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Mildef Group

Regulatory Filings Jul 4, 2022

3173_rns_2022-07-04_ab00ad06-25bd-466c-a048-5d26e7030c03.pdf

Regulatory Filings

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Press Release

Helsingborg, Sweden, July 04, 2022

MilDef wins 82 MSEK order in Norway

MilDef, a global provider of tactical IT, will provide technology to a Norwegian defense vehicle program with deliveries 2022-2023. This is a follow-up order on an existing program and a mid-life upgrade of armored vehicles in the M113 series. The customer is NDMA, Norwegian Defense Materiel Agency.

MilDef will equip armored vehicles with computers, displays and network infrastructure for Command and Control. Various variants of the M113 armored vehicles will be the focus for the deliveries in this program. Existing technology in the vehicles was delivered by MilDef and other suppliers in 2008. The new delivery consists of tactical IT from MilDef's hardware portfolio, integrations, and other services. The order value of deliveries in 2022 are estimated to approximately 12 MSEK and 70 MSEK in 2023.

"We work closely with NDMA as an integral part of Norway's cutting-edge digitalization and modernization projects, and we look forward to intensify the collaboration in the years to come", says Björn Karlsson, CEO MilDef Group. "The technology we develop also has potential for use in more NATO countries", he concludes.

MilDef is a contractor to the Norwegian Defense Materiel Agency (No. Forsvarsmateriell).

This is information that MilDef Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 16:40 CEST on July 04, 2022.

For more information, please contact:

Björn Karlsson, CEO Phone: +46 705 25 01 07 Email: [email protected]

Olof Engvall, Head of IR & Communications Phone: +46 733 41 45 73 Email: [email protected]

About MilDef

MilDef was founded in 1997 in Helsingborg, Sweden. The company delivers tactical IT, including rugged hardware, software, and services. MilDef's products are sold to more than 160 customers through MilDef's subsidiaries in Sweden, Norway, Finland, United Kingdom, the United States, and through partner networks in more than 30 countries, predominantly within the EU. MilDef Group is listed on Nasdaq Stockholm. www.mildef.com

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