CodeLab Capital grants a loan of NOK 4 million to an OHS company with security in customer portfolio

Oslo, 30 June 2026

The Board of Directors of CodeLab has resolved to enter into a loan agreement with a Norwegian company (the "Company") operating in the occupational health services sector in Norway.

The Company is an attractive acquisition target for CodeLab within the OHS business area.

The Company has a need for short-term financing due to growth investments and seasonality effects, and CodeLab therefore wishes to provide a loan of NOK 4 million. The loan will have a term of six months and carry an interest rate of 15%. It will be secured by the Company's customer contracts, representing annual recurring revenue equivalent to the loan amount.

For CodeLab, this represents a highly attractive opportunity:

- The loan ensures that CodeLab is well positioned to pursue an acquisition of the Company should the opportunity arise - The loan has an attractive interest rate given the robust security - If default CodeLab will obtain a portfolio of customers in the occupational health services sector yielding NOK 4 million in revenues with 80-90% margin

The Board believes that this transaction has the potential to create significant value for all CodeLab shareholders. As part of the Transaction CodeLab has raised NOK 3.4 million in unsecured loan from some of its shareholders. This loan carries the same interest, and will be repaid in full once the Company has settled its debt with CodeLab.

For further information, please contact:

CFO Christoffer Mathiesen: cm@codelabcapital.com