Highlights from Q2 2022: 

o Strong purchase orders registration of 218 MNOK, up 84%
o Revenue growth of 65% despite production stop in April
o Production going forward secured and second production partner Sanmina on
track
o Export share increased to 70% 
o Gross margin of 42%
o Adjusted EBITDA of 7.7 MNOK

"We continue to grow and invest in-line with the increasing order intake, and
therefore the decreased EBITDA margin due to the production stop is regarded as
temporary. The revenue growth rate guiding of minimum 70% remains." Says
Zaptec's CEO Peter Bardenfleth-Hansen.


Please refer to the attached report and presentation for further details. 

For more information: 
Peter Bardenfleth-Hansen, CEO, Zaptec AS 
Tel: +47 40 10 31 78, e-mail: pbh@zaptec.com 

Kristian Sæther, Finance Manager & IR, Zaptec AS 
Tel: +47 90 70 85 12, e-mail: investor@zaptec.com 

About Zaptec: 
Zaptec AS is a 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 large number of
charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365
payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company
accelerates the electrification of the transport sector to assist European
countries in reducing CO2 emissions from light-duty cars.