NAPA: Napatech Receives Follow-On Production Order for AI Infrastructure Design Win

COPENHAGEN, Denmark - August 13, 2026 (OSLO: NAPA.OL) - NapatechTM, a leading
provider of Programmable Network Interface Cards used in data centers, today
announced that it has received a follow-on production order related to a major
AI-infrastructure design win secured in 2025.

The order, from a pioneer in AI inference systems, comprises approximately 2,000
units and has a multi-million-dollar value, with shipments expected to commence
in the first quarter of 2027. It represents the next phase of the customer's
deployment and signals the start of scaling to higher production volumes. The
order follows the initial production order for 1,000 units announced in May 2026
and represents a significant step in the progression of the program from initial
production to broader deployment. 
 
"This follow-on order marks the beginning of the scaling phase for this
deployment and is an important validation of our AI infrastructure strategy,"
said Kartik Srinivasan, CEO of Napatech. "As AI inference moves to large-scale
production, the architecture of the underlying infrastructure is changing.
Efficiently moving and processing data across the infrastructure is becoming
increasingly critical to overall system performance, and we believe programmable
NICs will be a foundational building block of next-generation inference
platforms. This deployment demonstrates the differentiated role Napatech can
play as AI inference moves into volume production."

The deployment utilizes Napatech's programmable SmartNIC technology as a key
component of the customer's AI infrastructure solution, providing
high-performance networking and acceleration capabilities for large-scale AI
inference workloads.

The order is expected to have a positive impact on Napatech's financial
performance in 2027 and does not impact the company's full-year 2026 guidance,
which remains unchanged.

About Napatech
Napatech is the leading provider of programmable SmartNIC and DPU solutions that
accelerate AI, network, storage, and security workloads for cloud, enterprise,
and telecom datacenters worldwide. Through commercial-grade software suites
integrated with high-performance hardware, Napatech accelerates workloads to
deliver best-in-class system-level performance while maximizing the availability
of server compute resources for applications, services, and revenue. 

No Forward-Looking Statements
This press release may contain forward-looking statements which are only
predictions and may differ materially from actual future events or results due
to a variety of factors, including but not limited to, business conditions,
trends in the industry and markets, global economic and geopolitical conditions,
macro-economic factors, and other risks and uncertainties set forth in
Napatech's reports. The matter discussed in this release is based on current
expectations and is subject to change. Napatech will not necessarily update this
information. For details, visit us at www.napatech.com.

Investor Relations		
Klaus H. Skovrup 					
Chief Financial Officer 			
ksk@napatech.com				
+45 4596 1500		
 H. Skovrup 					\
Chief Financial Officer 			\
ksk@napatech.com				\
+45 4596 1500		\