Lokotech Group ASA — Director's Dealing 2026

Apr 9, 2026

Exercise of Warrants by primary insiders

Exercise of Warrants by primary insiders

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR

INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE

HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR

JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR

RELEASE WOULD BE UNLAWFUL.

Oslo, 9 April 2026: Reference is made to the stock exchange announcement

published by Lokotech Group AS (the "Company") on 1 April 2026 regarding the

commencement of the exercise period for the 54,908,272 warrants (the

"Warrants") issued to the subscribers in the rights issue where the Company

raised gross proceeds of approx. NOK 139 million (the "Rights Issue").

The Company has been informed that several of the primary insiders who

participated in the Rights Issue have exercised or sold their Warrants in the

Company as follows:

· 7,227,340 Warrants have been exercised by INSR ASA, a company closely

associated with board member of the Company, Kristin Åbyholm

· 2,047,549 Warrants have been exercised by Norda ASA, a company closely

associated with board member of the Company, Kristin Åbyholm (whereof the

exercise of 75,354 of these Warrants was made by instructing the lender of

75,354 Warrants that Norda ASA has lent)

· 1,424,324 Warrants have been exercised by Caaby AS, a company closely

associated with board member of the Company, Kristin Åbyholm

· 1,183,317 Warrants have been exercised by Infigent AS, a company

closely associated with CEO and board member of the Company, Ola

Stene-Johansen

· 476,162 Warrants have been exercised by Black Monday Holding AS, a

company closely associated with the chairman of the board of directors of the

Company, Yngve Hoftun Johansen

· 39,443 Warrants have been exercised by Susheel Nuguru, board member of

the Company

· 65,753 Warrants have been sold by Ruben Morales, CEO of PowerPool SL

· 39,451 Warrants have been sold by Christoffer Løvdal, interim CFO of

the Company

Please see the attached notifications of trade for information regarding the

primary insiders' transactions.

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian

Securities Trading Act.

For more information, please contact:

CEO, Ola Stene-Johansen, email osj@lokotech.no

IMPORTANT NOTICE

These materials are not and do not form a part of any offer of securities for

sale, or a solicitation of an offer to purchase, any securities of the Company

in the United States or any other jurisdiction. Copies of these materials are

not being made and may not be distributed or sent into any jurisdiction in

which such distribution would be unlawful or would require registration or

other measures.

The securities referred to in this announcement have not been and will not be

registered under the U.S. Securities Act of 1933, as amended (the "Securities

Act"), and accordingly may not be offered or sold in the United States absent

registration or an applicable exemption from the registration requirements of

the Securities Act and in accordance with applicable U.S. state securities

laws. Any sale in the United States of the securities mentioned herein will be

made solely to "qualified institutional buyers" (QIBs) as defined in Rule 144A

under the Securities Act, pursuant to an exemption from the registration

requirements under the Securities Act, as well as to major U.S. institutional

investors under SEC Rule 15a-6 to the United States Exchange Act of 1934, as

amended.

This communication contains certain forward-looking statements concerning

future events, including possible issuance of equity securities of the

Company. Forward-looking statements are statements that are not historical

facts and may be identified by words such as "believe", "expect",

"anticipate", "strategy", "intends", "estimate", "will", "may", "continue",

"should" and similar expressions. The forward-looking statements in this

communication are based upon various assumptions, many of which are based, in

turn, upon further assumptions. The Company believes that these assumptions

were reasonable when made. However, these assumptions are inherently subject

to significant known and unknown risks, uncertainties, contingencies and other

important factors which are difficult or impossible to predict and are beyond

its control. Such risks, uncertainties, contingencies and other important

factors include the possibility that the Company will determine not to, or be

unable to, issue any debt, hybrid or equity securities, and could cause actual

events to differ materially from the expectations expressed or implied in this

release by such forward-looking statements. The Company does not make any

guarantee that the assumptions underlying the forward-looking statements in

this announcement are free from errors. The information, opinions and

forward-looking statements contained in this communication speak only as at

its date and are subject to change without notice.

Each of the Company, the Manager and their respective affiliates disclaims any

obligation or undertaking to update, review or revise any statement contained

in this communication whether as a result of new information, future

developments or otherwise. Neither the Manager nor any of its affiliates makes

any representation as to the accuracy or completeness of this announcement and

none of them accepts any liability arising from the use of this announcement

or responsibility for the contents of this announcement or any matters

referred to herein. This announcement is for information purposes only and is

not to be relied upon in substitution for the exercise of independent

judgment. It is not intended as investment advice and under no circumstances

is it to be used or considered as an offer to sell, or a solicitation of an

offer to buy any securities or a recommendation to buy or sell any securities

of the Company. Certain figures contained in this announcement, including

financial information, have been subject to rounding adjustments. Accordingly,

in certain instances, the sum or percentage change of the numbers contained in

this announcement may not conform exactly with the total figure given.

The distribution of this announcement and other information may be restricted

by law in certain jurisdictions. Persons into whose possession this

announcement or such other information should come are required to inform

themselves about and to observe any such restrictions. Any failure to comply

with these restrictions may constitute a violation of the securities laws of

any such jurisdiction. Specifically, neither this announcement nor the

information contained herein is for publication, distribution or release, in

whole or in part, directly or indirectly, in or into or from the United States

(including its territories and possessions, any state of the United States and

the District of Columbia), Australia, Canada, Hong Kong, Singapore, South

Africa, Japan or any other jurisdiction where to do so would constitute a

violation of the relevant laws of such jurisdiction.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR. The information was submitted for publication, through the

agency of the contact persons set out above, at 2026-04-09 08:55 CEST.