LINK Mobility – Q1 2026 – On track to organic growth

(Oslo, 12 May 2026) – LINK Mobility delivered a first quarter in line with expectations, with improving underlying momentum and several strengthening leading indicators supporting the company’s expectation of a gradual return to organic growth. Reported Gross Profit in Q1’26 came in at NOK 492 million while organic gross profit growth in constant currency improved by 3 percentage points sequentially to -1%. While isolated decliners continued to impact performance during the quarter, the broader enterprise customer base nearly offset these effects through improved growth and strengthened commercial momentum.

Accelerating commercial activity and CPaaS growth supporting improving outlook • Contract wins during Q1’26 amounted to NOK 48 million, at the higher end of expectations, marking the second strongest quarter on record both in total contract wins and within CPaaS • On an LTM basis, closed-won contract volumes increased by 8% within SMS and 32% within CPaaS, corresponding to 17% total growth across signed contracts supporting future growth • Continued strong growth within higher-margin CPaaS solutions supporting improved profitability over time

Underlying Enterprise momentum offsetting isolated decliners – LINK remains on track to organic growth • Organic gross profit growth improved by 3 percentage points quarter-over-quarter to -1% in Q1’26, in line with expectations supported by a 4-percentage points sequential growth momentum in enterprise segment • Net retention rate improved sequentially from 92% to 96% despite continued impact from isolated decliners • Adj. EBITDA amounted to NOK 265 million in Q1’26, with organic growth of -6%, reflecting gross profit trends • Management expects Adj. EBITDA development to improve as gross profit growth gradually recovers

Disciplined capital allocation prioritizing share buybacks and bolt-on M&A • Current capital allocation priorities remain focused on share buybacks and targeted bolt-on acquisitions given prevailing valuation conditions, highlighted by the announced acquisition of Web2SMS in Romania • LINK repurchased 13 million shares during the recent share buyback program and proposed cancellation of 21 million shares at upcoming Annual General Meeting, corresponding to approximately 7% of total shares • Board and Management continue to actively evaluate M&A opportunities and capital allocation alternatives and stand ready to act as market conditions and valuation dynamics change

“Q1 2026 represented a step in the right direction, with the underlying business continuing to develop solidly and several encouraging indicators supporting improving growth momentum. Strong contract wins and accelerating growth within higher-margin CPaaS solutions reinforce our confidence in the outlook going forward. Pro forma gross profit remained stable during the quarter despite continued impact from 9 isolated decliners. Organic performance remains our key focus, and we remain confident in our ability to return to organic growth and deliver high single-digit gross profit growth over time,” says Thomas Berge, CEO of LINK Mobility

The quarterly results will be presented in an audio webcast at 10:00 CET today by Thomas Berge, CEO and Morten Edvardsen, CFO & VP Investor Relations.

The audio webcast targets investors, analysts and media. Attendees will be able to post questions in a Q&A session following the webcast.

To join the audiocast and post questions, please go to: https://qcnl.tv/p/9sFEnRhl82MZ_aMn0_wlQQ

The webcast is also available from LINK’s investor relations pages: https://linkmobility.com/investor-relations/

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

About LINK Mobility LINK is an award-winning, leading global provider of mobile messaging and communications platform as a service (CPaaS) solutions for increased engagement. The company serves enterprise, SME and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, governments and citizens, platforms and users. LINK has 66,000 active customer accounts globally and exchanges more than 40 billion messages a year on a proforma basis. LINK is listed on the Oslo Stock Exchange under the ticker LINK. For more information about LINK, please see www.linkmobility.com and follow LINK Mobility on LinkedIn.

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