Final Power Simulations Close to Completion

In reference to the exchange notice released on 26 June 2024, Lokotech AS would like to inform all stakeholders that the final power simulations are expected to be available any day now. The results, have a 95% confidence level in accurately reflecting the post-silicon power numbers.

The company will communicate to the market immediately upon receipt of the final results.

We appreciate your attention and patience as we finalize this critical phase.

Published on behalf of Lokotech Group AS by Benjamin Miklozek, CFO, at 20:30 on August 28, 2024.