Sandnes, Norway, 6th May 2026.

Zaptec's strong growth and performance continued into 2026, with record revenue
of NOK 457 million.

"Building on last year's strong performance, we enter 2026 with confidence. Oil,
petrol and diesel prices have increased sharply. A wave of more affordable,
longer range EVs has driven a 28% increase in EV sales in Europe from Q1 2025 to
Q1 2026. This is only the beginning. Europe needs smart charging infrastructure,
and that is exactly what Zaptec delivers. Zaptec keeps moving forward, and our
market is only just getting started," says Kurt Østrem, CEO of Zaptec.

Q1 highlights: 
o Revenue of 457 MNOK
o Order intake of 467 MNOK
o Order backlog of 737 MNOK
o Gross margin of 43%
o Opex of 143 MNOK
o EBITDA of 51 MNOK 

A video presentation of the first quarter financial results is available at
https://www.zaptec.com/company/investor-relations. 

For further information, please contact: 
Kurt Østrem, CEO, Zaptec ASA Tel: + 47 40 40 47 00, e-mail: kurt@zaptec.com 
Eirik Fjellså Hærem, CFO & Deputy CEO, Zaptec ASA Tel: +47 95 72 21 45, e-mail:
efh@zaptec.com 
Kristian Sæther, Finance Director & IR, Zaptec ASA Tel: + 47 90 70 85 12,
e-mail: investor@zaptec.com

About Zaptec: Zaptec is a Norwegian technology company within electric vehicle
(EV) charging systems in Europe. The company develops EV charging systems for
multi and single-family homes and office buildings. The product portfolio
enables many charging points at a low cost and includes Zaptec Pro, Zaptec Go,
Zaptec Go 2, Zaptec Portal, and Zaptec Sense. The company accelerates the
electrification of the transport sector to assist European countries in reducing
CO2 emissions from light-duty cars.