Oslo, Norway, August 14, 2025 - Pexip Holding ASA ("Pexip" or "The Company",
Oslo Børs Ticker: PEXIP), today presented its quarterly results for the second
quarter and first half of 2025. Key highlights for the quarter include: 
- Q2 2025 revenue of NOK 281 million, up 6% y-o-y. 

- Pexip's subscription base measured in ARR was USD 119.0 million at the end of
Q2 2025, up 11% y-o-y. 

- Growth driven by Secure and Custom where ARR grew 27% year-on-year, with key
wins in Defense, Healthcare and Government. Connected Spaces ARR grew 2%
year-on-year.

- EBITDA excluding other gains and losses amounted to NOK 57.3 million, up from
NOK 36.0 million in the same quarter last year. EBITDA including other gains and
losses amounted to NOK 56.5 million, up from NOK 33.0 million in the same
quarter last year. 

- Free cash flow of NOK 32.1 million in the quarter, down from NOK 67.7 million
in Q2 2024, with a cash and money market fund position of NOK 544.2 million and
no material interest-bearing debt exiting Q2 2025. Paid dividend of NOK 259.8
million and bought back shares for NOK 58.0 million in Q2 2025. Have completed
share buyback program in Q3 2025 for NOK 99.9 million in total.

- Outlook for Q3 2025 of USD 120-123 million. 

"We continue to see strong momentum in Secure and Custom video, with growth of
27% year-on-year. This is driven by an increased focus and awareness of the
importance of sovereign IT systems and end to end control. Pexip is uniquely
positioned to provide this for video communication with our cutting edge
self-hosted platform and proven ability to deliver." Trond K. Johannessen Chief
Executive Officer 

Analyst consensus estimates 
Every quarter ahead of the earnings announcement, Pexip collects earnings
estimates from the equity analysts currently covering the Company. The consensus
estimates and the methodology used in the preparation of the consensus estimates
are published on the Company's IR web pages here:
https://investor.pexip.com/consensus 
 
Q2 results presentation 
The second quarter results for 2025 will be presented by video webcast today,
Thursday August 14, 2025 at 08:30 CET. The presentation will be held by Trond K.
Johannessen (CEO), Øystein Dahl Hem (CFO), and Åsmund Fodstad (Chief Revenue
Officer) The presentation will be held in English and conducted as a webcast.
Questions can be submitted to IR@pexip.com in advance of the presentation or
live during the presentation.  
 
Please join the webcast via the following link:
https://www.pexip.com/events/q2-2025-results-presentation 
 
A recorded version of the presentation will also be available after the webcast
is concluded.  
 
For questions, please contact: Øystein Dahl Hem, CFO, IR@pexip.com, +47 992 34
596  
 

About Pexip | pexip.com Pexip is a video technology company that offers
multi-platform software for various purposes such as business meetings, secure
government communication, doctor's appointments, and court proceedings. It is an
excellent tool for organizations that want seamless, secure, and scalable
meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo
Stock Exchange. Visit us at www.pexip.com or on LinkedIn  
 
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5 -12 of the Norwegian Securities Trading Act. This stock exchange
announcement was published by Øystein Dahl Hem, CFO, Pexip Holding ASA, on
August 14, 2025 at 07:00 CEST.