Atea reported high profit growth in the first quarter, driven by strong demand
for hardware and software. In addition, Atea recognized a gain from the partial
sale of its AppXite subsidiary, as previously announced.

Gross sales in Q1 increased by 11.5% to NOK 14.8 billion. Hardware sales grew by
18.9%, software/cloud sales grew by 9.1%, and services sales grew by 0.1% from
last year.

Net revenue (IFRS) grew by 12.9% to NOK 9.7 billion. Gross profit was NOK 2,843
million, up 6.0% from last year. Atea's gross margin was 29.5% in Q1 2026, down
from 31.4% last year, due to an increased proportion of hardware in the revenue
mix.

EBIT grew by 69.5% to NOK 476 million. In Q1 2026, Atea recognized a gain of NOK
152 million from the sale of a majority stake in its AppXite subsidiary. EBIT
excluding this gain was NOK 324 million, up 15.4% from last year.

Profit before tax was NOK 460 million, up from NOK 209 million last year. Net
profit after tax was NOK 389 million, an increase from NOK 162 million last
year.

Atea CEO Steinar Sønsteby commented: "Atea had a very strong first quarter in a
volatile market environment. Hardware order volumes increased significantly as
customers sought to secure supply for their IT investments ahead of anticipated
component shortages. In addition, underlying demand for IT investment remains
robust. Atea is working closely with partners and customers to mitigate supply
challenges. Our scale, strategic partnerships, and solid balance sheet position
Atea as a stable and reliable supplier for customers during periods of market
volatility."

The interim report and presentation are available at:
www.atea.com/financial-reports/
A webcast of management's presentation of the financial results is available at:
www.atea.com/financial-reports/2026/webcast-q1-26/

For further information, please contact:
Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655
Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188


About Atea
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic
regions. Atea is present in 88 cities with over 8,000 employees in Norway,
Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers hardware
and software from leading global vendors, and provides consulting and technical
services to support its customers with the design, implementation and operation
of their IT environments. Atea had revenue of approximately NOK 37 billion (EUR
3.2 billion) in 2025 and is listed on Oslo Stock Exchange. www.atea.com