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Oslo, 30 April 2025: Reference is made to the stock exchange announcement
published by Lokotech Group AS (the "Company") on 3 March 2025, with key
information relating to the partially underwritten rights issue raising gross
proceeds of up to NOK 200 million (the "Rights Issue"). The Rights Issue
includes tradable subscription rights for existing shareholders and issuance of
warrants to the investors allocated shares in the Rights Issue (the "Warrants").


Updated key information relating to the Rights Issue is set out below: 
Date on which the terms and conditions of the Rights Issue were announced: 3
March 2025 and updated on 30 April 2025

Last day including right: 2 May 2025

Ex-date: 5 May 2025

Record Date: 6 May 2025

Date of approval: 30 April 2025

Maximum number of new shares: 599,880,023 shares

Subscription price: NOK 0.3334 per share

Ratio preferential rights: Each existing shareholder as of 2 May 2025 (and being
registered as such in Euronext Securities Oslo, the Norwegian Central Securities
Depository (the VPS) at the expiry of 6 May 2025 (the Record Date)), will be
granted 3.173987 subscription rights for every existing share in the Company
registered as held by such shareholder. The number of subscription rights
granted to each existing shareholder will be rounded down to the nearest whole
subscription right.

Subscription ratio: Each subscription right gives the right to subscribe for and
be allocated one (1) offer share. Oversubscription with subscription rights is
permitted. 
Managers: Pareto Securities AS and SpareBank 1 Markets AS.
Will the rights be listed: Yes, the Company will apply for listing of the
subscription rights on Euronext Growth Oslo. 

ISIN for the preferential rights: To be announced when determined. 
Other information: The subscribers in the Rights Issue will, without cost, for
every one (1) new share allocated to and paid by them in the Rights Issue, be
allocated 0.131506 Warrants, rounded down to the nearest whole Warrant. The
total number of Warrants to be issued in the Rights Issue will be up to
78,887,887. Each Warrant will give the holder a right to subscribe for one (1)
new share in the Company at a subscription price equal to the greater of (a) a
35% discount to the volume-weighted average price of the Company's shares on the
last three trading days prior to the first date on which the warrant holders can
exercise the Warrants