Capsol Technologies ASA

Xplora Technologies AS: Monthly Subscriptions Update June 2025

As of June 30, 2025, Xplora Technologies has 393k subscriptions, an increase

of 112k from June 2024 (281k). This represents an accelerated growth of 62k

new subscriptions (gross) in Q2 2025, compared to 52k during the same period

last year.

This month's subscription update reflects Xplora Technologies' existing

activity in the Kids market within the Kids & Youth segment. Sales in the

Youth market and the Senior segment (Doro) launched successfully in June.

This month's highlight:

Increase of 25k new subscriptions (gross).

Note: We expect our churn rate to be consistent with historic numbers.

Subscriptions include connectivity plans (mobile subscriptions), premium

services, B2B service revenues, and service fees for Xplora smartwatches

without Xplora mobile subscriptions (Nordics). Xplora has seasonal changes,

especially related to Back-to-school and the Festive Season. The net growth in

the subscription base will therefore fluctuate throughout the year.

For further information please contact:

Sten Kirkbak, CEO, +47 92203710, [email protected]

Knut Stålen, CFO, +47 92043458, [email protected]

About Xplora Technologies AS:

Xplora is a platform and services company delivering technology solutions that

enable families to stay connected and safe. The company designs smart devices

and services for Kids, Youths, and Seniors, combining secure communication

with services promoting physical activity and digital balance. Founded in

Norway, Xplora pioneered the Kids' smartwatch category in Europe and has since

expanded its offering to include phones and solutions for the Youth and Senior

markets. This positions Xplora as a leading European platform for

family-centric services. The company is headquartered in Oslo, Norway with

operations in leading European markets. Xplora is listed on Euronext Growth

under the ticker XPLRA.

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