SmartCraft ASA

SmartCraft ASA (SMCRT) - CFO transition

3 November, 2025 - Kjartan Bø has decided to step down from his position as

Chief Financial Officer (CFO) of SmartCraft after seven years in the position.

He will remain in his role until 31 January 2026.

The Board has together with the incoming CEO Jeremias Jansson initiated the

recruitment process for a new CFO. Kine Kragholm Olsen, group chief accountant,

will take the position as interim CFO as of 1 February 2026.

"We are grateful for Kjartan's contributions to SmartCraft and the important

role he has played in the company's development during a dynamic period, which

included the public listing in 2021, strong profitable growth and a number of

acquisitions. We wish him all the best in his future endeavors," says interim

CEO Hanna Konyi.

As a pre-announcement ahead of the third quarter 2025 report to be published on

4 November, SmartCraft releases the following highlights for the third quarter

(Q3 2024 figures in brackets):

· Organic ARR growth: 6.0% YoY

· Adj. EBITDA margin: 35.6% (36.0%)

· Adj. EBITDA-CAPEX margin: 28.2% (25.3%)

· Medium-term targets unchanged

CONTACT PERSON:

· Hanna Konyi, CEO, +46 70 524 46 88, [email protected]

DISCLOSURE REGULATION

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation, and is subject to the disclosure requirements pursuant

to section 5-12 of the Norwegian Securities Trading Act.

ABOUT SMARTCRAFT

SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to

SMEs in the construction sector, increasing their productivity, margins, and

resource efficiency. The Group currently has more than 13 800 customers and 270

employees distributed across Norway, Sweden, Finland and UK. SmartCraft was

listed on the Oslo Stock Exchange in June 2021.

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