Oslo 12 February 2026. 

Key takeaways: 
o	Record half-year revenue, double-digit growth and strong margin expansion.
o	ONH continues its strong growth momentum and is well positioned for the
2026/27 intake.
o	Sonans strengthens profitability and advances key strategic initiatives with a
new managing director appointed. 
o	On track towards 25/26 guidance and 26/27 financial ambitions.
o	Acquisition of EnkelEksamen adds AI-led growth, synergies and diversification.

"The progress in 2025 confirms Lumi Gruppen's ability to generate consistent and
profitable growth, while the acquisition of EnkelEksamen adds a high-margin,
scalable digital platform and accelerates our growth agenda. We are perfectly
positioned to capitalise on long-term trends in digitalisation and the growing
demand for education and lifelong learning," said Nina Vesterby, CEO of Lumi
Gruppen.

Key financials (adjusted):
o	Group revenue of NOK 272 million (+14% y/y). 
o	ONH segment: revenue NOKm 169 (+16% y/y).
o	Sonans segment: revenue NOKm 103 (+10% y/y).
o	Group adj. opex (incl. D&A) NOKm 219 (+6% y/y), reflecting cost optimisation
in Sonans (-3%) and continued scale in ONH.
o	Group adj. EBIT NOKm 53 (+64% y/y).
o	ONH adj. EBIT NOKm 44 (+31% y/y) - 26% (23%) margin.
o	Sonans adj. EBIT NOKm 18 (+210% y/y) - 17% (6%) margin.

Outlook:
o	Aacademic year 2025/26: On track towards the communicated range provided in
the Autumn trading update excl. the impact of EnkelEksamen. 
o	Aacademic year 2026/27: Financial ambitions reiterated, revenue growth is
currently in line and the adj. EBIT margin is trending towards the targeted
range.

Group Financials (reported)

Revenue in the second half of 2025 was NOK 272 million, compared to NOK 239
million in the prior year, an increase of 14 per cent. 

Reported operating profit (EBIT) in the second half of 2025 amounted to NOK 43.6
million, compared to NOK 28.7 million in the prior year.

Net profit in the second half of 2025 was NOK 22.2 million, compared to NOK 11.2
million in the prior year. Earnings per share were NOK 0.38, compared to NOK
0.19 in the prior year.  

Report and presentation

Lumi Gruppen will present the financial results and an investor update at 09:00
CET today. To join, please use the following link: https://bit.ly/4qweUOD 

The link will also be available on our website: www.lumiinvestor.com.

Please see the attached report and presentation material for further
information.

For further information, please contact: 
Martin Prytz, CFO
Tel: +47 480 14 078 
Email: IR@lumigruppen.no

About Lumi: 
Lumi Gruppen is a leading Norwegian education provider founded in 1989. Today,
Lumi Gruppen consists of two main divisions: Oslo Nye Høyskole (ONH) and Sonans.
ONH is a private university college established in 2007, with 80% of the
students studying online, supplemented by a brand new, modern and well-equipped
campus opened in 2025 located in central Oslo. ONH has grown revenues more than
15% per annum over the past 10 years reflecting its focus on fast growing areas
of study demand delivered across a modern, accessible and flexible mix of
channels. Sonans is Norway's market leader in high school private candidate exam
preparation courses, primarily to help former high school students achieve
better exam results and/or complete their high school diploma to enter higher
education. 

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.