Oslo, 28 April 2023

Please find enclosed the Annual Report 2022 for Xplora Technologies AS approved
by the Board of Directors on 27 April 2023. There are no material changes in the
financial statements compared to the preliminary full year results presented on
17 March 2023.

The Annual Report for 2022 will also be made available on
www.xplora.com/investor.

This information is subject to disclosure requirements in Regulation EU 596/2014
(MAR) article 19 no. 3 and the Norwegian Securities Trading Act section 5-12.

For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Jonas Ringstad, Interim CFO +47 4063 9886, jonas.ringstad@xplora.com

About Xplora Technologies AS: Xplora is a platform and services company and an
industry leader in the market for children's smartwatches. Xplora was founded to
give children a safe onboarding to the digital life and a better balance between
screen time and physical activity. Xplora's vision is to enable children around
the world to experience how their everyday activities can create value and make
a positive change to the world. The company is headquartered in Norway with
operations in leading European markets.