LINK Mobility - Exercise of RSUs into shares

Oslo, 27 October 2023: Reference is made to the announcements by LINK Mobility Group Holding ASA ("LINK Mobility" or the "Company") on 21 October 2020 regarding the Company's RSU program.

In accordance with the vesting plan for the Company's RSU program, 30% of the RSUs granted under the RSU program shall be exercisable into shares upon the third anniversary of the Company's listing. Participants in the RSU program have on 27 October 2023 exercised a total of 1,125,628 RSUs, resulting in a net settlement of a total of 909,110 new shares to be issued by the Company. Other than the nominal value of the shares, no payment is required by the RSU holder upon exercise. No outstanding RSUs remain under the RSU program following the third and last exercise.

Following the RSU 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 4,545.550 by issuing up to 909,110 new shares, each with a nominal value NOK 0.005.

Following the share capital increase, the Company's share capital is NOK 1,484,870.540 divided into 296,974,108 shares.

Exercise of RSUs by primary insiders

Thomas Berge, CEO of the Company, has exercised 263,633 RSUs, corresponding to a net settlement of 123,908 shares.

Morten Løken Edvardsen, CFO of the Company, has exercised 5,114 RSUs, corresponding to a net settlement of 2,864 shares.

Primary insider notifications pursuant to the EU Market Abuse Regulation Article 19 are attached.

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 customer accounts globally and exchanges 18 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, EU Market Abuse Regulation Article 19 and Oslo Rulebook II.