Exercise of Options

Oslo, 15 May 2026

Kjetil Westeng, a former board member, has exercised 425,000 options at NOK 0.4618 per share for a total cash contribution of NOK 196,265 to Lokotech Group AS.

The exercised options represent 425,000 of the 850,000 “repair options” granted to Kjetil Westeng on 24 June 2025 in accordance with the company’s share option program. The company will issue a new notice once the share capital increase has been registered in the Norwegian Register of Business Enterprises.

This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and is reportable under Section 5-12 of the Norwegian Securities Trading Act.