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Zaptec AS Earnings Release 2021

Jan 28, 2022

3796_rns_2022-01-28_a8b6ea3b-6f3a-4a95-8b29-9612b414c82e.html

Earnings Release

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Zaptec AS Fourth Quarter financial results

Zaptec AS Fourth Quarter financial results

Highlights from Q4 2021:

• High revenue growth of 144%

• Strong gross margin of 51%

• Adjusted EBITDA of 46.8 MNOK

• European Electric Vehicles markets continue to grow

• Backlog from Q3 delivered

• Significant retail agreements for Zaptec Go

• Export share continue to increase

Please refer to the attached report and presentation for further details.

For more information:

Kristian Sæther, Finance Manager & Investor Relations, Zaptec AS

Tel: +47 90 70 85 12, e-mail: [email protected]

About Zaptec: Zaptec AS is a technology company within Electronic vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.