Mildef Group

Regulatory Filings • Dec 21, 2023

Helsingborg, 21 December 2023

MilDef wins cybersecurity contract worth SEK 97 million

Clavister, a leader in European cyber security for mission-critical applications, has ordered MilDef's hardware to a value of 97 MSEK. The order follows a previous prototype order for customized and robust network equipment. The product is part of Clavister Cyber Armour, an integrated cyber security system for defense platforms. Deliveries will take place 2024-2029.

Clavister is a specialized European cybersecurity provider protecting complex digital businesses. In the current project, MilDef and Clavister have co-developed the combined hardware and software solution for use in leading vehicle platforms, manufactured by a global player.

"The collaboration is an excellent example of joint Nordic development work of hardware and software. The mix of our uniquely robust hardware and Clavister's leading software creates the best possible conditions for the next level of cyber security. We are proud to jointly contribute to the modernization of European defense", says Daniel Ljunggren, CEO MilDef.

"Clavister and MilDef build on a long and strong relationship where cyber software meets ruggedized hardware. In times of increased digitalization of the defense forces there is a clear need for substantially increased cyber security. For us MilDef is the perfect partner in the armor of the future defense capabilities, says, John Vestberg, CEO Clavister.

The product solution is part of the Cyber Armour system and meet extended requirements from the customers. The new product is a powerful military-graded security gateway product, which is designed to form an integral part of the electronics and communication structure in highly digitalised defense platforms.

This information 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, on December 21, 2023 at 16:40 CEST.

For more information, please contact:

Daniel Ljunggren, CEO Phone: +46 70 668 00 15 Email: daniel.ljunggren@mildef.com

Olof Engvall, Head of IR & Communications Phone: +46 735 41 45 73 Email: olof.engvall@mildef.com

MilDef - WE ARMOR IT.

MilDef is a global systems integrator and full-spectrum provider specializing in rugged IT for military, government and critical infrastructure sectors. MilDef provides hardware, software, and services that shield and protect critical information streams and systems, when and where the stakes are the highest. MilDef Group is listed on Nasdaq Stockholm. www.mildef.com