At the end of the quarter Xplora had 474k subscriptions, an increase of 32% compared to the same period last year. This contributed to 15% growth in service revenue to NOK 92m, whereas device revenue increased 10% to NOK 284m. Xplora exited Q1 2026 with an ARR of NOK 367m, up 15% from NOK 319m at the end of Q1 2025.

The company has outlined three strategic levers to drive growth towards the target of one million subscriptions: expanding its scope of products and services, broadening its customer reach, and entering more geographical markets.

“During the quarter, we broadened our product portfolio with the XploraOne feature phone for children, delivered on important steps towards the senior SIM service sales in retail, as well as progressed in the development of premium services for seniors, all of which will be important growth drivers for the group’s subscription base” says CEO Sten Kirkbak.

The total subscription base of 474k currently reflects activity in the children’s market within the Children & Youth segment, as the company is in the early stages of converting the customer bases in the youth and senior markets into subscriptions and recurring services revenue. Mobile subscriptions totalled 299k, with the Nordics still accounting for the majority, while Germany remained the strongest growth driver.

The group sold a total of 370k connectable devices in Q1 2026, an increase of 15% compared to Q1 2025. This comprised 326k senior phones (+10%) and 44k devices in the Children & Youth segment (+69%). Q1 is the seasonally slowest quarter for device sales, especially for the children smartwatch market.

“We continue to show healthy year-on-year growth, and operationally we are advancing in accordance with our strategy towards becoming the leading European IoT platform for family-focused connected devices and services” Kirkbak adds.

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The company will present the financial results for the first quarter today at 08:00 CET at the offices of SpareBank 1 Markets in Olav Vs gate 5, 0161, Oslo.

Program (all times in CET):
07:00: Q1 2026 report published on NewsWeb and Xplora IR website.
08:00: Live and webcasted presentation of Q1 2026 results by CEO Sten Kirkbak,
CFO Knut Stålen, CCO Kjetil Fennefoss, and Business Unit Director Tommy
Krznaric, including Q&A.

The presentation will be transmitted via live webcast on the company's website at www.xplora.com/investor, and a recording will be made available on the company's website after the event.

For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com

The information contained in this statement has not been audited and may be subject to change. This information is subject to disclosure requirements in Regulation EU 596/2014 (MAR) article 19 no. 3 and the Norwegian Securities. Trading Act section 5-12.

About Xplora Technologies AS:
Xplora Technologies is a Norway-founded, technology company creating smart devices, services and communication solutions for children, youth and seniors that keep families connected, safe, and balanced. The company's purpose is to build a safer and healthier digital life for all generations. As the pioneer of the kids' smartwatch category in Europe, Xplora Technologies today serves the full spectrum of family needs from early childhood to later life, through its two brands Xplora and Doro. The company positions itself as a family-first organization and a trusted advisor for parents and caregivers throughout the digital journey, delivering the right technology at the right time. Xplora Technologies is headquartered in Oslo, Norway with operations in leading European markets and North America. The company is listed on Euronext Growth under the ticker XPLRA.