OMDA: Omda completes acquisition of Saab Public Safety Solutions, strengthening its Emergency business

Omda AS (Euronext Growth Oslo: OMDA) has formally closed the acquisition of
Saab's Public Safety Solutions business (PSS), welcoming 72 colleagues in the
United Kingdom and Sweden. The transaction significantly expands Omda's presence
in public sector markets in the UK and Ireland and brings additional
capabilities to its emergency business.

"This is an important milestone for Omda. We are delighted to welcome 72 highly
experienced colleagues to Omda. They bring deep public safety expertise, strong
customer relationships and product knowledge that complements our existing
Emergency business. We are excited about what we can build together," says
Sverre Flatby, CEO of Omda.

Months of preparation support the next phase
The transaction was announced on 9 June. In the nearly five months since then,
Omda and Saab have worked closely to prepare the transfer of customers and
employees. The preparation builds on a relationship developed over several
years, including a previous transaction between the two companies in 2018.

With the acquisition now completed, the focus shifts to bringing the teams
together, ensuring continuity for customers and developing the opportunities
created by the broader Emergency business.

"The parties have used the time between signing and closing well. Both Omda's
and Saab's teams have invested substantial time and effort in preparing for this
moment. We can now build on that work, with a clear focus on customer continuity
and bringing our teams together," Flatby says.

A broader offering and a larger opportunity
PSS develops situational awareness software for organisations including police,
fire and rescue services, airports and transport operators. Its technology helps
professionals make informed decisions and coordinate responses in demanding
situations. Based in Hull and Gothenburg, the business adds expertise that
strengthens Omda's offering across the emergency services software ecosystem.

Together, the businesses bring complementary software and deep domain expertise
across emergency response and situational awareness, creating more opportunities
to support customers across critical parts of their operations.Omda's ambition
is to develop these opportunities through close customer relationships, while
preserving the product knowledge and local responsibility that underpins its
profitable operating model.

The commercial opportunity has also developed during the preparation period. In
its August update, Omda reported that PSS had secured additional customer
agreements with an estimated total value of approximately SEK 60 million. Based
on the expanded business, Omda now estimates an annual revenue base exceeding
SEK 100 million, compared with around SEK 80 million communicated at signing.
This provides a larger platform for profitable growth within Omda's Emergency
business.

Predictable revenues support further growth
Throughout 2026, Omda has emphasised the combination of profitable operations
and acquisition opportunities. Its specialised software supports essential daily
work in healthcare and emergency services, where established customer
relationships and recurring revenues provide visibility. The PSS acquisition
extends this model into a larger business with a broader market reach.

"We now have a stronger platform for growth, combining experienced teams,
established customer relationships and complementary products. Our focus from
here is on delivering for customers and building the next phase of our Emergency
business together," Flatby concludes.

Omda will present its Q3 2026 results on 18 November 2026. The guidance for the
remainder of 2026 and for 2027, to be presented at that time, will include the
acquired business.

For further information
Einar Bonnevie, Chief Financial Officer
+47 91 55 45 32 | einar.bonnevie@omda.com
nformation\
Einar Bonnevie\, Chief Financial Officer\
+47 91 55 45 32 | einar.bonnevie@omda.com\