Q-FREE ASA ANNUAL REPORT 2016

Attached, please find Q-Free ASA Annual Report for 2016. The report is also
available at www.q-free.com.

About Q-Free

Q-Free is a leading global supplier of ITS (Intelligent Transportation Systems)
products and solutions. The company has approximately 420 employees, offices in
20 countries, and presence on all continents. Headquartered in Trondheim,
Norway, Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA