Observe Medical - Company presentation with trading update

Oslo, 10 November 2026.

With reference to today's webcast, please find enclosed the presentation.

Highlights:

  - Continuous sales growth - up 51%* year to date, driven by value-based
products
  - Order intake accelerating - up 49%* year to date, with NOK 5.7 million in
November alone
  - Go-to-market model shaped and proven, scaling has started - focus markets
have grown by up to 700%, scaling through increased sales capacity and
competence
  - Establishing clinical leadership - two publications on UnoMeter Safeti Max
by Karolinska University Hospital clinicians; now executing towards clinical and
financial decision makers
  - UnoMeter Sippi: first step into the US - the ICU team at Northwell Health
has asked to be the first users in the US

*Growth in EUR. Unaudited figures; see the presentation for details.

A recording of the presentation is also available at:Hegnar Media - Observe
Medical Trading update november 2026 (https://qcnl.tv/p/NAjGJcoaq4K7jHYMejf9xQ)

For further information, please contact:

Jørgen Mann, CEO Observe Medical
Mobile: +45 408 67 558
E-mail: jorgen.mann@observemedical.com

Johan Fagerli, CFO Observe Medical
Mobile: +47 958 12 765
E-mail: johan.fagerli@observemedical.com

About Observe Medical

Observe Medical is a Nordic medtech company that develops, markets and sells
innovative medtech products for the global market. The Company is committed to
improving patient welfare and patient outcomes, improving clinical data accuracy
and promoting positive health economics.

The Company seeks to drive growth by leveraging its expertise in sales and
commercialization of its broad portfolio of medical technology products, mainly
in urine measurement, in combination with targeted M&A and distribution. Observe
Medical is working with a network of leading distributors to provide outstanding
solutions for healthcare professionals globally.

The Company is headquartered in Oslo, Norway.

Further information is available
at observemedical.com (http://www.observemedical.com) and follow us at
LinkedIn (https://www.linkedin.com/company/observe-medical/)for the latest
updates
s://www.linkedin.com/company/observe-medical/)for the latest\
updates\