Business
Share capital increase registered following exercise of Warrants
Share capital increase registered following exercise of Warrants

About this update from Lokotech Group As
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Oslo, 23 April 2026: Reference is made to the stock exchange announcement by Lokotech Group AS (the "Company") on 15 April 2026 regarding the results of the exercise of the warrants (the "Warrants"), which resulted in an issuance of 53,279,926 new shares (the "New Shares") in the Company to investors having exercised Warrants.The share capital increase pertaining to the issuance of the New Shares is now registered with the Norwegian Register of Business Enterprises. Following the registration, the Company's new registered share capital is NOK 34,233,024.80, divided into 684,660,496 shares, each with a nominal value of NOK 0.05.The New Shares are expected to be delivered to investors on or about 24 April 2026.This information is subject to the disclosure requirements pursuant to the Continuing Obligations and section 5-12 of the Norwegian Securities Trading Act.For more information, please contact:CEO, Ola Stene-Johansen, email [email protected] NOTICEThese materials are not and do not form a part of any offer of securities for sale, or a solicitation of an offer to purchase, any securities of the Company in the United States or any other jurisdiction. Copies of these materials are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures.The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. Any sale in the United States of the securities mentioned herein will be made solely to "qualified institutional buyers" (QIBs) as defined in Rule 144A under the Securities Act, pursuant to an exemption from the registration requirements under the Securities Act, as well as to major U.S. institutio...