Ericsson Nikola Tesla d.d.

M&A Activity • Nov 17, 2022

PRESS INFO November 17, 2022

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

Continuation of cooperation between HT Mostar and Ericsson Nikola Tesla

Today in Mostar, HT Mostar and Ericsson Nikola Tesla signed new contracts worth more than HRK 57 million for the upgrade and expansion of the LTE RAN network and the expansion of this operator's transmission network, which represents a continuation of longterm successful cooperation between the two companies. The contracts were signed by the President of the Management Board of HT Mostar Vilim Primorac and the President of Ericsson Nikola Tesla Gordana Kovačević.

These new contracts additionally strengthen the cooperation between the companies and are a prerequisite for the implementation of the state-of-the-art technological infrastructure, which will provide an even higher quality of services to this operator's end users.

Vilim Primorac pointed out: "With our long-term reliable partner Ericsson Nikola Tesla, we have contracted the final phase of the 4G/4G+ mobile network implementation project while respecting the highest security standards. Based on these contracts, we will increase coverage and capacity as well as provide our users with higher speeds and a better user experience on the road to 5G. As the leader of digitalization in Bosnia and Herzegovina, we continue to keep pace with the development and investment in an efficient mobile infrastructure with highest performances and quality. In this way, we are creating prerequisites for the further digital transformation of our society and economy."

Gordana Kovačević expressed her satisfaction with the signing of new contracts: "I would like to thank our partner HT Mostar for the trust shown to us by continuing the successful longterm cooperation with regard to the expansion and construction of the mobile network. In close cooperation with our customer's experts, experts from our company will implement the latest Ericsson solutions and continue to provide quality support to our customer. The signing of these contracts is proof of our strong partnership and technological leadership."

Communications Ericsson Nikola Tesla

PRESS INFO November 17, 2022

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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CONTACT:

Antonija Lončar Director Marketing, Communication and CSR Ericsson Nikola Tesla Tel.: + 385 1 365 4473 E-mail: antonija.loncar@ericsson.com