quarter_results_2025.pdf