Lokotech AS Tape-Out Announcement

Reference is made to the stock exchange notice dated 27 March 2026.

Lokotech AS is pleased to announce that it has successfully completed the
tape-out of its Scrypt / AI ASIC. This represents a significant technical
milestone, and a transition from design to silicon on the path toward
commercialization.

The company will now place the first wafer order, and mask set fabrication is
scheduled to commence shortly.

For more information, contact osj@lokotech.no

This information has been submitted pursuant to the Securities Trading Act ยง
5-12 and MAR. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-04-13 22:45 CEST.