Pexip Q4 2025 report – Delivered Rule of 40 performance in 2025

Oslo, Norway, February 12, 2026 - Pexip Holding ASA ("Pexip" or "The Company", Oslo Børs Ticker: PEXIP), today presented its quarterly results for the fourth quarter of 2025. Key highlights for the quarter include: - Pexip’s subscription base measured in Annual Recurring Revenue was USD 131.0 million at the end of Q4 2025, up 16% y-o-y.

- Growth driven by Secure and Custom where ARR grew 25% year-on-year, as well as Connected Spaces improving its growth to 10% year-on-year.

- Recognized revenue of NOK 333.6 million for the quarter, stable y-o-y. EBITDA excluding other gains and losses amounted to NOK 94.2 million, up from NOK 88.2 million in the same quarter last year.

- Full year revenue growth of 10%, and full year EBITDA margin excluding other gains and losses of 26%

- Free cash flow of NOK 71.9 million in the quarter, up from NOK 21.1 million in Q4 2024, with a cash and money market fund position of NOK 600 million and no material interest-bearing debt exiting 2025.

- ARR outlook for Q1 2026 of USD 133-136 million.

- Dividend recommendation to Annual General Meeting of NOK 4.0 per share.

“Secure and Custom video continues to drive Pexip’ business forward, and we are very satisfied to end 2025 with a growth of 25% year-on-year. We also see a positive development in Connected Spaces returning to double-digit growth, which enabled us to reach our financial ambition of Rule of 40 performance in 2025.” - Trond K. Johannessen Chief Executive Officer

Analyst consensus estimates Every quarter ahead of the earnings announcement, Pexip collects earnings estimates from the equity analysts currently covering the Company. The consensus estimates and the methodology used in the preparation of the consensus estimates are published on the Company’s IR web pages here: https://investor.pexip.com/consensus Q4 results presentation The fourth quarter results for 2025 will be presented by video webcast today, Thursday February 12, 2026 at 08:30 CET. The presentation will be held by Trond K. Johannessen (CEO), Øystein Dahl Hem (CFO), and Åsmund Fodstad (Chief Revenue Officer) The presentation will be held in English and conducted as a webcast. Questions can be submitted to IR@pexip.com in advance of the presentation or live during the presentation. Please join the webcast via the following link: https://www.pexip.com/events/q4-2025-results-presentation A recorded version of the presentation will also be available after the webcast is concluded. For questions, please contact: Øystein Dahl Hem, CFO, IR@pexip.com, +47 992 34 596

About Pexip | pexip.com Pexip is a video technology company that offers multi-platform software for various purposes such as business meetings, secure government communication, doctor's appointments, and court proceedings. It is an excellent tool for organizations that want seamless, secure, and scalable meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo Stock Exchange. Visit us at www.pexip.com or on LinkedIn 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 Øystein Dahl Hem, CFO, Pexip Holding ASA, on February 12, 2026 at 06:00 CET.