LINK Mobility – Plans to initiate additional share buyback program

(Oslo, 23 February 2026) at 06:00 CET – The Board of Directors of LINK Mobility Group Holding ASA ("LINK" or the "Company") has resolved to plan for initiation of an additional share buyback program in accordance with the authorization granted to the Board of Directors by the Annual General Meeting held on 27 May 2025 (the "2025 AGM").

Reference is made to LINK’s stock exchange announcement dated 5 November 2025 regarding the introduction of the Company’s shareholder return policy in connection with the presentation of its third quarter 2025 results. For the financial year 2025, LINK has targeted an ordinary shareholder distribution of NOK 300 million (equivalent to NOK ~1 per share), to be executed through cancellation of treasury shares and additional share buybacks with subsequent cancellation.

The ordinary shareholder distribution of approximately NOK 300 million will be effected as follows: • Cancellation of 8,000,000 treasury shares at a reference price of NOK 20.85 per share, representing approximately NOK 167 million; and • Share buyback of 6,390,000 shares for a total consideration of approximately NOK 133 million at a reference price of NOK 20.85 per share, with subsequent cancellation of the repurchased shares.

In addition, the Board of Directors has resolved to plan for the initiation of an extraordinary share buyback program for a total consideration of approximately NOK 167 million, forming part of a total buyback authorization of NOK 300 million. Shares repurchased under the extraordinary program will subsequently be cancelled.

Based on the current share price, and subject to initiation and completion of the repurchase, the combined programs correspond to a total planned cancellation of approximately 22,390,000 shares. The final number of shares to be cancelled will depend on the actual repurchase price achieved under the extraordinary buyback program.

The share buyback program for a total consideration of up to NOK 300 million is planned to be commenced in March and will end no later than the Company’s Annual General Meeting in 2026, held on 27 May 2026. The Company will engage a manager to execute the share repurchases in the market. A separate stock exchange announcement will follow for the announcement of the details of and launch of the share buyback program.

The Board considers buybacks an attractive investment given the current valuation. Although the Company experienced temporary headwinds in Q4, the Board and management remain confident in LINK’s long-term growth outlook and underlying business fundamentals and believe the current share price does not fully reflect the Company’s long-term value creation potential.

LINK continues to maintain a strong list of potential acquisition opportunities, including larger transactions previously communicated; however, given current valuation conditions and share price development, the Board has decided to defer execution of larger transactions in the near-term and prioritize organic growth and smaller bolt-on acquisitions. LINK’s long-term strategy of combining organic growth with targeted acquisitions remains unchanged.

The Board follows a disciplined and consistent capital allocation framework, allocating capital to opportunities that offer the most attractive long-term risk-adjusted return and value per share.

The share buyback program will be carried out in accordance with Regulation (EU) No 596/2014 (the "Market Abuse Regulation") and Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation").

The Company reserves the right to initiate the program on other terms than set out above, which will be set out in the announcement to launch the repurchase program.

For further information, please contact:

Morten Løken Edvardsen, CFO & VP Investor Relations +47 90 56 15 89 ir@linkmobility.com

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Morten Løken Edvardsen, CFO & VP Investor Relations at LINK Mobility Group Holding ASA, on 23 February 2026 at 06:00 CET.