Tekna - Q3 2026: Record EBITDA driven by strong commercial performance

(Arendal, Norway / Sherbrooke, QC, Canada - 5 November 2026)

Tekna's positive momentum continued in the third quarter, with strong revenue growth across both business areas resulting in a record EBITDA. The positive development was driven by sustained high Materials demand across aerospace and defense, and medical applications. Backed by a robust backlog, shorter delivery schedules and growing customer order sizes, the company remains well positioned for continued development and growth moving forward.

Comment from the CEO: "I am pleased with the progress achieved in Q3, with positive momentum in Materials, strong performance in Systems and improving margins. As we move into the fourth quarter, new Materials orders support continued positive momentum, while our ongoing site consolidation and the simplification of entities in Asia are creating a leaner cost base and a simpler operating structure, strengthening Tekna's foundation for long-term value creation."

THIRD QUARTER HIGHLIGHTS: (Figures in parentheses refer to the same period the previous year) - Revenue increased 61% year-over-year to CAD 13.4 million (CAD 8.3 million) in the quarter driven by sustained Materials demand and strong order and project execution in Systems - Contribution margin stood at 50.7% (57.6%), mainly reflecting a higher proportion of lower-margin Materials sales in the product mix, as well as non-recurring operating items. - EBITDA reached CAD 1.9 million in the quarter (CAD 0.3 million), includes CAD 1.0 million of non-recurring operating items, while adjusted EBITDA increased to CAD 2.9 million (CAD 0.5 million), representing a 21.5% margin - Order intake doubled year-over-year to CAD 10.6 million (CAD 5.3 million) - Total backlog remained high at CAD 25.5 million (CAD 18.2 million), extending revenue visibility into 2027 - Free cash flow was CAD 5.6 million (CAD -0.5 million) - In an extraordinary general meeting held on October 1st, Egil Haugsdal was elected Chair of the Board of Directors Reshoring and localized manufacturing trends bolster growth in additive manufacturing and long-term demand for Tekna's products. Materials order intake, growing customer order sizes, and an expanding systems pipeline - combined with current market trends - support Tekna's long-term ambitions of double-digit annual topline growth through 2030.

THIRD QUARTER PRESENTATION The results will be presented by Claude Jean, CEO, and Yves Lemoyne, CFO, Tekna Holding ASA, via a live webcast, which will take place later today Thursday, 5 November 2026, at 13.00 CET / 7:00 AM EST.

Please use the following link to register and view the webcast: https://ir.tekna.com/events/6a7e7cac2d597a9c650f0069

During the live webcast, questions can be submitted directly through the chat feature integrated into the video player. To access the chat, click the chat icon in the top-right corner of the player. A recorded version of the webcast will be available shortly after the webcast has concluded.

The Q3 2026 materials are enclosed and available on the company's website.

ATTACHMENTS - 26Q3 Interim Report - 26Q3 Presentation - This announcement in PDF

CONTACTS Arina Van Oost, Investor Relations | VP Corporate Strategic Development, Tekna Holding ASA, +33670115190, investors@tekna.com

ABOUT TEKNA HOLDING ASA Tekna is a world-leading provider of sustainable, advanced material solutions, headquartered in Sherbrooke, Canada. The company specializes in high-purity metal powders used in critical applications such as additive manufacturing (3D printing) across the aerospace, defense, medical and consumer electronics industries. The company is positioning itself in the fast-growing market of advanced nanomaterials for the microelectronics sector.

Tekna also develops cutting-edge induction plasma systems designed for both industrial research and production. Its unique, IP-protected plasma technology is powering its hypersonic wind tunnels, PlasmaSonic, which enable simulating material exposure conditions in space.

With over 30 years of experience, Tekna is a trusted partner to a broad portfolio of multinational blue-chip customers for its high-quality products and innovation. Its material solutions help enhance productivity, enable more efficient use of materials and support the transition to more resilient supply chains and a circular economy. https://www.tekna.com

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