Oslo, 15 May 2024: Spir Group ASA increased revenues by 1 percent in the first
quarter of 2024 compared to the same quarter last year to NOK 263.2 million,
despite impacted by easter and fewer workdays than one year earlier. Annual
recurring revenue within the Group increased by 5 percent to NOK 399 million at
quarter-end. Recurring and recurring-like revenues for Spir Group now comprise
82 percent of total revenues.

"The four core companies of Spir Group continue to execute on their strategic
objectives, and we have gained market-leading positions in Norway and Sweden in
two attractive software segments: Mission critical public sector solutions and
real estate data & geo information. Within public sector solutions, Sikri
continues its steady high public tender win rate.  Our real estate solutions are
to a larger extent exposed to macro-driven fluctuations