LINK Mobility - Exercise of LTI share options into shares

Oslo, 1 March 2024: Reference is made to the announcement by LINK Mobility Group Holding ASA (the "Company" and together with its consolidated subsidiaries, the "Group") on 1 June 2023 regarding the implementation and amendment of the Company's LTI Program for management and key employees (2022 LTIP), and on 3 January 2024 regarding closing of Message Broadcast divestment.

In accordance with the 2022 LTIP vesting schedule, the first 1/3 of the granted share options vested on 7 December 2023 (Tranche 1) at an exercise price of NOK 8.11.

In addition, as a result of the completed divestment of Message Broadcast, employees of Message Broadcast (former employees of the Group), are entitled to exercise their remaining 2/3 of the share options under Tranche 2 and Tranche 3 during a 12-month period from the closing date as follows:

Tranche 2: 1/3 of the share options at an exercise price of NOK 9.08, and
Tranche 3: 1/3 of the share options at an exercise price of NOK 10.17.

Upon expiry of the current exercise window, a total of 1,667,163 share options have been exercised at the exercise prices set out above, resulting in a total of 1,667,163 new shares to be issued by the Company.

Following the LTIP exercise, the Board of Directors have pursuant to authorization granted by the Company's Annual General Meeting 31 May 2023, resolved to increase the Company's share capital with up to NOK 8,335.815 by issuing up to 1,667,163 new shares, each with a nominal value NOK 0.005.

For further information, please contact

Tom Rogn, VP Investor Relations
+47 94 85 56 59
tom.rogn@linkmobility.com

About LINK Mobility

LINK is an award-winning, leading global provider of mobile messaging and communications platform as a service (CPaaS) solutions for increased engagement. The company serves enterprise, SME and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, governments and citizens, platforms and users. LINK has 50 thousand active customer accounts globally and exchanges 17 billion messages a year. LINK is listed on the Oslo Stock Exchange under the ticker LINK. For more information about LINK, please see www.linkmobility.com and follow LINK Mobility on LinkedIn.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act and Oslo Rulebook II.