Ericsson Nikola Tesla d.d.

Business and Financial Review • Oct 20, 2021

PRESS INFO October 20, 2021

ERICSSON NIKOLA TESLA d.d. Krapinska 45 10000 Zagreb

SECURITY: ERNT (ISIN: HRERNTRA0000) LEI: 5299001W91BFWSUOVD63 HOME MEMBER STATE: Republic of Croatia REGULATED MARKET SEGMENT: Regular Market of the Zagreb Stock Exchange

New contracts signed between Ericsson Nikola Tesla and HT Mostar

Vilim Primorac, president of the Management Board of HT Mostar, and Gordana Kovačević, president of Ericsson Nikola Tesla, signed contracts in Mostar worth more than MHRK 31, for the upgrade and expansion of LTE RAN network, expansion of transmission network, as well as software upgrade and the system expansion for HT Mostar's fixed commutation.

The contracts additionally strengthen the cooperation between the companies and create infrastructure prerequisites for the implementation of the state-of-the-art technologies, thus providing an even more quality services to the end users of HT Mostar.

Vilim Primorac highlights: "We are pleased to continue a very successful cooperation with our strategic partner - Ericsson Nikola Tesla. Owing to the newly contracted equipment, and by respecting the highest security standards, HT Mostar will increase the coverage and capacity of 4G/4G+ network. For our users, this specifically means - better user experience, greater speeds, and the possibility to use new, advanced services, based on LTE technology. This means the latest and most efficient radio technology in the market, and a step closer to 5G network."

Gordana Kovačević expressed her satisfaction with the signing of new contracts: "The continuation of cooperation with our strategic partner from Bosnia and Herzegovina is a new step in developing HT Mostar's network, based on Ericsson solutions that our experts will implement in close cooperation with our customers' experts, which guarantees to the users of HT Mostar the best possible user experience on the road to 5G. I am especially pleased that our companies have a close cooperation, and that with equal enthusiasm, together they are creating prerequisites for a faster development of society and economy in Bosnia and Herzegovina, which faces great challenges and possibilities of digital transformation in a digital decade."

Communications Ericsson Nikola Tesla

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ New York.

Ericsson Nikola Tesla is an associated company of the Ericsson Group which leads and supports modern communications. The company's activities include marketing and sales, research and development, design of the total communications solution, services in the multiservice and mobile networks area including the mobile Internet and complex system integration in all business areas. The company provides innovative ICT solutions that constantly improve people's life and create new value. Shares of Ericsson Nikola Tesla are traded in the Regular Market of the Zagreb Stock Exchange under the stock exchange symbol ERNT-R-A.

Related

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www.ericsson.com www.ericsson.com/news www.twitter.com/ericssonpress www.facebook.com/ericsson www.linkedin.com/company/ericsson www.youtube.com/ericsson

CONTACT: Snježana Bahtijari Director Marketing, Communication and CSR Ericsson Nikola Tesla Tel.: + 385 1 365 4556 E-mail: snjezana.bahtijari@ericsson.com