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Regulatory press release

Zaptec ASA: Second quarter 2025 financial results

Zaptec
Sandnes, Norway, 20th August 2025:

Zaptec is pleased to report its financial results for the second quarter of
2025, showcasing solid performance.

"We're entering a new growth phase as the EV market gains speed. The second
quarter played out as expected, marking another steady step forward for Zaptec.
We saw increasing sales, improved earnings, healthy order intake, and a rise in
installation rates. Great results come from steady efforts.

Operationally, we're in a strong position. Inventory levels are coming down,
liquidity is strengthening, and we're entering the second half of the year with
solid tailwinds," says Kurt Østrem, CEO of Zaptec.

Q2 highlights:
o Revenue of 383 MNOK
o Order intake of 445 MNOK
o Order backlog of 567 MNOK
o Gross margin of 41%
o Opex of 112 MNOK
o EBITDA of 44 MNOK

A video presentation of the second 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 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 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.
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