Sandnes, Norway 9 April 2025

Desert Control today published its Annual Report and Consolidated Financial Statements. The complete Annual Report 2024 is available in the attachment and
via the Company's website: https://www.desertcontrol.com/investors.

Accelerating market adoption & commercial traction:

• LNC deployment volumes and revenues more than doubled compared to 2023, solidifying the foundation for a projected enfold increase in contracted revenues in 2025.
• First full-scale golf course implementations secured under the Pay-As-You-Save (PAYS) model with Berkeley and Woodland Hills Country Clubs.
• Oasis Date, with 5000 acres of date farming operations, moves forward to commercial roll-out for the first 160-acre ranch in the first quarter of 2025.
• Significant growth of licensing revenues in the fourth quarter, demonstrating the success of the indirect go-to-market model in the Middle East..

Breakthrough technological advancements:

• The next-generation LNC production system prototype achieved 120,000 liters per hour capacity, enabling large-scale, cost-effective deployments.
• Full integration with irrigation systems eliminates manual application constraints and reduces operational costs.
• Advanced formulations now allow LNC production using locally available water sources with higher salinity, improving scalability in diverse regions.
• Expanded applicability beyond sandy soils, significantly increasing the addressable market.

Strategic partnerships & global recognition:

• Selected by the United Nations World Food Programme (WFP) Innovation Accelerator, positioning LNC for large-scale land restoration projects.
• Stronger engagement with regulatory bodies and industry leaders to align with evolving water conservation policies.
• Saudi Desert Control signed a landmark agreement with Estidama, integrating LNC into the Kingdom's national sustainability initiatives.

Financial & business model strengthening:

• Transition to scalable revenue streams, combining licensing, direct sales, and recurring revenue from PAYS contracts.
• Improved cost efficiency and operational resilience, paving the way for sustainable long-term growth.
• Secured contracts and expanding pipeline position Desert Control for a projected tenfold increase in contracted revenues in 2025.

Macro drivers fueling growth:

• Rising global water costs and stricter regulatory mandates accelerate demand for LNC.
• COP16 commitments reinforce the urgent need for scalable desertification and water conservation solutions.
• Economic pressures on agriculture and urban landscaping sectors strengthen.

10x growth in revenue and deployment:

• Desert Control expects more than a tenfold increase in contracted revenues and LNC deployment volumes in 2025, driven by pipeline conversion and  larger-scale projects in the U.S. and Middle East.

FINANCIAL PERFORMANCE 2024

[2023 in brackets]

LNC Revenue: NOK 1.88M [NOK 0.89M]

Licensing royalties: NOK 0.29M [NOK 0.00M]

Other income: NOK 0.01M [NOK 17.24M]

EBITDA: NOK -58.18M [NOK -60.05M]

Loss for the year: NOK -54.85M [NOK -65.27M]

Total cash balance 31.12.24 (incl. other current financial assets): NOK 63.57M [NOK 119.6M]

Equity 31.12.2024: NOK 74.77M (equity ratio: 91,8 %) [NOK 129.07M (equity ratio: 96.7 %)]

Cautionary Note:

Disclaimer related to forward-looking statements. This release contains forward
-looking information and statements relating to the business, performance, and
items that may be interpreted to impact the results of Desert Control and/or the
industry and markets in which Desert Control operates.

Forward-looking statements are statements that are not historical facts and may
be identified by words such as "aims," "anticipates," "believes," "estimates,"
"expects," "foresees," "intends," "plans," "predicts," "projects," "targets,"
and similar expressions. Such forward-looking statements are based on current
expectations, estimates, and projections, reflect current views concerning
future events, and are subject to risks, uncertainties, and assumptions, and may
be subject to change without notice. Forward-looking statements are not
guarantees of any future performance, and risks, uncertainties, and other
important factors could cause the actual business, performance, results, or the
industry and markets in which Desert Control operates to differ materially from
the statements expressed or implied in this release by such forward-looking
statements.

No representation is made that any of these forward-looking statements or
forecasts will come to pass or that any forecasted performance, capacities, or
results will be achieved, and you are cautioned not to place any undue reliance
on any forward-looking statements.