CODELAB CAPITAL AS CODE NON-REGULATORY PRESS RELEASES

CodeLab Capital reaches agreement to take over the OHS company BHT Sørvest Norge SA

14. October 2026 kl. 15:25

Oslo, 14 October 2026

Reference is made to CodeLab Capital AS' ("CodeLab" or the "Company") announcement of 17 September 2026 regarding the contemplated acquisitions of two add-ons within the OHS vertical.

CodeLab can today confirm that it is BHT Sørvest Norge SA ("BHTSV") that is one of the contemplated add-ons. Earlier today there was an extraordinary annual meeting in BHTSV where its owners/members unanimously voted in favor of a takeover by Agil Helse AS (a company owned 100% by CodeLab).

The transfer of business, including all assets, employees and customer contracts will take place as soon as possible. For CodeLab this further strengthens the OHS vertical where the companies could benefit from each other by providing better and more efficient services. BHTSV has a strong foothold in southern part of Norway and brings great customer relationships and a skilled workforce.

BHTSV had NOK 15.3 million in revenues for 2025 and with a zero EBITDA profit.

There will not be any cash or share settlement as this transaction is purely a transfer of business, and as such it will not impact the liquidity of the group besides the cash flow generation.

For more information, please contact: Anton Bondesen, CEO, alb@codelabcapital.com Christoffer Mathiesen, CFO, cm@codelabcapital.com