Arribatec increases underlying profitability and cash generation

Oslo, 27 August 2026 – Arribatec Group ASA delivered an adjusted EBITA margin of 10.9 per cent in the second quarter of 2026, up from 9.8 per cent in the same period last year. Revenue was unchanged in constant currency and amounted to NOK 139.4 million in the quarter. At the same time, the Group continued its strong cash generation and paid its first dividend in the company's history.

EBITA, adjusted for non-cash option costs, increased by 8 per cent to NOK 15.2 million, while operating profit (EBIT) increased by 17 per cent to NOK 11.2 million. For the first half of the year, EBIT increased by 46 per cent to NOK 18.5 million.

"The measures implemented over the past year and a half are now clearly reflected in our results. Profitability has improved across the business, and we are building a more robust and scalable company. We are not yet where we want to be, but the development across the Group strengthens our confidence in the direction we have set," says CEO Ole Jakob Kjølvik.

Strong cash flow and first dividend Arribatec continued to deliver strong cash generation. Cash flow from operational activities was NOK 8.3 million in the quarter and NOK 44.2 million for the first half of the year. In the last twelve months, operating cash flow amounted to NOK 64.1 million, corresponding to an EBITDA-to-cash flow conversion of 99 per cent.

The financial development enabled the company to pay its first ordinary dividend of NOK 1.00 per share in June, corresponding to approximately NOK 67 million. Based on the share price at the time of the general meeting's decision, this represented a dividend yield of about 14.5 per cent. The Group has no interest-bearing debt and maintains an equity ratio of 58.4 per cent.

"The ability to strengthen the underlying profitability, generate strong cash flow and at the same time return capital to shareholders shows that Arribatec has established a solid financial platform. Our financial position allows us to balance investments in the business with ongoing shareholder returns," says Kjølvik.

EA&BPM delivers clear performance improvement The EA&BPM (Enterprise Architecture & Business Process Management) business area delivered the strongest margin development of the quarter. Revenue increased by 6 per cent, while the EBITA margin rose to 16.1 per cent from 0.9 per cent in the corresponding quarter last year. The development reflects the effects of implemented efficiency measures, high customer activity and increased demand for services in enterprise architecture, process development, management and AI-related consulting.

Business Services delivered stable revenue and an EBITA margin of 9.7 per cent. Cloud returned to positive EBITA after weak results in the fourth quarter of 2025 and the first quarter of 2026, with an EBITA margin of 3.5 per cent, and the Group is implementing additional price, cost and delivery measures aimed at strengthening profitability through the second half of the year.

High sales activity and growing demand for AI-related services During the quarter, Arribatec signed 358 new contracts with a total value of NOK 97 million. The total contract value for the last twelve months amounted to NOK 523 million. The company is experiencing increasing bid activity and a strengthened commercial pipeline across the business.

The market is gradually moving from AI experimentation towards implementation. Demand is increasing for solutions that combine data, processes, business management, and AI in business-critical environments. Arribatec's expertise in ERP, enterprise architecture, process improvement and cloud services provides a good starting point for meeting this development.

"AI does not create less need for our services. On the contrary, we see that customers must first establish good data, process and management structures in order to realise the value of AI investments. These are areas where Arribatec already has strong market positions," says Kjølvik.

Through Nasjonal Sky (National Cloud), developed together with Eidsiva, the company is investing in sovereign cloud services. The offering has attracted interest from companies in the public and private sectors with strict requirements for security, compliance and data sovereignty.

Outlook

Arribatec continues its efforts to strengthen profitability, increase operational efficiency and build a stronger foundation for sustainable growth. Demand for digital transformation, data-driven decision support and AI-related solutions remains positive, while market conditions vary between business areas. Increased offer activity and a healthy pipeline provide support for the level of activity going forward.

The company will continue to prioritise improvements in the Cloud segment, further develop its positions in ERP, enterprise architecture, and AI-related services, and maintain focus on improved profitability, cash flow, and shareholder value.

Arribatec Group ASA will present its results for the second quarter of 2026 on Thursday 27 August 2026 at 10:00 CEST.

For further information:

Ole Jakob Kjølvik, CEO

olejakob.kjolvik@arribatec.com

+47 915 98 935

Bent Hammer, CFO

bent.hammer@arribatec.com

+47 982 15 497

About Arribatec Group ASA www.arribatec.com Arribatec is a software and consulting company headquartered in Oslo, offering digital business solutions in ERP, enterprise architecture, cloud services and business process management. The company serves more than 800 active customers in 25 countries and is listed on the Oslo Stock Exchange under the ticker ARR.

This information is subject to the disclosure requirements pursuant to MAR and section 5-12 of the Norwegian Securities Trading Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CEST on 27 August 2026.