In the first quarter of 2025, LINK Mobility (LINK) reported gross profit of NOK
409 million, reflecting organic year-over-year growth of 9% in fixed currency.
EBITDA amounted to NOK 187 million, while adjusted EBITDA reached NOK 198
million, representing organic growth of 18% in fixed currency. These results
reflect a strong start to the year and underscore the continued successful
execution of LINK's strategy, which emphasizes maintaining a strong local
presence across its markets. This strategic approach has supported robust
commercial performance and positioned the company for sustained growth.
Inorganic growth remains a core pillar of LINK's strategy, and following the
close of the first quarter, the company acquired two UK-based firms - The SMS
Works and FireText Communications - further strengthening its market position in
the UK, in line with strategic growth ambitions.

Organic gross profit growth reached 9% in the first quarter - once again
outpacing revenue growth. Revenues amounted to NOK 1,651 million, representing
an organic decline of 7%, primarily reflecting the impact of strategic actions
taken in previous quarters to discontinue low-margin traffic, particularly
within the Global Messaging segment. Organic adjusted EBITDA growth in fixed
currency reached 18%, highlighting the strong operational leverage and
scalability of LINK's business model. The NOK 28 million increase in organic
adjusted EBITDA was driven by a NOK 31 million expansion in gross profit, partly
offset by a NOK 3 million increase in operating expenses.

LINK's recurring and growing business is driven by more than 50,000 loyal
customers continuing to increase their usage. Growth momentum is supported by
both increased adoption rates for digital messaging and traction on higher
margin CPaaS software solutions and OTT channels like RCS and WhatsApp. Operator
support for RCS Business Messaging continues to expand across LINK's footprint,
paving the way for future growth. LINK is well positioned to capture this growth
through its award-winning RCS Business Messaging solutions.

LINK maintains a strong financial position, enabling the continued execution of
its proven inorganic growth strategy, with over 35 acquisitions completed across
Europe over the past decade. The acquisitions closed following the end of the
first quarter align with LINK's disciplined M&A approach and were completed at
EV/Cash EBITDA multiples within the company's historical range of 6-7x. The
prioritized M&A pipeline currently includes more than 10 targets, with 5 in due
diligence, representing a total pipeline value of EUR 30-40 million in cash
EBITDA.

LINK reiterates its medium-term ambitions of sustaining high single-digit gross
profit growth, with adjusted EBITDA expected to grow at a faster pace, supported
by the company's scalable business model. Inorganic growth remains a key
strategic pillar, with a target to add approximately 10% to adjusted EBITDA
through bolt-on acquisitions. The company maintains a disciplined capital
allocation policy that prioritizes value-accretive M&A, while staying within a
net debt to adjusted EBITDA roof of 2.0 to 2.5x.

"We are pleased to report a strong start to the year, with high single-digit
organic gross profit growth, further exceeded by growth in adjusted EBITDA -
reflecting the scalable nature of our business model. So far in 2025, we
continued our European market consolidation through two recent acquisitions in
the UK and we remain focused on driving value creation through both organic and
inorganic initiatives throughout 2025 and in the years ahead" says Thomas Berge,
CEO of LINK.

The quarterly results will be presented in an audio webcast at 10:00 CEST today
by Thomas Berge, CEO and Morten Edvardsen, CFO & VP Investor Relations. 

The audio webcast targets investors, analysts and media. Attendees will be able
to post questions in a Q&A session following the webcast.

To join the audio webcast and post questions, please go to: 
https://channel.royalcast.com/landingpage/hegnarmedia/20250514_2/

The webcast is also available from LINK's investor relations pages:
 https://linkmobility.com/investor-relations/ 

For further information, please contact 
Morten Løken Edvardsen, CFO & VP Investor Relations 
+47 90 56 15 89 
ir@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 more than 50,000 active customer accounts globally
and exchanges more than 21 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.