Xploara Technologies - Share Issue/Capital Change 2026

Xplora Technologies AS: Cancellation of subsequent offering

Reference is made to the stock exchange announcement published by Xplora

Technologies AS (the "Company") on 19 March 2026 regarding the successful

private placement raising gross proceeds of approximately NOK 150 million (the

"Private Placement") at a subscription price of NOK 52 per share (the

"Subscription Price").

In connection with the Private Placement the Company announced a potential

subsequent offering of up to 576,923 new shares in the Company (the

"Subsequent Offering") at a subscription price of NOK 52 per share. However,

the Subsequent Offering was subject to inter alia the prevailing market price

of the Company's shares and the trading volume following the Private

Placement.

After the announcement of the completion of the Private Placement, more than

the full volume of the potential Subsequent Offering has been traded at

Euronext Growth Oslo at prices at or below the Subscription Price. Any

existing shareholder wishing to reduce the dilutive effect of the Private

Placement has hence had sufficient opportunity to purchase shares in the

market at prices at or below the Subscription Price. On this basis, the Board

of Directors of Xplora AS has decided to cancel the Subsequent Offering.

This information is subject to disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

For further information please contact:

Sten Kirkbak, CEO, +47 922 03 710, [email protected]

Knut Stålen, CFO, +47 920 43 458, [email protected]

About Xplora Technologies AS:

Xplora Technologies is a Norway-founded, technology company creating smart

devices, services and communication solutions for children, youth and seniors

that keep families connected, safe, and balanced. The company's purpose is to

build a safer and healthier digital life for all generations. As the pioneer

of the kids' smartwatch category in Europe, Xplora Technologies today serves

the full spectrum of family needs from early childhood to later life, through

its two brands Xplora and Doro. The company positions itself as a family-first

organization and a trusted advisor for parents and caregivers throughout the

digital journey, delivering the right technology at the right time. Xplora

Technologies is headquartered in Oslo, Norway with operations in leading

European markets and North America. The company is listed on Euronext Growth

under the ticker XPLRA.

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