LINK Mobility Group Holding initiates NOK 300 million share repurchase program

(Oslo, 3 March 2026) - LINK Mobility Group Holding ASA ("LINK Mobility" or the "Company") initiates share repurchase program that allows the Company to repurchase shares for a total consideration of up to NOK 300 million. The Company is not obligated to repurchase any shares under the program. The program will be conducted during the period from 3 March 2026 until 27 May 2026. LINK Mobility may, however, at any time suspend or terminate the program.

Reference is made the Company’s stock exchange announcement dated 23 February 2026 regarding the Board of Directors’ resolution to plan for initiation of a share repurchase program in accordance with the authorization granted to the Board of Directors by the Annual General Meeting held on 27 May 2025.

The repurchase program forms part of LINK Mobility’s ordinary shareholder distribution for the financial year 2025 of NOK 300 million (equivalent to approximately NOK 1 per share), as previously communicated. The distribution will be effected through (i) cancellation of 8,000,000 treasury shares already held by the Company, representing approximately NOK 164 million in value based on the share price as of 2 March 2026, and (ii) approximately NOK 136 million share repurchases with subsequent cancellation.

In addition to the share repurchase as part of the ordinary shareholder distribution, the Board have initiated an extraordinary share repurchase, increasing the repurchase program to a total of NOK 300 million. All shares repurchased under the program will subsequently be cancelled.

In furtherance of the above, LINK Mobility announces today that it has put in place an agreement with ABG Sundal Collier ASA ("ABGSC") for the repurchase of the Company's shares. Under this agreement, ABGSC will make its own trading decisions independently of, and uninfluenced by, LINK Mobility.

In order to comply with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 (collectively the "Safe Harbour Rules"), the Company has provided the following required information: (i) under the repurchase program, as may be effected under the agreement with ABGSC, the Company may repurchase shares for a total consideration of up to NOK 300 million during the period from 3 March 2026 until 27 May 2026, however limited to 25 million of its outstanding shares, (ii) the maximum number of shares to be repurchased on any trading day is 25% of the average daily trading volume during the month of February 2026, being the month preceding the month of this disclosure, and (iii) the purpose of the repurchase program is to return capital to shareholders through cancellation of shares.

Based on the share price at close 2 March, and subject to initiation and completion of the repurchases, the combined ordinary and extraordinary programs correspond to a planned cancellation of approximately 22,600,000 shares. The final number of shares to be cancelled will depend on the actual repurchase price achieved.

The Company cannot predict how many shares will be repurchased, if any, under the agreement with ABGSC, or the timing of any repurchase or the price that will be paid for any shares repurchased under the agreement.

The repurchase program will be completed in accordance with the Safe Harbour Rules as further set out in the Norwegian Securities Trading Act of 2007 and the Oslo Stock Exchange's Guidelines for buy-back programs and price stabilization.

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

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