LINK acquires Portuguese company EZ4U

The acquisition expands LINK's geographical reach in Europe to Portugal and offers numerous upselling opportunities through superior local customer success services in Portuguese.

EZ4U was founded in 2010 and is headquartered in Porto. The company is dedicated to enterprise messaging with focus on SMS, RCS, WhatsApp, email, IVR and chatbots. EZ4U's software platform and APIs facilitate seamless communications between businesses and customers, serving more than 500 clients across such diverse sectors as healthcare, transportation and retail.

"The acquisition further advances LINK's market leader position in Europe with a fast-growing foothold in Portugal. We are very happy to welcome our new Portuguese colleagues to LINK", says Thomas Berge, CEO of LINK.

"We are excited to join the enterprise CPaaS leader in Europe and leverage their expertise and resources to continue delivering innovative solutions to our clients. This partnership represents a powerful opportunity to expand our capabilities and reach new heights within the enterprise communications industry", says the founders of EZ4U.

The transaction values EZ4U at an enterprise value of EUR 3.5 million, implying an LTM EV/EBITDA multiple of 7x. The purchase price was settled fully in cash. Pending future growth, the transaction also comprises an earnout of up to EUR 2 million.

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 more than 50,000 active customer accounts globally and exchanges more than 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.