Kitron

Kitron receives order valued at EUR 44 million driven by rising demand for Data center electrification

(2025-12-18) Kitron has received an order valued at EUR 44 million for the

production and supply of advanced electronic components used in energy storage

and electric grid balancing systems. The order is closely linked to increasing

demand from the fast-growing data center segment, where large-scale

electrification, resilience, and power-balancing capabilities have become

critical.

The order represents an expansion of existing business and underlines Kitron's

role as a trusted supplier of complex, high-reliability electronics supporting

the global shift toward more energy-intensive digital infrastructure. As data

centers scale rapidly, the need for robust energy storage and grid-balancing

solutions is accelerating-and Kitron is well positioned to support this trend.

Deliveries under the order are scheduled to begin in 2026, and production will

take place at Kitron's facility in the United States, enabling proximity to

several emerging data center clusters.

For further information, please contact:

Peter Nilsson, President and CEO, tel. +47 948 40 850

Hans Petter Thomassen, VP Central Nordics and North America, tel. +47 913 92 360

Kitron is a leading Scandinavian electronics manufacturing services company for

the Connectivity, Electrification, Industry, Medical Devices and

Defence/Aerospace sectors. The group has operations located in Norway, Sweden,

Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China

and the United States. Kitron has about 3 000 employees, and revenues were EUR

647 million in 2024.

www.kitron.com (http://www.kitron.com)

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

Market Abuse Regulation (MAR) and is subject to the disclosure requirements

pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock

exchange announcement was published by Cathrin Nylander, CFO of Kitron ASA, at

the time and date stated above in this announcement.

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