Interim report
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Interim Financial Report Q3 2026 LINK Mobility Group Holding ASA November 4, 2026 linkmobility.com
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2 Highlights third quarter 2026 Q3’26 delivered a clear acceleration in organic growth, with organic gross profit growth reaching 7%, back at high- single-digit levels and at the high end of expectations. Supported by the Q3 performance and expectations for Q4, we raise H2’26 organic gross profit growth guidance from mid-to-high single digits to high single digits. As expected, stronger organic gross profit growth also drove organic adjusted EBITDA growth to 7%, up 8 percentage points QoQ. Q3 2026 FINANCIAL HIGHLIGHTS OPERATIONAL HIGHLIGHTS +19% +21% +37% 13.3% Revenue growth Gross profit growth Adj. EBITDA growth Adj. EBITDA margin NOK 2,011m vs 1,694m in Q3 2025 NOK 484m NOK 268m +1.8pp vs 401m in Q3 2025 vs 195m in Q3 2025 vs Q3 2025 All figures are unaudited. Comparisons are to Q3 2025 unless otherwise stated.LINK Mobility Group Holding ASA Revenue increased 19% to NOK 2,011 million, with organic growth of 6% Gross profit increased 21% to NOK 484 million, with organic growth of 7% Adj. EBITDA increased 37% to NOK 268 million, with organic growth of 7% NOK 330-400 million in share buybacks expected for 2026 NRR improved to 103%, while churn declined further QoQ Contract wins reached NOK 41 million despite normal summer seasonality, with CPaaS representing 49% of total contract wins CPaaS and OTT contract wins increased 58% and 52% YoY, respectively Nordic RCS rollout commenced, with Tele2 activating RCS on iPhone in Sweden in September Continued M&A execution strengthened LINK’s position in Spain and LATAM through Interactive and LabsMobile H2’26 organic gross profit growth guidance raised to high single digit
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3 Organic growth remains a key priority for LINK, and our strong focus and execution throughout the quarter translated into clear improvements in our growth performance. Organic gross profit growth accelerated to 7% in Q3, at the high end of expectations. Strong commercial activity and improving growth indicators support continued momentum through the remainder of 2026 and our expectation of high-single-digit organic gross profit growth in 2027, in line with our medium-term ambition. Looking further ahead, we expect increasing AI adoption to provide an additional structural tailwind, driving higher messaging volumes and greater adoption of richer conversational channels. Our strong balance sheet and highly cash-generative business model position us to increase shareholder distributions for FY2026 while continuing to invest in organic growth and value-accretive M&A. A MESSAGE FROM THE CEO LINK Mobility Group Holding ASA Back to high-single-digit growth with increased confidence in the outlook The development in Q3 confirms the growth improvement we started to see in the second quarter. Organic gross profit growth accelerated to 7%, improving 5 percentage points quarter-on- quarter, while organic adjusted EBITDA growth increased to 7%. With Q3 delivering at the high end of our expectations and continued momentum expected in Q4, we raise our H2’26 organic gross profit growth guidance to high single digits. Strong commercial activity and improving growth indicators support continued momentum through the remainder of 2026 and our expectation of high-single-digit organic gross profit growth in 2027. Gross profit from new contract wins reached NOK 41 million despite normal summer seasonality, with half coming from CPaaS. NRR improved to 103%, while enterprise churn decreased quarter-on-quarter. Together, these indicators provide a strong foundation for continued organic growth. RCS represents an important additional growth opportunity, with the Nordic rollout now beginning to take shape. Tele2 became the first Swedish operator to activate RCS on iPhone in September, while the rollout in France continues to provide valuable commercial and operational learnings. With highly digital markets, customers already testing RCS and LINK able to leverage its experience from France, we believe RCS adoption in the Nordics could develop faster as availability expands. Looking further ahead, we see increasing AI adoption as another structural tailwind for LINK. AI is expected to drive higher messaging volumes, while the need for richer and more interactive interfaces to enable AI-driven customer interactions will accelerate the shift towards conversational channels. At the same time, more AI-driven interactions across a growing number of channels will increase complexity, strengthening the need for one trusted provider of customer communication. With our competitive AI offering, trust built with customers over 25 years and established customer base, LINK is well positioned to capture these opportunities. Our M&A strategy also progressed during the quarter. The acquisition of Interactive strengthened our position in Spain, while the acquisition of LabsMobile following quarter-end further expands our customer reach in Spain and Latin America. Both transactions are consistent with our established bolt-on strategy, targeting businesses that strengthen existing market positions, add customer relationships and create opportunities for commercial and cost synergies. We continue to see an attractive pipeline of opportunities while remaining disciplined in our capital allocation. LINK’s strong balance sheet and highly cash-generative business model support increasing returns to shareholders. For FY2026, we expect shareholder distributions of NOK 330-400 million, which at current valuation levels we expect to execute through share buybacks and subsequent cancellation. Our financial position allows us to increase shareholder distributions while maintaining the flexibility to invest in organic growth and value-accretive M&A. Looking ahead, our priorities remain clear. We will continue to drive organic growth, scale higher-value CPaaS and OTT solutions, capitalize on the opportunities emerging from RCS and AI-driven communication, and execute disciplined bolt-on M&A. The progress in Q3 provides a strong foundation for continued growth momentum through the remainder of 2026 and into 2027, while the evolving customer communication landscape creates additional opportunities for long-term growth. Finally, I am very pleased with how we have strengthened our growth momentum through the quarter. This is the result of a strong collective effort across the organization, and I am proud to represent LINK and share the progress we are making. I would like to thank all LINK employees for their continued dedication and contribution. We remain focused on sustaining this momentum through the remainder of 2026 and into 2027. Thomas Berge CEO
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4 About LINK Mobility LINK Mobility is a leading European CPaaS and digital messaging provider that empowers businesses to connect and engage with customers through messaging, APIs and omnichannel communication solutions. Our platform enables secure, reliable and scalable customer interactions across the world’s most popular channels. Scale and local presence Europe’s leading provider of digital messaging European market leader with global ambitions and a proven growth track record With a strong local presence across Europe and operations in LATAM and South Africa, LINK combines scale, innovative software capabilities and a proven track record of accretive M&A to capture structural market opportunities and drive growth and profitability for the long term. #1 in Europe for A2P Messaging European #1 Customer Interaction Solution ~70k customers with recurring usage 40 billion messages sent LTM on proforma basis ~700 employees across more than 30 offices Present in 21 countries including LATAM and South Africa ~40 acquisitions since 2014 MyLINKConnect Communications APIs & Connectivity MyLINK MarketingPlatform Omnichannel Campaign MyLINKEngage Customer Engagement Platform MyLINKStudio Message Creation & Design MyLINKPayment Mobile Payments & Billing MyLINKAdd-ons Value-added Solutions MyLINKMessagingAPI Developer-first Messaging API SMS WhatsApp RCS Voice Email Growth Key medium-term objective of high- single digit organic gross profit growth H2’26 organic gross profit growth guidance raised to high single digits Current trends support high-single- digit organic gross profit growth for 2027 Profitability Medium-term objective of adj. EBITDA growth above gross profit growth Focus on operational leverage and software / OTT mix Gross profit growth as the core earnings driver Capital allocation Accretive M&A first priority Growing shareholder distributions over time. NOK 330-400 million expected in share buybacks for 2026 Leverage policy of max 2.0–2.5x adj. EBITDA Broad and innovative product portfolioLINK at a glance Value creation and strategic priorities Why LINK Mobility Software and omnichannel capabilities A comprehensive portfolio across messaging, APIs, campaign tools, customer engagement, payments and developer-focused offerings that meet evolving customer needs. A leading European footprint with additional operations in LATAM and South Africa. Strong local customer intimacy and direct operator relationships enable reliable, high-quality delivery and compliance worldwide. Proven value creation A growth model that combines organic development with accretive M&A, disciplined capital allocation and a focus on profitability to deliver sustainable long-term value.
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5 Returned to high single digit growth Organic gross profit growth of 7% in Q3’26, a sequential QoQ improvement of 5 percentage points supported by improved growth momentum in both enterprise and Global Messaging segments. The strong performance in Q3 supports an increase in our H2 2026 organic gross profit growth guidance to high single digits. Organic adj. EBITDA growth was 7% as gross profit growth was only partly offset by growth in operating expenses. Acquisitions closed last twelve months contributed to the 21% and 37% of reported growth in gross profit and adj.EBITDA respectively. GROSS PROFIT ADJUSTED EBITDA Growth improvement QoQ across both enterprise and global messaging segments Organic adj. EBITDA growth turned positive QoQ to 7% YoY in stable FX ● Organic gross profit increased NOK 27 million or 7% in fixed FX Q3’26 ● Enterprise organic gross profit increased NOK 23 million, mainly driven by continued strong growth in Central and double-digit growth in Western Europe. Northern Europe grew 1% in line with last quarter. ● Global Messaging returned to growth in Q3, adding NOK 4 million to organic gross profit, supported by positive mix effects. ● Reported gross profit increased NOK 83 million (+21%) YoY to NOK 484 million including a NOK 25 million negative currency effect and NOK 81 million added from acquisitions. ● Management expects high single digit organic gross profit growth in full H2’26. ● Organic adj. EBITDA grew NOK 13 million or 7% in fixed FX Q3’26. ● Organic NOK 27 million increase in gross profit offset by organic NOK 14 million increase in opex or 7% yoy. ● Organic opex growth was primarily driven by normal inflation primarily on salaries in addition to growth related opex. Acquisitions added NOK 11 million in opex in the quarter mainly from SMSPortal. ● Management expects adj.EBITDA growth under normal conditions to reflect the scalable business model and be higher than gross profit growth. ● Adj. EBITDA increased by NOK 73 million (+37%) YoY to NOK 268 million, including a NOK 70 million contribution from M&A, partly offset by a NOK 11 million negative currency effect. Includes SMSPortal (acquired in Q4’25) and other closed and consolidated acquisitions completed since last year. GROSS PROFIT (NOK million) ADJ. EBITDA (NOK million) 23 25 81 Enterprise 4 Global Messaging Organic Gross Profit Q3 26 (stable FX) FX effect Acquired Gross Profit Reported Gross Profit Q3 26 401 428 484 Reported Gross Profit Q3 25 +83 (+21%) +27 (+7%) Organic gross profit contribution in stable currency Reported growth 27 70 Reported adj.EBITDA Q3 25 Gross Profit growth 14 Reported adj.EBITDA Q3 26 FX effect 11 Organic adj.EBITDA Q3 26 209 Opex growth 195 268 Acquired adj.EBITDA +73 (+37%) +13 (+7%) Organic adj EBITDA contribution in stable currency Reported growth
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6 Commercial Review Commercial activity remained strong during the quarter despite normal summer seasonality, with gross profit from new contract wins reaching NOK 41 million, at the high end of expectations and comparing with a strong Q3’25 with selected large closed won contracts. CPaaS represented close to 50% of total contract wins, reflecting continued demand for higher-value, software-enabled customer engagement solutions. CONTRACT WINS ● Gross profit from new contract wins reached NOK 41 million, at the high end of expectations despite normal summer seasonality. ● Commercial activity remained robust through the summer months, with a healthy pipeline and customer demand. ● New CPaaS contract wins increased 58% year-on- year to NOK 20 million, representing close to 50% of total contract wins. Closed won contract value, agreement momentum and OTT traction remain solid. Commercial activity supports future growth Strong commercial momentum GROSS PROFIT VALUE FROM NEW CONTRACT WINS (NOK million) CPaaS AND OTT CONTRACT WIN MIX (NOK million) New CPaaS contract wins OTT split 9 13 4 7 Q3 25 Q3 26 13 20 +58% Other CPaaS OTT 4 6 4 5 0.3 Q3 25 1 Q3 26 9 13 +52% Whatsapp Viber RCS 16 24 27 24 30 24 29 31 21 11 14 15 26 13 16 19 22 20 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 27 38 42 50 43 40 48 53 41 -4% CPaaS SMS A2P ● The increasing CPaaS share reflects continued traction for higher-value, software-enabled customer engagement solutions. ● OTT contract wins increased 52% year-on-year to NOK 13 million, with growth across RCS, Viber and WhatsApp. ● Closed contract value and the commercial pipeline continue to support future organic growth. Continued shift towards CPaaS and OTT
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7 Financial Review (Comments are made on a year-on-year basis and figures in brackets refer to the same period last year) 1. REVENUE AND NET RETENTION 2. GROSS PROFIT Total operating revenues increased 19% YoY to NOK 2,011 million impacted by M&A Gross profit increased 21% YoY to NOK 484 million from organic and inorganic growth ● Net retention rate in fixed currency increased to 103% from 89% last year from improvement across both enterprise and Global Messaging segments. ● Total operating revenue including M&A increased 19% YoY to NOK 2,011 million (NOK 1,694 million). ● Organic revenue in fixed currency increased +6% YoY to NOK 1,795 million (NOK 1,694 million) ● Organic enterprise revenue in stable currency grew NOK 125 million. Organically, Central Europereported double digit growth, while Western Europe and Northern Europe reported high single digit growth. ● Global Messaging revenue declined NOK 24 million in fixed currency mainly due to lower volumes from a few large clients. ● Currency changes negatively impacted revenue by NOK 111 million. ● Acquisitions contributed NOK 327 million in the quarter related to SMSPortal, KPM Solutions, Web2SMS and i3G. ● Total gross profit including M&A increased 21% YoY to NOK 484 million (NOK 401 million). ● Organic gross profit in fixed currency grew 7% or NOK 27 million YoY. ● Organic enterprise gross profit grew NOK 23 million YoY in fixed currency, supported by high single digit growth in Central Europe and double-digit growth in Western Europe. ● Global Messaging gross profit returned to growth in the quarter and increased NOK 4 millionyoy in fixed currency ● Acquired gross profit was NOK 81 million in the quarter from SMSPortal, KPM Solutions, Web2SMS and i3G. ● Group gross margin increased to 24.1% YoY with positive contribution from mix effects in Global Messaging and M&A. Total operating revenues Net retention rate in fixed currency Gross profit and gross margin (%) Gross margin yoy (%) NOK million 327 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 1.694 1.980 2.005 2.050 2.011 +19% Acquired 89 92 96 101 103 Q3’25 Q4’25 Q1’26 Q2’26 Q3’26 401 461 492 492 81 23,7% Q3’25 23,3% Q4’25 24,5% Q1’26 24,0% Q2’26 24,1% Q3’26 484 +21% Q3 25 Reported GM% 0,1% FX effect 0,1% M&A contribution Q3 26 Reported GM% 23,9% Global Messaging 0,3% Enterprise -0,2% 23,7% 24,1 % Q3 26 Organic GM% INCOME STATEMENT NOK million
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8 Financial Review (Comments are made on a year-on-year basis and figures in brackets refer to the same period last year) 3. OPERATING EXPENSES 4. ADJUSTED EBITDA Total reported operating expenses increased 5%, or 7% organically in stable currency Adjusted EBITDA increased 37% YoY to NOK 268 million, with margin improvement to 13.3%. ● Total operating expenses including M&A amounted to NOK 216 million (NOK 206 million), corresponding to an organic increase of 7% or NOK 14 million in stable currency compared to Q3’25. ● Currency had a positive impact of NOK 14 million. ● The increase was mainly related to ordinary inflation and growth- related increases. ● Acquisitions added NOK 11 million to reported operating expenses, including SMSPortal, KPM Solutions, Web2SMS and i3G. ● Adjusted EBITDA including M&A, before non-recurring items, was reported at NOK 268 million (NOK 195 million). ● Organic adjusted EBITDA grew 7% in stable currency as NOK 27 million in gross profit was offset by NOK 14 million YoY increase in operating expenses. ● Organic adjusted EBITDA margin in fixed currency was stable YoY ● Acquisitions of SMSPortal, KPM Solutions, Web2SMS and i3G added NOK 70 million to adjusted EBITDA. ● Reported adjusted EBITDA margin increased to 13.3% from 11.5%, mainly explained by SMSPortal. Operating expenses Adjusted EBITDA and margin (%) NOK million Acquired INCOME STATEMENT (CONTINUED) NOK million 5. ITEMS BELOW ADJUSTED EBITDA EBITDA after non-recurring items After deduction of non-recurring costs of NOK 18m related to acquisitions, restructuring and share-option costs. Depreciation and amortization Increase relates to acquired assets through business combinations Net interest expense Relates to interest on bonds, earn-out and RCF offset by interest on cash deposits. A non-cash interest expense of NOK 11 million was recognized in Q3’26 related to the SMSPortal earn-out. NOK 251m NOK 45mNOK 132m (NOK 171m) (NOK 22m)(NOK 95m) Currency exchange gains (losses) Consisting of revaluation of cash, bonds and intercompany loans. NOK 39m (NOK -21m) 206 245 227 219 Q3’25 Q4’25 Q1’26 Q2’26 11 Q3’26 216 +5% 195 216 265 272 70 11,5% Q3’25 10,9% Q4’25 13,2% Q1’26 13,3% Q2’26 13,3% Q3’26 268 +37%
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9 Financial Review BALANCE SHEET ● Non-current assets amounted to NOK 7,704 million, compared with NOK 6,713 million in the prior year, largely reflecting higher goodwill and other intangible assets from SMSPortal and other immaterial acquisitions. ● Goodwill increased by NOK 198 million compared to the prior year due to the acquisition of SMSPortal and other immaterial acquisitions, partially offset by foreign currency effects. ● Other intangible assets increased by NOK 757 million compared to the prior year mainly due to acquisition effect, partially offset by amortization and foreign currency effects. ● Trade and other receivables were NOK 1,581 million compared to NOK 1,250 million in the prior year. The increase was mainly due to acquisitions of NOK 204 million and foreign currency effects. ● Cash and cash equivalents were NOK 721 million at quarter-end, down from NOK 1,851 million in the prior year. The decrease year over year was mainly driven by NOK 1.4 billion of cash used in investing activities including NOK 1.0 billion used in acquisitions and NOK 160 million used in earn-out payments, NOK 317 million of financing outflows primarily from NOK 300 million from the share buy back program and NOK 32 million of foreign exchange effects, partially offset by operating cash inflows of NOK 601 million. ● Total equity amounted to NOK 5,269 million, compared with NOK 5,487 million in the prior year, representing 53% of total assets compared to 56% in the prior year. ● Long-term borrowings increased by NOK 39 million due to a draw of EUR 20 million from the RCF, partially offset by foreign currency effects. ● Other non-current liabilities amounted to NOK 224 million, including a conditional payment related to SMSPortal of NOK 141 million and NOK 53 million related to the cross-currency swap between EUR and ZAR. ● Current liabilities were NOK 1,580 million, compared with NOK 1,458 million in the prior-year. The increase was mainly due to acquisitions, partially offset by a reduction in tax payables. ● Leverage ratio for the last twelve months is 1.9x compared to 1.0x in the prior year. The increase is primarily due to a decrease in cash as a result of NOK 1.0 billion used in acquisitions, NOK 160 million used in earn-out payments and NOK 300 million used in the share buy back program as well as an increase in debt of NOK 225 million from the revolving credit facility. Key asset items (NOK million) Net debt (NOK million) and leverage Balance sheet and cash flow Assets Equity and liabilities CASH FLOW ● Net cash flows from operating activities were NOK 63 million, compared with NOK 196 million in the prior year. The decrease was driven by working capital movements reflecting normal timing effects and taxes paid, partially offset by higher profit adjusted for non-cash items. Operating activities ● Net cash flows used in investing activities were NOK 71 million, compared with NOK 91 million in the prior-year period. The decrease is primarily driven by a NOK 16 million reduction in M&A- related cash outflows, with the remainder due to lower investment in internally developed CPaaS solutions. Investing activities ● Net cash flows used in financing activities were NOK 44 million, compared to NOK 26 million in the prior year. The increase is due to an increase of interest paid of NOK 8 million from the cross- currency swap and revolving credit facility and a reduction of proceeds from share issuance of NOK 9 million. Financing activities 721 6,713 7,704 1,250 1,581 1,851 809 840 2,062 1,079 Non-current assets Trade and other receivables Cash and cash equivalents 1.0x 1.9x NIBD LTM Adj. EBITDA Leverage Q3 2026Q3 2025Q3 2026Q3 2025 (Comments are made on a year-on-year basis and figures in brackets refer to the same period last year)
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10 Gross profit Adjusted EBITDA EBITDA Operating profit Finance expenses, net Profit before income tax Profit from continuing operations NOK ’000 Condensed consolidated income statement Note Total operating revenues 3 Direct cost of services rendered 3 Payroll and related expenses 3 Restructuring costs Share based compensation 7 Depreciation and amortization 8 Net interest expense Net other financial (expenses) income Income tax (Loss) profit from discontinued operations 10 Basic earnings per share from continuing operations Diluted earnings per share from continuing operations Basic earnings per share Diluted earnings per share Q3 2026 Q3 2025 YTD 2026 YTD 2025 Year 2025 2 011 358 1 694 067 6 066 426 5 102 870 7 083 091 (1 527 126) (1 292 955) (4 598 672) (3 870 063) (5 389 124) 484 232 401 112 1 467 754 1 232 806 1 693 968 (137 617) (130 709) (417 772) (395 456) (545 121) (78 141) (75 023) (244 135) (231 903) (327 706) 268 474 195 380 805 847 605 447 821 141 (3 740) (6 668) (11 924) (6 888) (15 704) (169) (3 381) 3 201 (21 744) (21 379) 250 881 171 102 743 497 523 043 718 209 (132 429) (95 253) (391 520) (284 393) (400 976) 118 453 75 849 351 977 238 650 317 234 38 668 (21 463) 79 246 (58 644) (83 522) (44 938) (22 103) (106 833) (79 439) (106 393) (3 369) 5 730 (43 557) (2 516) 3 081 (9 639) (37 836) (71 144) (140 600) (186 835) 108 813 38 013 280 832 98 050 130 399 (32 854) (20 903) (72 432) (41 733) (43 713) 75 959 17 110 208 401 56 316 86 685 (239) - (2 491) (2 491) 0.27 0.06 0.73 0.19 0.28 0.27 0.06 0.73 0.18 0.28 0.27 0.06 0.92 0.18 0.28 0.27 0.06 0.92 0.17 0.27 54 430 9 9 9 Other operating expenses Expenses related to M&A (13 684) (14 228) (53 626) (53 772) (65 848) Net currency exchange gains (losses) Profit for the period 75 721 17 110 262 831 53 826 84 195 Earnings per share (NOK/share): 9
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11 NOK ’000 Profit for the period Total Total other comprehensive (loss) income Total comprehensive (loss) income Year 2025 84 195 68 730 70 696 154 891 Condensed consolidated statement of comprehensive income Q3 2026 Q3 2025 75 721 17 110 Exchange differences on translation of foreign operations (224 305) (40 554) 72 287 Gains (losses) investment hedge, net 38 855 10 260 (4 560) Tax effect on items in other comprehensive income (8 548) 606 1 003 (193 998) (29 688) Remeasurement of defined benefit pension plans - - 1 966 (193 998) (29 688) (118 278) (12 578) YTD 2026 YTD 2025 262 831 53 826 (408 366) (10 906) 89 443 6 508 (19 677) 1 432 (338 601) (2 967) - - (338 601) (2 967) (75 770) 50 859 Other comprehensive income Items that may subsequently be reclassified to profit or loss for the period Items that will not be reclassified to profit or loss for the period
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12 8 333 418 2 636 535 10 969 953 5 733 099 3 168 710 2 068 144 5 236 854 10 969 953 Non-current assets Current assets Total assets Total equity Total non-current liabilities Current liabilities Total liabilities Total liabilities and equity Current assets Condensed consolidated statement of financial position Assets Non-current assets Goodwill 4 970 331 5 325 395 Other intangible assets 2 515 109 2 798 619 Right-of-use-assets 24 345 18 763 Equipment and fixtures 21 545 23 537 Deferred tax assets 153 293 150 587 Other long-term receivables 18 877 16 517 7 703 500 Trade and other receivables 5 1 580 597 1 604 323 Cash and cash equivalents 721 312 1 032 212 2 301 909 10 005 409 Equity and liabilities Shareholders equity 5 269 100 5 733 099 5 269 100 Non-current liabilities Long-term borrowings 6 2 648 241 2 636 939 Lease liabilities 6 13 042 9 667 Deferred tax liabilities 270 273 306 792 Other non-current liabilities 6 224 333 215 311 3 155 889 Current liabilities Borrowings, current 6 14 267 14 152 Lease liabilities 6 12 750 10 760 Trade and other payables 1 939 481 Tax payable 43 732 103 751 1 580 419 4 736 308 10 005 409 - - - - 1 509 671 NOK ’000 Note Q3 2026 Year 2025Q3 2025 4 772 382 1 757 784 21 401 19 547 131 715 10 531 6 713 361 1 249 712 1 850 535 3 100 247 9 813 608 5 487 492 5 487 492 2 609 723 11 858 221 544 24 531 2 867 656 13 813 11 243 1 314 488 118 915 1 458 460 4 326 116 9 813 608
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13 Condensed consolidated statement of changes in equity YTD Q3 FY25 (NOK ’000) Note Balance at January 1, 2025 Share capital Treasury funds Share premium Other reserves Retained earnings Total equity 1 494 (344 574) 5 952 203 490 188 (721 011) 5 378 300 Profit for the period - - - - 53 826 53 826 Total other comprehensive income - - - (2 967) - (2 967) Total comprehensive income - - - (2 967) 53 826 50 859 Changes due to issue of stock 7 22 016 28 207 - - 50 229 Share based payment - - 8 104 - 8 104 Balance at September 30, 2025 1 501 (322 558) 5 980 410 495 325 (667 185) 5 487 492 <blank> <blank> <blank> <blank> <blank> <blank><blank> 0 13 YTD Q3 FY26 (NOK ’000 ) Note Balance at January 1 2026 Share capital Treasury funds Share premium Other reserves Retained earnings Total equity 1 530 (320 716) 6 131 023 560 044 (638 782) 5 733 099 Profit for the period - - - - 262 831 262 831 Total other comprehensive income - - - (338 601) - (338 601) Total comprehensive income - - - (338 601) 262 831 (75 770) Changes due to issue of stock - 8 032 (97 094) - (89 062) Changes due to repayment of equity - (299 990) - - (299 990) Cancellation of treasury shares (105) 570 651 - - (570 546) - Share based payment - - - 824 - 824 <blank> <blank> <blank> <blank> <blank> <blank><blank> Balance at September 30, 2026 1 425 (42 023) 6 131 023 125 173 (946 497) 5 269 100
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14 Year 2025 Condensed consolidated statement of cash flows NOK ’000 Note Q3 2026 Q3 2025 Profit before income tax Taxes paid Finance expense 9 639 184 065 Depreciation and amortization 8 132 429 95 253 400 805 Employee benefit - share based payments 10 313 Net gains from disposals (130) (1) (4) Change in other provisions (5 725) 11 941 12 576 Change in trade and other receivables (4 217) 120 334 16 177 Change in trade and other payables (123 725) (92 167) 62 653 Net cash flows from operating activities 65 804 195 684 697 679 Net cash flows from investing activities Payment for equipment and fixtures Proceeds from sales of equipment and fixtures - 1 4 Payment for acquisition of subsidiary, net of cash 11 (28 091) - (1 091 333) Payment of earn-out (415) (44 338) (44 338) Purchase (disposal) of other investments - - (8 050) Repayment of equity - - - Other financial items - - (8 146) Proceeds from borrowings 6 1 162 331 Repayment of borrowings - (1 997 736) Interest paid (137 208) Principal elements of lease payments (4 356) (2 840) (11 827) Net cash flows used in financing activities (44 173) (25 881) (968 729) Effect of foreign exchange rate changes 9 905 (19 738) (43 047) Cash and equivalents at end of the period 721 312 1 850 535 1 032 212 Net cash flows used in investing activities (91 086) (1 350 031) 37 836 2 654 Net cash flows from investing activities from disc. operations - - 217 638 (71 307) Payment for intangible assets YTD 2026 YTD 2025 71 151 138 109 391 520 284 223 824 8 104 (133) (2) (10 268) 1 287 (26 216) 184 270 (212 500) (180 985) 368 130 461 992 3 2 (78 433) (150 441) (160 453) (44 338) - - (374 505) (342 838) - 217 638 (299 990) - - (8 146) 223 660 1 162 331 - (1 997 736) (109 279) (106 289) (10 131) (8 962) (284 803) (936 786) (17 104) (28 173) 721 312 1 850 535 284 - - (39 817) (191) (31 405) Net cash flows from operating activities 108 813 38 013 280 832 98 050 130 399 (51 565) (18 180) (127 080) (71 063) (119 305) - (762) (6 386) (4 516) (7 637) (42 801) (45 986) (129 237) (143 545) (198 676) Net cash flows from financing activities Proceeds (payments) for issuing shares - 8 556 (89 062) 22 016 23 858 Net change in cash and cash equivalents (52 295) 78 717 (293 796) (599 993) (1 403 442) Cash and equivalents at beginning of period 763 702 1 791 556 1 032 212 2 478 701 2 478 701 Net cash flows used in operating activities from disc. operations (2 619) - (2 619) - -
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15 Selected notes to the accounts Note 1 – General information LINK Mobility Group Holding ASA (LINK) is a public limited company registered in Norway. LINK is headquartered in Oslo, Norway, and is one of Europe’s leading Communication Platform as a Service (CPaaS) providers within mobile communication, specializing in messaging and digital services. The Group has 706 employees and operates in 18 European countries and in Mexico, Colombia, and South Africa. The Board of Directors approved the condensed interim financial statements for the three and nine months ended September 30, 2026, for publication on November 4, 2026. The Group financial statements for the third quarter have not been subject to audit or review by external auditors. Note 2 – Basis for preparation and significant accounting policies The condensed consolidated interim financial statements have been prepared in accordance with IAS 34 “Interim Financial Reporting”. The condensed interim financial statements do not include all information and disclosures required in the annual financial statements and should be read in conjunction with the Group’s annual report for 2025, which was prepared according to IFRS® accounting standards as adopted by the EU and the Norwegian Accounting Act. The preparation of interim financial statements requires the Group to make certain estimates and assumptions that affect the application of accounting policies and reported amounts of assets, liabilities, income, and expenses. Estimates and judgments are continually evaluated by the Group based on historical experience and other factors, including expectations of future events that are deemed to be reasonable under the circumstances. Actual results may differ from these estimates. The most significant judgments used in preparing these interim financial statements and the key areas of estimation uncertainty are the same as those applied in the consolidated annual report for 2025. The presentation currency of the consolidated interim financial statements is Norwegian kroner (NOK). Unless otherwise stated, amounts presented are in thousands of NOK. The accounting policies applied in the preparation of the consolidated interim financial statements are consistent with those applied in the preparation of the annual IFRS financial statements for the year ended December 31, 2025. For information related to amendments to standards, new standards, and interpretations effective from January 1, 2026, please refer to the Group Annual Report for 2025. None of the amendments, standards, or interpretations effective from January 1, 2026, have had a significant impact on the Group’s consolidated interim financial information.
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16 Note 3 – Segment reporting The Group reports revenues, gross profit (revenues less direct costs) and adjusted EBITDA in functional operating segments to the Board of Directors (the Group’s chief operating decision makers). While LINK uses all three measures to analyze performance, the Group’s strategy of profitable growth means that adjusted EBITDA is the prevailing measure of performance (refer to alternative performance measures). An examination of operating units based on market maturity and product development as well as geography identified five natural reporting segments. These are Northern Europe, Central Europe, Western Europe, Rest of the World, and Global Messaging; these represent market clusters. Generally, regions are segregated into similar geographic locations as these follow similar market trends. Global Messaging includes all regions with aggregator traffic; the other four have enterprise traffic. The regions are: Northern Europe Northern Europe is composed of Denmark, Finland, Norway and Sweden. Central Europe Central Europe is composed of Austria, Bulgaria, Germany, Hungary, North Macedonia, Italy, Poland, and Romania. Western Europe Western Europe is composed of France, Portugal, Spain (including subsidiaries in Colombia and Mexico), and the United Kingdom. Rest of the World Rest of the World is composed of South Africa and its international business. Global Messaging Global Messaging is composed of non-enterprise traffic and is representative of either a stand-alone business or a component of revenues in the countries included above. If a business is composed of both enterprise and wholesale/aggregator transactions, the latter are segregated here. The Swiss operation LINK Messaging AG and Tismi in the Netherlands are included here. An SMS wholesaler/aggregator purchases bulk messaging capacity from multiple mobile network operators and provides businesses with a platform to send high-volume application-to-person (A2P) messages such as notifications, authentication codes, and marketing messages. Unlike conventional SMS, which is person-to- person messaging sent directly between mobile subscribers through their own operator, aggregators act as intermediaries that route and manage large-scale commercial messaging traffic across multiple networks.
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17 YTD 2026 YTD 2026 YTD 2026 YTD 2026 Revenue per segment (NOK ’000) Gross profit by segment (NOK ’000) Adj. EBITDA by segment (NOK ’000) Reconciliation of adjusted EBITDA to Group profit (loss) before income tax (NOK ’000) Note 3 – Segment reporting - continued Northern Europe 387 190 375 347 Q3 2026 Q3 2025 Central Europe 551 604 503 142 Western Europe 417 450 410 446 Rest of the World 298 289 - Total revenues 2 011 358 1 694 067 Northern Europe 101 505 103 452 Q3 2026 Q3 2025 Central Europe 144 055 141 488 Western Europe 103 260 99 030 Rest of the World 78 000 - Total gross profit 484 232 401 112 Northern Europe 66 428 70 304 Q3 2026 Q3 2025 Central Europe 100 784 Western Europe 47 348 Global Messaging 37 442 40 356 Group Costs (51 679) (52 447) Total adjusted EBITDA 268 474 195 380 Adjusted EBITDA 268 474 195 380 Q3 2026 Q3 2025 Non-recurring items (17 593) (24 278) Depreciation and amortization (132 429) (95 253) Operating profit 118 453 75 849 Finance expenses, net (9 639) (37 836) Profit before income tax 108 813 38 013 Global Messaging 356 825 405 133 Global Messaging 57 412 57 142 Rest of the World 68 151 - 1 192 523 1 608 978 1 273 165 866 435 1 125 325 6 066 426 308 360 432 657 317 114 236 624 172 999 1 467 754 192 558 307 321 154 093 207 579 115 906 (171 610) 805 847 805 847 (62 350) (391 520) 351 977 (71 144) 280 832 * Non-recurring items are expenses related to significant one-time, non-recurring events such as acquisitions and restructuring activities and share-based compensation YTD 2025 Year 2025 312 243 422 522 423 981 577 112 306 694 426 102 - 25 859 189 888 242 372 1 232 806 1 693 968 YTD 2025 Year 2025 1 150 593 1 600 710 1 508 932 2 068 127 1 192 360 1 683 747 - 103 546 1 250 984 1 626 960 5 102 870 7 083 091 YTD 2025 Year 2025 605 447 821 141 (82 404) (102 931) (284 393) (400 976) 238 650 317 234 (140 600) (186 835) 98 050 130 399 YTD 2025 Year 2025 203 347 266 587 293 495 401 611 141 118 196 033 - 22 784 139 247 173 980 (171 760) (239 855) 605 447 821 141 95 816 41 351
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18 Year 2025 Note 4 – Related party transactions Balances and transactions between LINK Mobility Group Holding ASA and its subsidiaries have been eliminated on consolidation and are not disclosed in this note. As of September 30, 2026, the Group has not entered into any transactions with related parties. If any material related party transactions are entered into in the future, they will be disclosed in accordance with the requirements of IAS 24 Related Party Disclosures. Note 5 – Assets Trade receivables and other receivables represent the Group’s maximum exposure to credit risk at the balance sheet date. Trade accounts receivable relate to the sale of mobile messaging transactions, payment services, licenses, and consulting services; these are within the normal operating cycle. Unbilled revenue is representative of an estimate for messaging traffic. An accrual for revenue is made to best reflect volumes in advance of when an invoice from the telecommunications provider is received. The earn-out receivable related to the divestment of Message Broadcast LLC (US subsidiary) consists of the remaining seller note of USD 3.4 million. Other short-term receivables consist principally of prepayments, tax receivables and amounts receivable from customers. The carrying amounts of current assets are considered to approximate their fair values. Current assets (NOK ’000) Q3 2026 Trade receivables 1 196 164 1 188 088 Unbilled revenue 228 470 182 723 Earn-out and SPA receivable 35 247 35 621 Other short-term receivables 120 715 197 891 Total 1 580 597 1 604 323
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19 2 636 939 Year 2025 Non-current financial liabilities (NOK ’000) Bond loan 2 430 211 Revolving facility agreement 218 030 - Lease liability 13 042 9 667 Earnout 141 480 165 307 Derivative liability 52 930 22 636 Total 2 885 616 2 861 917 Current liabilities (NOK ’000) Q3 2026 Lease liability 12 750 10 760 Debt to financial institutions/bond loan 14 267 14 152 Total 27 017 24 912 Other long-term liabilities 29 924 27 369 Q3 2026 Year 2025 On October 23, 2024, LINK successfully placed a EUR 125 million senior unsecured bond due October 23, 2029 (“LINK02”). The bond will have a coupon of 3-month EURIBOR + 2.35% per annum. The bond is listed on the Oslo Stock Exchange and the Frankfurt Open Market. On June 17, 2025, LINK successfully placed a EUR 100 million senior unsecured bond due June 17, 2030 (“LINK03”). The bond has a coupon of 3-month EURIBOR + 2.75% per annum. The bond is listed on the Oslo Stock Exchange and the Frankfurt Open Market. On July 3, 2025, the Group entered a Senior Revolving Credit Facility ("RCF") with Nordea Bank ABP. The facility provides committed financing of EUR 65 million and has a maturity date of July 3, 2028. On April 7, 2026, the Group made one drawdown under the facility of EUR 20 million. The facility bears annual interest at EURIBOR plus a 1.60 percent margin. Interest is payable periodically in accordance with the loan agreement. The RCF contains customary representations, warranties and financial covenants, including requirements relating to: Net leverage ratio Restrictions on certain disposals and acquisitions Negative pledge provisions Events of default The Group complied with all financial covenants throughout the reporting period and at the reporting date. The Group has entered into a cross-currency swap agreement with a financial institution to manage its exposure to foreign currency and interest rate risk arising from funding arrangements. Under the agreement, the Group receives fixed interest on a notional amount of EUR 50 million and pays fixed interest on a notional amount of ZAR 994 million. The swap has a maturity date of July 23, 2029. The derivative is measured at fair value through profit or loss in accordance with IFRS 9, as the instrument is not designated in a hedge accounting relationship. Changes in the fair value of the derivative are recognized in profit or loss within financial income or financial expenses. The fair value reflects the present value of future cash flows based on observable market inputs, including foreign exchange rates, interest rate curves and credit spreads Note 6 – Debt
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20 Note 7 – Options In Q3 2026, an expense of NOK 0.2 million was recognized in relation to the LTIP, Chairman of Board, and employee option programs. The expense recognized was related to social security tax accruals as a function of the share price increase during the quarter. Note 8 – Depreciation and amortization NOK ’000 Q3 2026 Q3 2025 YTD 2026 Equipment and fixtures 2 153 Right-of-use-assets 2 834 Intangible assets acquisitions* 63 412 Intangible assets - subsidiaries** 26 855 Total depreciation and amortization 95 253 YTD 2025 Year 2025 7 216 9 034 185 149 82 994 284 393 *Acquisitions: depreciation of allocated surplus values from purchase price allocations on acquisitions (Group level) **Subsidiaries: depreciation of amounts booked in subsidiary balances. Includes book values from acquisitions 1 697 7 285 9 997 4 461 10 009 11 848 70 223 210 442 251 460 56 048 163 785 127 672 132 429 391 520 400 976
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21 Note 9 – Earnings per share NOK ’000 Profit from continuing operations Q3 2026 Q3 2025 YTD 2026 YTD 2025 Year 2025 (Loss) profit from discontinued operations Profit for the period Weighted average number of ordinary shares (basic) 283 456 300 047 284 501 300 047 305 901 Weighted average number of ordinary shares (diluted) 284 624 307 964 285 660 307 964 307 656 Basic earnings per share from continuing operations 0.06 Diluted earnings per share from continuing operations 0.06 Basic earnings (loss) per share from discontinued operations Diluted earnings (loss) per share from discontinued operations Basic earnings per share Diluted earnings per share Number of issued ordinary shares per period end 285 002 300 047 285 002 300 047 305 901 75 959 17 110 208 401 56 316 86 685 (239) - 54 430 (2 491) (2 491) 75 721 17 110 262 831 53 826 84 195 0.73 0.19 0.28 0.27 0.73 0.18 0.28 (0.00) - 0.19 (0.01) (0.01) (0.00) - 0.19 (0.01) (0.01) 0.27 0.06 0.92 0.18 0.28 0.27 0.06 0.92 0.17 0.27 0.27
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22 Note 10 – Discontinued operations Operations presented as discontinued operations include Message Broadcast LLC. LINK signed a sales and purchase agreement on November 7, 2023, and the divestment closed on January 3, 2024. Discontinued operations are excluded from the results of continuing operations and are presented as a single line, after tax, in the condensed consolidated income statement. Discontinued operations are also excluded from segment reporting (Note 3), where the operation was previously reported as a separate segment (North America). In 2026, the estimated tax liability related to the sale of Message Broadcast LLC was reduced by NOK 54 million, following finalization of the US tax returns. The reduction was recognized as a change in estimate in profit (loss) from discontinued operations. (Loss) profit from discontinued operations is shown in the table below: Acquisition of Web2SMS On March 11, 2026, LINK Mobility Group AS announced the 100% acquisition of Web2SMS in Romania. Following regulatory approval, the acquisition closed on June 1, 2026. The purchase price was paid in cash at closing. Web2SMS is a Romanian communication and marketing platform designed to help businesses enhance their client relationships through efficient SMS strategies. Web2SMS is a leading Romanian A2P SMS provider, currently ranking as the largest player in the country by volume. Web2SMS delivers a high volume of SMS messages across Romania, maintaining direct connections with all major mobile operators to ensure secure message delivery. Note 11 – Business combinations YTD 2025NOK ’000 Q3 2026 Adjustment of contingent consideration - Q3 2025 - (2 491) Adjustment of tax payable to US government (239) - - Acquisition of KPM Solutions On June 8, 2026, LINK Mobility Group AS announced the 100% acquisition of KPM Solutions in Italy. The purchase price was EUR 988 thousand paid in cash at closing. Headquartered in Arezzo, Italy, it distributes approximately 114 million SMS messages annually on behalf of its customers. The transaction was accounted for as an asset acquisition. Purchase price details NOK ’000 Cash Web2SMS 48 877 Total consideration 48 877 YTD 2026 - 54 430 (Loss) profit from discontinued operations (239) - 54 430 (2 491) Acquisition of Interactive 3G S.L. On September 11, 2026, LINK Mobility Group AS announced the 100% acquisition of Interactive 3G S.L., a Spanish provider of mobile messaging services. LINK has acquired Interactive for a purchase price of EUR 3.2 million, with an additional earn-out of up to EUR 0.3 million contingent upon financial performance in 2026. Interactive 3G S.L. offers a strong enterprise customer base, creating additional commercial opportunities within an attractive enterprise customer segment in Spain. Earn-out - Interactive 3G S.L. 34 712 3 250 37 962
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23 Revenue and net profit, in the period from the date of acquisition until September 30, 2026 NOK ’000 Revenue EBITDA Net profit Estimated revenue and net profit as if the acquisition had occurred January 1, 2026 NOK ’000 Revenue EBITDA Identifiable assets and liabilities recognized on the date of the business combination Assets assumed in business combinations have been recognized at the estimated fair value on the date of the business combination. NOK ’000 Web2SMS Customer relationships 48 153 Technology 286 Equipment and fixtures 14 Other non-current assets -0 Trade and other receivables 22 791 Cash and cash equivalents 8 265 Deferred tax liability (10 594) Trade and other payables (22 172) Goodwill Goodwill originating from the business combination is primarily related to anticipated synergies from ongoing operations and the benefit of integrating the entire business into the group. No impairment has been recognized after the business combination. Goodwill that has arisen as part of the business acquisition is not tax deductible. NOK ’000 Web2SMS Total consideration 48 877 Fair value of identifiable net assets acquired 46 742 Goodwill 2 135 NOK ’000 Incurred 2026 Web2SMS 3 598 Acquisition related expenses Note 11 – Business combinations - continued Web2SMS 33 835 2 544 2 126 Web2SMS 76 160 5 241 Interactive 3G S.L. - - 346 286 13 912 6 621 - (6 279) Fair value of identifiable net assets acquired 46 742 14 886 Interactive 3G S.L. 37 962 14 886 23 076 Interactive 3G S.L. 2 342 415 415 Interactive 3G S.L. 22 261 1 719 Interactive 3G S.L. 421
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24 Identifiable assets and liabilities recognized on the date of the business combination NOK ’000 Cash 1 020 266 Equity The purchase price allocation for the acquisition of SMSPortal was presented on a provisional basis in the annual report. The 2025 comparative information was restated to reflect the adjustment to the provisional amounts. As a result, there was an increase in the customer relationships of NOK 36 million, an increase in trademarks of NOK 31 million and an increase in deferred tax liabilities of NOK 18 million. There was also a corresponding reduction in goodwill of NOK 49 million. The updated allocation, reflecting the provisional fair values of identifiable assets acquired and liabilities assumed as at the acquisition date, is presented below. Customer relationships 183 735 Trademark 93 458 Intellectual property 801 625 Other intangible assets 9 Equipment and fixtures 3 367 Other non-current assets Trade and other receivables 126 990 Cash and cash equivalents 81 176 Other current assets 12 114 Deferred tax liability (74 876) Trade and other payables (217 352) Fair value of identifiable net assets acquired 1 010 373 Goodwill Goodwill originating from the business combination is primarily related to anticipated synergies from ongoing operations and the benefit of integrating the entire business into the group. No impairment has been recognized after the business combination. Goodwill that has arisen as part of the business acquisition is not tax deductible. NOK ’000 Total consideration 1 493 489 Fair value of identifiable net assets acquired 1 010 373 Goodwill 483 116 127 Earn-out1) 322 580 Total consideration 1 493 489 1) The purchase price of SMSPortal includes a performance- based element based on financial performance in FY2026 and FY2027. Update on acquisitions in 2025 Acquisition of SMSPortal The acquisition of SMSPortal was completed November 28, 2025, and was consolidated as of December 1, 2025. SMSPortal is headquartered in Cape Town, South Africa. The purchase price consists of the following: NOK ’000 150 643 Note 11 – Business combinations - continued
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25 ALTERNATIVE PERFORMANCE MEASURES (“APMS”) To enhance the understanding of LINK’s performance, the Group presents several alternative performance measures (“APMs”). An APM is defined by the European Securities and Markets Authority (ESMA) guidelines as a financial measure of historical or future financial performance, financial position, or cash flows, other than a financial measure defined or specified in the applicable financial reporting framework (i.e. IFRS Accounting Standards in the case of LINK). Below, LINK presents certain APMs, including gross margin, EBITDA, adjusted EBITDA, and adjusted EBITDA margin. APMs such as EBITDA are commonly reported by companies in the markets in which LINK competes and are widely used by investors when comparing performance on a consistent basis without regard to factors such as depreciation and amortization, which can vary significantly depending upon accounting methods (particularly when acquisitions have occurred) or based on non-operating factors. LINK uses the following APMs: Gross margin Gross margin means gross profit as a percentage of total operating revenues. Adjusted EBITDA Adjusted EBITDA means EBITDA adjusted for expenses related to significant non-recurring events such as acquisitions and restructuring activities, and share-based compensation. LINK has presented adjusted EBITDA in the consolidated income statement because management believes the measure provides useful information regarding operating performance. Adjusted EBITDA margin Adjusted EBITDA margin is presented as adjusted EBITDA as a percentage of total operating revenues. EBITDA EBITDA means earnings before interest, taxes, depreciation, amortization, and impairments. LINK has presented EBITDA in the consolidated income statement because management believes that the measure provides useful information regarding the Group’s ability to service debt and to fund capital expenditures and provides a helpful measure for comparing its operating performance with that of other companies. See next page for a reconciliation of operating profit to Adjusted EBITDA, and adjusted EBITDA margin.
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26 Net debt The Group monitors Net debt according to bond loan terms, which includes interest-bearing debt and debt-like arrangements. Net debt is derived from the balance sheet and consists of both current and non-current liabilities such as bond loan, other debt from financial institutions and current and non-current lease liabilities less cash and cash equivalents. Payable seller’s credits, holdback and earn- outs are included in net debt to the extent they are interest- bearing. Net debt/LTM Adjusted EBITDA LINK measures leverage ratio as Net debt/Last Twelve Months Adjusted EBITDA. The measure provides useful information about the financial position. Due to M&A activity LINK uses Last Twelve Months Proforma Adjusted EBITDA to calculate the leverage ratio to present a comparable measure over time. Below is a reconciliation of Net debt and Net debt/Adjusted EBITDA ratio. NOK ’000 Q3 2026 Operating profit ("EBIT") 118 453 Q3 2025 75 849 Depreciation and amortization 132 429 95 253 EBITDA 250 881 171 102 Add: Share based compensation 169 3 381 Operating revenues 2 011 358 1 694 067 Add: Restructuring cost 3 740 6 668 <blank> <blank> <blank> Adjusted EBITDA 268 474 195 380 Adjusted EBITDA margin 13.3 % 11.5 % NOK ’000 Q3 2026 Bond loan - Principal 2 532 433 Q3 2025 2 636 841 IFRS 16 liabilities 25 792 23 102 Less: cash (721 312) (1 850 535) Net debt 809 407 LTM adjusted EBITDA (proforma) 1 079 013 839 601 Net debt/LTM adjusted EBITDA 1.9 1.0 2 062 018 Year 2025 2 636 841 20 427 (1 032 212) 1 625 055 1 093 805 1.5 Year 2025 317 234 400 976 718 209 15 704 21 379 7 083 091 821 141 11.6 % Add: Expenses related to acquisitions 13 684 14 228 65 848 Adjusted EBITDA 268 474 195 380 821 141 Revolving facility agreement 225 105 - -
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Thank you LINK Mobility Group Holding ASA November 4, 2026 linkmobility.com We appreciate your continued interest in LINK Mobility Group Holding ASA. For more information, please contact: Christian Nygaard IR & Corporate Strategy Manager ir@linkmobility.com