Crescent NV — Management Reports 2026

Jan 21, 2026

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REGULATED INFORMATION - The rebirth of Option

Leuven, Belgium – 21 January 2026 – 7:30 AM CET, Option NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI)

Looking back on Crescent NV's results in 2025, below are some notes regarding a number of achievements realised during the second half of 2025, i.e. after Remoticom BV's partial exit.

• Immediate recovery of operating results

Thanks to the elimination of operating losses at Remoticom, the group produced positive contributions (EBITDA) in all divisions (Option + SAIT + IPL = +€100,000 in 2H25 compared to minus €330,000 in 1H25). Although Crescent's turnover will remain just below €10 million in 2025 (excluding Remo), it will end the year with a substantial order book of more than €3.2 million, which will be carried over to the first half of 2026.

• New strategy at Option

At the same time, the group embarked on an ambitious development program to renew and upgrade its portfolio for gateways and to regain a leading position in the field of secure and reliable IoT connectivity. (restoration of technological leadership in the core). The new CloudGate NXS product line has been enthusiastically received by Option's customers and will be the driving force behind Option's ambitious growth plans for 2026. (Targeting a doubling of Option's turnover in 2026)

• Restoration of equity

In order to restore equity capital to a positive level, a capital injection of 3.8 million euros was completed on 30 December by VZH NV as reference shareholder.

• Substantial reduction in financial charges

All other external financial obligations, including all bank debts, were repaid (+2.3 million), in part thanks to the contributions of several new investors to support Option's growth. This will prove very useful in allowing the company to focus on achieving its growth objectives rather than having to repay financial obligations.

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Back to connectivity roots of Option NV

To mark the end of the turnaround at Option NV and to underline the large potential for profitable growth, the board of directors decided to change the company's name to Option NV in order to capitalise on its historical reputation for leadership and technological excellence in international markets. Combined with turnarounds already realized at SAIT and IPL in prior years, the new Option group is now poised to generate convincing results and solid returns for its shareholders.

CONTACT

Edwin Bex Geldenaaksebaan 329 B-3001 Leuven, Belgium TEL: +32 (0) 16 31 74 11

E-mail: investor@option.com

www.option.com