Ayfie International AS: Half-year report H1 2026. Subscription revenue up 10.9%, operating expenses down 18.8%

Oslo, 27 August 2026: Ayfie International AS ("Ayfie", Euronext Growth Oslo:
AIX) today publishes its half-year report for the first half of 2026.

Highlights of H1 2026:

* Revenue up 10.9% to NOK 7.32 million (H1 2025: NOK 6.60 million), all of it
subscription revenue
* Operating expenses down 18.8% to NOK 15.65 million; average monthly operating
expenses fell from NOK 3.3 million (2025 average) to NOK 2.6 million, a
structurally lower cost base
* EBITDA loss reduced by 34% to NOK 8.33 million; net operating cash outflow
down 52.2% to NOK 6.86 million
* Deferred subscription revenue of NOK 7.22 million at 30 June, equivalent to
approximately six months of H1 recognised revenue
* Equity transactions completed in July 2026 of approximately NOK 9.34 million
take pro forma equity positive and extend the cash runway into 2027
* ISO 27001 certification achieved, and R&D reshored to Norway with an AI-first
engineering workflow
* Commercial launches of Ayfie Make and the Ayfie ERP Agent planned for H2 2026

"We will not claim a turnaround before it is earned. But the direction is clear:
subscription revenue is growing again, the partner-led model is gaining
traction, and our cost base is structurally lower," says Herman Sjøberg, CEO of
Ayfie International AS.

The half-year report is attached to this announcement and available at
https://assets.ayfie.ai/ir/Ayfie-Half-Year-Report-H1-2026.pdf.

Contact:
Herman Sjøberg, Chief Executive Officer, Ayfie International AS

About Ayfie:
Ayfie International AS provides a platform for secure workplace AI, combining an
AI assistant, an index that connects and searches content across servers, cloud
services and files, a library of data connectors, and agent capabilities,
including Ayfie Make and the Ayfie ERP Agent. Solutions are delivered with
strict permission controls and source-linked answers users can verify,
independent of any single LLM provider, and are distributed primarily through
leading technology partners. The shares of Ayfie International AS are admitted
to trading on Euronext Growth Oslo under the ticker AIX.

This information is published in accordance with the continuing obligations of
companies admitted to trading on Euronext Growth Oslo.
ations of\
companies admitted to trading on Euronext Growth Oslo.\