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Audit Report / Information • Nov 21, 2016

Statsautoriserte revisorer Ernst & Young AS

Engene 22, NO-3015 Drammen Postboks 560 Brakerøya, NO-3002 Drammen Foretaksregisteret: NO 976 389 387 MVA Tlf: +47 32 83 88 90 Fax: +47 32 83 86 25 www.ev.no Medlemmer av Den norske revisorforening

To the Annual Shareholders' Meeting of Apptix ASA

AUDITOR'S REPORT ON THE INTERIM BALANCE

Report on the interim balance

We have audited the accompanying interim balance of Apptix ASA, which comprise the balance sheet as at 16 November 2016 and a summary of significant accounting policies and other explanatory information. The interim balance is prepared by the Board of Directors.

The Board of Directors' responsibility for the interim balance

The Board of Directors are responsible for the preparation and fair presentation of the interim balance in accordance the accounting policies described in footnote 3, and for such internal control as the Board of Directors determine is necessary to enable the preparation of the interim balance that are free from material misstatement, whether due to fraud or error.

Auditor's responsibility

Our responsibility is to express an opinion on the interim balance based on our audit. We conducted our audit in accordance with laws, regulations, and auditing standards and practices generally accepted in Norway, including International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the interim balance is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the interim balance. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the interim balance, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the interim balance in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the interim balance.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the interim balance of Apptix ASA has been prepared in accordance with laws and regulations and present fairly, in all material respects, the financial position of the Company as at 16 November and its financial performance for the year then ended in accordance with the Norwegian Accounting Act and accounting standards and practices generally accepted in Norway.

Drammen, 21.11.2016 ERNST & YOUNG AS

Marius Nergaard

Marius Nergaard State Authorised Public Accountant (Norway)