Oslo, Norway, 28 December 2021 

The Board of Directors of Xplora Technologies AS ("Xplora" or the "Company")
has, pursuant to the board authorization granted by the Company's general
meeting held on 13 April 2021, resolved to increase the Company's share capital
with NOK 40 by the issuance of 10,000 new shares. 

The new shares are issued in connection with the share compensation agreement
between the Company and Kristin Hellebust dated 14 September 2020. The new
shares are issued to Kristin Hellebust at a subscription price of NOK 40.35 per
share. Following the transaction, Kristin Hellebust holds 28,604 shares in
Xplora Technologies AS.
Hellebust is CCO and primary insider in Xplora. Please see the attached
notification of trading for further details in this respect.

Following registration of the share capital increase with the Norwegian Register
of Business Enterprises, the Company will have a share capital of NOK
159,175,40, divided into 39,793,848 shares, each with a nominal value of NOK
0.004.

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 
Mikael Clement, CFO +47 990 08 000
Karen Guillot Ruiz, Business Analyst +47 948 85 859 

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 in the world. The company is headquartered in Norway with
operations in leading European markets.