Lokotech Group ASA

Share Issue/Capital Change • May 14, 2025

Presentation in connection with the RI

Oslo, 14th of March 2025

www.lokotechgroup.com | www.lokotech.no | www.arcticcore.no | www.powerpool.io

Transaction Highlights:

Transaction structure, size, price and warrants:

• Transaction structure: Partially underwritten rights issue of up to 599,880,023 new shares
• Transaction size: Up to approx. NOK 200 million
• Subscription price: NOK 0.3334 per Offer Share
• Warrants: The Rights Issue also includes an ancillary offer of 78,887,887 warrants in the Company, which will be issued to subscribers who are allocated Offer Shares in the Rights Issue.
• Trading in Subscription Rights: Yes, on the Euronext Growth Oslo under the ticker LOKOT

Use of proceeds

•

•

•

•

•

•

• The net proceeds to the Company from the NOK 125 million underwritten portion of the Rights Issue will be used to secure the tape-out and enable mass production of the Company's proprietary Scrypt ASIC Miner
• If the Company receives valid subscriptions for more than the underwritten portion of the Rights Issue, the additional net proceeds will mainly be used to increase the production batch of the Company's proprietary Scrypt ASIC Miner

Underwriting and pre-commitment

• The Company, the Managers and the Underwriters have entered into separate Underwriting Agreements, each dated 28 February 2025, pursuant to which an underwriting consortium has agreed to underwrite subscription of Offer Shares for gross proceeds of NOK 125 million.

Existing shareholders

• Shareholders of the Company as of 2 May 2025 had been granted 3.173987 tradable Subscription Rights for each existing share in the Company
• Over-subscription is allowed
• Subscription without Subscription Rights is only permitted for the underwriters

Subscription period

• Start of subscription period: 7 May 2025 at 09:00 CEST
• First day of trading of Subscription Rights on the Euronext Growth Oslo: 7 May 2025 at 09:00 CEST
• End of trading of Subscription Rights on the Euronext Growth Oslo: 15 May 2025 at 16:30 CEST
• End of subscription period: 21 May 2025 at 16:30 CEST

Settlement dates:

• Notification of allocation: Expected on or about 21 May 2025
• Considering a capital raise to secure tape-out and enable mass production of the chip • Payment date for the Offer Shares: 26 May 2025
• Registration of share capital increase: Expected on or about 2 June 2025
• Date of delivery of Offer Shares (and the Warrants): Expected on or about 3 June 2025
• Listing and first day of trading of the Offer Shares on the Euronext Growth Oslo: Expected on or about 3 June 2025

Today's speaker

Ola Stene-Johansen Group CEO

M.sc.BA, NHH Cofounder of subsidiaries Filecoin Storage Provider

Owns and operates the mining pool PowerPool.io

3

A fabless semiconductor company for blockchain and AI operation, with ownership interests in mining pools and data center activities

Market Development

Scrypt Ecosystem

• Litecoin and Dogecoin are the dominant blockchains in the Scrypt space
• Litecoin is challenging Bitcoin for the lead in transaction volume in 2024
• Merge mining efforts are increasing—boosting miner revenue, enhancing network security, supporting adoption, huge benefit for the ecosystem

ETF Outlook

• Multiple Litecoin and Dogecoin ETF applications are in progress
• Anticipated to drive institutional inflows and overall ecosystem growth
• SEC appears to view proof-of-work coins as commodities*
• BlackRock has listed LTC as a key risk factor in its Bitcoin ETF application

*Source: https://www.sec.gov/newsroom/speeches-statements/statement-certain-proof-work-mining-activities-032025

Specification	Details
TOP / TBP	171W (Total Board Power)
Power Connectors	2× 8-pin (6+2) PCle
Input Max Current	Input current and voltage are regulated via onboard VRMs

Configuration & Physical Details	Details
Model	Hashblade
Hashrate, GH/s (+/-10%	2
Power Consumption, W (+/-10%)	171
Power Efficiency, J/Mh	0.088
Connection Mode	USB or PCIe
Dimensions (LxWxH), (mm)	340 x 14 x 127
Dimensions w/Packaging, (mm)	130
Weight (kg)	~580g (TBD)
Noise Level (dBA)	N/A

		4 888 17		PARKANA				0
	LILOKOTECH
E	1111 11111
4 ::

Environmental Requirements	Details
Operating Temperature Range	0°C to 40°C (32°F to 104°F)
Storage Temperature Range	-40°C to 70°C (-40°F to 158°F)
Operating Humidity (Non-Condensing)	10% to 90% RH
Storage Humidity (Non-Condensing)	5% to 95% RH
Operating Altitude	Up to 2000m (6562 feet)
Storage Altitude	Up to 5000m (16404 feet)
Cooling Requirement	Forced air cooling or immersion
Vibration Resistance	Meets industrial standards (TBD)
	*Final specifications may var

Important Considerations for the Future

Short-Term Goals:

• Initiate and ramp up mass production; improve mask set quality
• Expand Powerpool's service offerings and accelerate growth in existing verticals
• Develop and mature the data centre business assess potential for hosting services
  • First LOI signed significant milestone in unlocking value

Mid- to Long-Term Goals:

• Identify the optimal strategy for entering the SHA-256 hardware market
  • The SHA-256 Market emits at least 15x the value daily compared to Scrypt
  • Scrypt generation 2?
• Mature and commercialize Edge AI capabilities

Selected Key Risk Factors

Technology Upscaling Risk:

• Inherent risks associated with advancing from TRL 5 to TRL 6–8 (Moderate)

Execution Risk

Contact & Questions

Lokotech Group AS post@lokotech.no www.lokotechgroup.com www.lokotech.no www.arcticcore.no www.powerpool.io