WPTG completes directed share issue as part of the consideration for the acquisitions of CreateX Ltd. and Native Digital Ltd.

White Pearl Technology Group AB (publ) (“WPTG” or the “Company”) today announces that it has completed and registered a directed issue of 170,478 B-shares as part of the purchase consideration for the previously announced acquisitions of CreateX Ltd. and Native Digital Ltd. The share issue was carried out at a subscription price of approximately SEK 14.31 per B-share, corresponding to the volume-weighted average price (VWAP) of the Company’s B-share during the 20 trading days immediately preceding the closing date, in accordance with the share purchase agreements (SPA). Through the share issue, the number of B-shares in the Company increased by 170,478 B-shares, from 30,957,242 B-shares to 31,127,720 B-shares. The share capital increased by SEK 3,750.509528, from SEK 681,605.705744 to SEK 685,356.215272. The issue amounted to a total consideration value of SEK 2,438,993.45 through set-off of claims. The dilution effect for existing shareholders amounts to approximately 0.55 per cent of the total number of shares and votes in the Company following registration of the share issue.

Background
As previously announced on 9th of April 2026, WPTG entered into and completed share purchase agreements regarding the acquisitions of CreateX Ltd. and Native Digital Ltd. Part of the agreed purchase consideration was structured as newly issued B-shares in White Pearl Technology Group.

The share-based consideration relating to the acquisition of CreateX Ltd. amounted to EUR 200,000, corresponding to approximately SEK 2,168,000, and was settled through the issuance of 151,536 newly issued B-shares in the Company. The share-based consideration relating to the acquisition of Native Digital Ltd. amounted to EUR 25,000, corresponding to approximately SEK 271,000, and was settled through the issuance of 18,942 newly issued B-shares in the Company.

Accordingly, a total of 170,478 new B-shares were issued as consideration shares pursuant to the terms of the respective share purchase agreements.

Lock-up agreement
Pursuant to the terms of the SPA, approximately 87,130 B-shares issued as consideration in connection with the acquisition of CreateX Ltd. and all 18,942 B-shares issued as consideration in connection with the acquisition of Native Digital Ltd. will be subject to lock-up restrictions for a period of 12-months from the closing date. In total, approximately 106,072 B-shares of the newly issued B-shares will be subject to lock-up arrangements, while the remaining 64,406 B-shares will be freely transferable.

Reasons for the deviation from shareholders’ preferential rights
The Board of Directors resolved on the directed share issue pursuant to the authorization granted by the Annual General Meeting.

The reason for deviating from the shareholders’ preferential rights is that the share issue forms an integral part of the agreed purchase consideration structure for the acquisitions of CreateX Ltd. and Native Digital Ltd. and was therefore necessary to complete the transactions on the agreed terms.

The Board has carefully considered alternative financing methods and concluded that a directed share issue is the most appropriate solution, as it enables the completion of the acquisitions without affecting the Company’s liquidity position.

Furthermore, the Board considers the subscription price to be on market terms, as it was determined based on the volume-weighted average price (VWAP) of the Company’s B-share during the 20 trading days immediately preceding the closing date.

The Board’s overall assessment is therefore that the directed share issue is beneficial to both the Company and its shareholders and that the reasons for deviating from the shareholders’ preferential rights outweigh the reasons for applying the preferential rights principle.

COMMUNIQUÉ FROM WPTG’S ANNUAL GENERAL MEETING

White Pearl Technology Group AB (publ) held its Annual General Meeting today, 3 June 2026. A summary of the key resolutions passed at the Meeting is set out below.

The Meeting resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet. The Meeting further resolved that the Company’s earnings be carried forward and that no dividend be paid.

The Meeting resolved to grant discharge from liability to the members of the Board of Directors and the Chief Executive Officer for the financial year.

The Meeting resolved that the Board of Directors shall consist of six members. The Meeting re-elected Sven Otto Littorin as Chairman of the Board and re-elected Arne Nabseth, Jari Koister and Marco Marangoni as members of the Board of Directors. Stein Petter Ski and Seema A. Khan were elected as new members of the Board of Directors.

Stein Petter Ski is a Nordic business executive and board professional with extensive experience in finance, investment, operations and corporate development. He was born in 1967 and holds a degree in economics from the University of York, England. His career includes senior roles at Enskilda Securities in London, Stockholm and New York, ABG Sundal Collier in Stockholm, SwedCarrier under the Swedish Ministry of Enterprise, as well as Hakon Invest and ICA Gruppen. He has also held listed-company board positions, including Chairman of Motion Display. His experience in capital markets and public-company governance, combined with operational and strategic expertise, is expected to contribute to WPTG’s continued growth, particularly in relation to Nordic acquisitions, governance and integration.

Seema A. Khan is a U.S.-qualified lawyer, strategy leader, entrepreneur and board advisor with more than 25 years of experience across government, investment, technology and public-sector transformation. Her career includes senior roles in the Middle East and the United States, including General Counsel of Tradescape.com during the internet-boom era, and later Senior Advisor and Chief Strategy Officer at the Saudi Arabian General Investment Authority, where she contributed to national investment strategy and market development. She is based in the UAE and brings extensive international experience and strategic perspective to the Board.

Board fees are proposed to amount to SEK 500,000 to the Chairman and SEK 200,000 to each of the other members not employed by the Company.

The Meeting resolved to appoint Öhrlings PricewaterhouseCoopers AB (PwC) as the Company’s auditor, with Patric Kruse as auditor-in-charge.

Resolution on amendment of the Articles of Association
The Meeting resolved to adopt amended Articles of Association enabling the Board of Directors to resolve on fully digital general meetings.

Resolution on issue of warrants
The Meeting resolved on a directed issue of up to 522,091 warrants to Fenja Capital II A/S. The issue is made in accordance with a contractual obligation arising from a previously entered loan agreement. The warrants carry a strike price of SEK 21.83 per share.

Resolution on authorization
The Meeting resolved to authorize the Board of Directors, on one or more occasions until the next Annual General Meeting, to resolve on the issuance of Class B shares, warrants and/or convertible instruments corresponding to a maximum of 40 per cent of the total number of outstanding Class B shares in the Company at the time of the resolution.

The authorization is intended to provide the Board of Directors with increased flexibility to finance and facilitate the Company’s continued growth and strategic development.

WPTG announces a public takeover offer to the shareholders of Aixia Group AB (publ)

White Pearl Technology Group AB (publ) (“WPTG” or the “Offeror”) hereby announces a public takeover offer to the shareholders of Aixia Group AB (publ) (“Aixia” or the “Company”) to tender all shares in Aixia to WPTG (the “Offer”). The total value of the Offer amounts to approximately SEK 168 million. The consideration in the Offer consists of a share component of 5.33 newly issued shares in WPTG and a cash component of SEK 10.00 per one (1) share in Aixia. The Offer represents a premium of approximately 31.5 per cent compared to the closing price of the Aixia share on Spotlight Stock Market on 29 May 2026. The shares of Aixia are admitted to trading on Spotlight Stock Market. Aixia has issued a total of 1,576,000 shares, comprising 100,000 Class A shares and 1,476,000 Class B shares. Shareholders representing approximately 56.0 per cent of the total number of shares and approximately 70.5 per cent of the total number of votes in Aixia have irrevocably undertaken to accept the Offer. The Offer is made on the same terms and for the same consideration for both Class A shares and Class B shares in Aixia. The Offer is not conditional upon the Offeror achieving an acceptance level of 90 per cent or more of the shares and votes in Aixia.

The Offer in brief

  • The shareholders of Aixia are offered 5.33 newly issued shares in WPTG in combination with SEK 10.00 per share in Aixia (the “Exchange Ratio“).
  • Based on the volume-weighted average price of SEK 18.11 per WPTG share on Nasdaq First North Growth Market during the 15 trading days immediately preceding the announcement of the Offer, the Offer corresponds to an implied offer value of SEK 106.53 per share in Aixia (the “Offer Price“).
  • The Offer Price represents a premium of approximately 31.5 per cent in relation to the closing price of the Aixia share on 29 May 2026, which was the last trading day prior to the announcement of the Offer.
  • The total value of the Offer, based on all 1,576,000 shares in Aixia (comprising 100,000 Class A shares and 1,476,000 Class B shares), amounts to approximately SEK 168 million.
  • Prior to the announcement of the Offer, WPTG did not hold any shares or votes in Aixia.
  • Shareholders in Aixia representing approximately 56.0 per cent of the shares and approximately 70.5 per cent of the votes in the Company have irrevocably undertaken to accept the Offer.
  • The Offer is subject to the conditions set out below in this press release.
  • The acceptance period for the Offer is expected to commence on or about 13 July 2026 and expire on or about 10 August 2026. The Offeror reserves the right to extend the acceptance period, on one or more occasions, and to postpone the date for settlement of the consideration.

Background and reasons for the Offer
WPTG considers the combination with Aixia to be strategically compelling. The transaction would provide immediate access to Aixia’s scalable AI and IT infrastructure platform with strong exposure to high-growth sectors such as AI compute and cloud solutions. In addition, Aixia’s listed structure, technical expertise and customer base are expected to create significant strategic and commercial synergies. Aixia’s expertise in IT infrastructure, AI platforms and managed services is highly complementary to WPTG’s operations, and WPTG sees considerable potential for accelerated growth, enhanced customer offerings and operational efficiencies. The combination of the two businesses is expected to strengthen the combined group’s market position and create significant long-term value for the shareholders of both companies. WPTG is confident that the Offer represents a compelling opportunity for Aixia’s shareholders to participate in the long-term value creation of a stronger combined group with significant growth potential.

The Offer
The Offeror offers the shareholders of Aixia 5.33 newly issued shares in WPTG together with SEK 10.00 in cash for each one (1) share in Aixia. Based on the volume-weighted average price of SEK 18.11 per WPTG share on Nasdaq First North Growth Market during the 15 trading days immediately preceding the announcement of the Offer, this corresponds to an implied value of SEK 106.53 per share in Aixia.

The subscription price for the newly issued WPTG shares is based on the volume-weighted average price (VWAP) of the WPTG share on Nasdaq First North Growth Market during the 15 trading days immediately preceding the announcement of the Offer, corresponding to SEK 18.11 per WPTG share. Fractional shares in WPTG will not be issued. Any fractional entitlements will be aggregated and sold in the market, with the net proceeds distributed pro rata to the relevant shareholders.

If Aixia, prior to settlement of the consideration in the Offer, pays a dividend or carries out any other value transfer to shareholders, the Offer Price will be adjusted accordingly.

The total value of the Offer, based on all 1,576,000 shares in Aixia, amounts to approximately SEK 168 million.

The Offer Price represents a premium of:

  • approximately 31.5 per cent in relation to the closing price of 81 SEK for the Aixia share on Spotlight Stock Market on 29 May 2026, which was the last trading day prior to the announcement of the Offer;
  • approximately 58.5 per cent in relation to the volume-weighted average price of SEK 67.23 for the Aixia share on Spotlight Stock Market during the 30 trading days preceding the announcement of the Offer; and
  • approximately 54.1 per cent in relation to the volume-weighted average price of SEK 69.12 for the Aixia share on Spotlight Stock Market during the 90 trading days preceding the announcement of the Offer.

WPTG’s shareholding in Aixia
Prior to the Offer, WPTG does not hold any shares or votes in Aixia.

In addition to the above, neither WPTG nor any of its affiliated companies or other related parties hold any shares or other financial instruments in Aixia that provide financial exposure to the shares of Aixia at the time of the announcement of this press release.

Neither WPTG nor any of its related parties have during the six months preceding the announcement of the Offer acquired or entered into agreements to acquire any shares in Aixia at a price exceeding the Offer Price.

Statement by the independent bid committee of Aixia

In accordance with the Swedish Stock Market Self-Regulation Committee’s Takeover rules for certain trading platforms (the “Takeover Rules”), the independent bid committee of Aixia shall publish its opinion regarding the Offer no later than two weeks before the expiry of the acceptance period. For further information about the committee, please see below under “Conflict of interests”.

Undertakings from shareholders of Aixia
WPTG has received irrevocable undertakings to accept the Offer from the following shareholders of Aixia (the “Undertakings“):

  • Christian Gustavsson, with a total holding of 38,700 Class A shares and 390,461 Class B shares, corresponding to approximately 27.23 per cent of the shares and approximately 31.40 per cent of the votes in Aixia.
  • Leif Nord, with a total holding of 20,000 Class A shares and 180,000 Class B shares, corresponding to approximately 12.69 per cent of the shares and approximately 15.35 per cent of the votes in Aixia.
  • Mattias Bergkvist, with a total holding of 37,000 Class A shares and 90,842 Class B shares, corresponding to approximately 8.11 per cent of the shares and approximately 18.61 per cent of the votes in Aixia.
  • Morgan Fjellberg, with a total holding of 126,000 Class B shares, corresponding to approximately 7.99 per cent of the shares and approximately 5.09 per cent of the votes in Aixia.

In aggregate, 883,003 shares in Aixia are covered by the Undertakings, corresponding to approximately 56.0 per cent of the shares and approximately 70.5 per cent of the votes in Aixia.

The Undertakings are valid and binding regardless of whether a higher competing takeover offer for the shares in Aixia is announced.

The Undertakings will cease to apply if the Offer is not declared unconditional at the latest on 30 September 2026, or if the Offer is withdrawn or lapses.

Conditions for completion of the Offer
Completion of the Offer is conditional upon:

i. all governmental and regulatory approvals, permits, decisions or similar required for the Offer and the acquisition of Aixia, including from competition authorities and authorities for foreign direct investments (FDI), having been obtained, in each case on terms acceptable to WPTG;

  1. no circumstances having occurred that materially adversely affect, or could reasonably be expected to materially adversely affect, Aixia’s financial position or business, including Aixia’s sales, results, liquidity, solvency, equity or assets, and that Aixia is not subject to bankruptcy, company reorganisation, liquidation or similar proceedings;
  2. neither the Offer nor the acquisition of Aixia being rendered wholly or partially impossible or materially impeded as a result of legislation or other regulation, court rulings or governmental decisions, or any similar circumstance that prevails or could reasonably be expected to prevail, and which WPTG could not reasonably have foreseen at the time of the announcement of the Offer;

ii. Aixia not taking any action that is intended to impair the conditions for the making or completion of the Offer;

iii. no information published by Aixia being materially inaccurate, incomplete or misleading, and Aixia having published all information that should have been published by Aixia; and

iv. no other party announcing an offer to acquire shares in Aixia on terms that are more favourable for the shareholders of Aixia than the terms of the Offer.
WPTG reserves the right to withdraw the Offer in the event that it becomes clear that any of the above conditions has not been fulfilled or cannot be fulfilled, provided that the non-fulfilment of such condition is of material significance for the Offeror’s acquisition of Aixia or is otherwise approved by the Swedish Securities Council.

WPTG reserves the right to waive, in whole or in part, one, several or all of the above conditions.

Information about WPTG
WPTG is a Swedish public limited company (publ) with its registered office in Sweden. WPTG’s shares are admitted to trading on Nasdaq First North Growth Market. Further information about WPTG, its operations, ownership structure and financial information is available at www.whitepearltech.com.

Financing of the Offer
The consideration in the Offer consists of newly issued shares in WPTG and cash. The board of directors of WPTG has the requisite authorisation to issue the number of WPTG shares required to satisfy the share component of the Offer in full. The cash consideration of SEK 10 per share in Aixia is financed in its entirety through WPTG’s existing resources. The Offer is not subject to any financing condition.

Conflict of interests

Aixia’s chair of the board, Leif Nord, the CEO and board member, Mattias Bergkvist, and the board member, Christian Gustavsson, have been assessed to have conflicts of interest.  Mattias Bergkvist and Christian Gustavsson have accepted to join WPTG’s group management subject to completion of the Offer, and Leif Nord has undertaken to sign an irrevocable undertaking in respect of his shareholding.  Accordingly, and in accordance with the Takeover Rules, they will not participate in the handling of, or decisions on, matters related to the Offer. The board of Aixia has therefore mandated the independent board members, Ellen Reinhardt and Johan Ljungqvist, to form an independent bid committee to handle all matters relating to the Offer. 

These circumstances also mean that Section IV of the Takeover Rules applies to the Offer, which entails that the acceptance period must be at least four weeks and that Aixia must obtain and publish a valuation statement (a “fairness opinion”) from independent experts regarding the financial fairness of the Offer to Aixia’s shareholders.

Indicative timetable

  • Announcement of the Offer: 1 June 2026
  • Publication of prospectus/offer document: on or about 13 July 2026
  • Acceptance period: on or about 13 July 2026 – 10 August 2026
  • Settlement of consideration: on or about 26 August 2026

Any decision to accept the Offer should be based on the information contained in the offer document, which may contain material information not set out in this press release.

Due diligence in connection with the Offer
WPTG has conducted a limited confirmatory due diligence review of Aixia based on information made available by the Company. WPTG’s assessment is that it is not in possession of any inside information regarding Aixia as a result of such review.

Compulsory acquisition proceedings and delisting
If WPTG, in connection with the Offer or otherwise, acquires shares representing more than 90 per cent of the total number of shares in Aixia, WPTG intends to initiate compulsory acquisition proceedings in accordance with the Swedish Companies Act (2005:551) in order to acquire all remaining shares in Aixia.

In connection with the above, the Offeror intends to promote the delisting of the shares in Aixia from Spotlight Stock Market.

Employees and organisation
As at the date of this press release, no decisions have been made regarding any material changes that may affect Aixia’s employees or management, or its current organisation and operations, including terms and conditions of employment, staffing levels and the locations from which the Company conducts its business, save that Mattias Bergkvist and Christian Gustavsson will be offered to join WPTG’s group management. WPTG recognises the value of Aixia’s employees and their expertise and intends to work constructively with the Company’s management to maximise the potential of the combined group.

Applicable law and disputes
Swedish law is applicable to the Offer and the agreements entered into between WPTG and the shareholders of Aixia in connection with the Offer. Disputes arising out of, or in connection with, the Offer shall be resolved exclusively by Swedish courts, with the Stockholm District Court as the court of first instance.

The Takeover Rules and the rulings of the Swedish Securities Council regarding the interpretation and application of the Takeover Rules apply to the Offer.

No rulings or statements have been made by the Swedish Securities Council (Sw. Aktiemarknadsnämnden) regarding the Offer as at the date of this press release.

Advisors
WPTG has engaged Eversheds Sutherland Advokatbyrå AB as legal advisor in connection with the Offer. Aqurat Fondkommission AB is acting as issuer agent in connection with the Offer.

The board of directors

Information about the Offer

Information about the Offer is available at: www.whitepearltech.com.

For questions regarding the Offer, please contact: Oscar Carling, White Pearl Technology Group AB (publ)
E-mail: Oscar.carling@whitepearltech.com
Telephone: +46 73 502 70 04  

Important information

This press release has been published in Swedish and English. In the event of any discrepancy between the language versions, the Swedish version shall prevail.

This press release does not constitute an offer, whether directly or indirectly, in Australia, Belarus, Hong Kong, Japan, New Zealand, Russia, South Africa and the United States of America, or in any other jurisdiction where such an offer would be prohibited under applicable laws or regulations (the “Restricted Jurisdictions”).

The announcement, publication or distribution of this press release in or to jurisdictions other than Sweden may be restricted by law and therefore persons subject to the laws of jurisdictions other than Sweden shall inform themselves of, and comply with, all applicable requirements. In particular, the ability to accept the Offer for persons who are not resident in Sweden may be affected by the laws of the relevant jurisdiction in which they are located.

This press release has been prepared in order to comply with Swedish law, the Takeover Rules and the rulings of the Swedish Securities Council regarding the interpretation and application of the Takeover Rules and the information disclosed may not be the same as that which would have been disclosed had this press release been prepared in accordance with the laws of jurisdictions other than Sweden.

Forward-looking statements
Statements in this press release that relate to future conditions or circumstances, including information about future results, growth and other development projections and underlying assumptions, constitute forward-looking information. Forward-looking information is, by its nature, subject to risks and uncertainties as it relates to conditions and is dependent on circumstances that occur in the future. Due to several factors, which are largely beyond the control of WPTG, there can be no guarantee that future conditions will not materially differ from what has been expressed or implied in the forward-looking information. All such forward-looking information applies only as of the date on which it is published and WPTG expressly disclaims any obligation to publish updates of such information, except in accordance with the Takeover Rules or applicable laws and regulations.

Correction: WPTG carries out directed set-off share issue as part of the final settlement for the acquisition of Bravissimo Agency AB

The correction relates to supplementary information regarding the Share Issue, including the aggregate issue amount of SEK 8,525,000, the issuance of 610,783 new shares, the increase in share capital by approximately SEK 13,437.23 from SEK 668,168.48 to SEK 681,605.71, as well as the increase in the total number of shares in the Company from 30,371,348 to 30,982,131 shares, corresponding to an increase of 610,783 shares.

White Pearl Technology Group AB (“WPTG” or the “Company”) today announces that the Company’s Board of Directors has resolved on a directed set-off share issue as part of the final settlement of the acquisition of Bravissimo Agency AB (the “Share Issue”). The number of shares in the Company increases through the Share Issue by 610,783 shares, from 30,371,348 shares to 30,982,131 shares. The aggregate subscription amount in the Share Issue amounts to SEK 8 525 003,72. The lead paragraph has also been updated accordingly.

The acquisition of Bravissimo Agency AB was announced through a press release on 29 April 2026 regarding the execution and completion of the share purchase agreement (“SPA”). The Share Issue is carried out in accordance with the terms agreed under the SPA and forms part of the previously communicated reinvestment structure.

The Share Issue

The Share Issue is carried out through a directed set-off issue whereby CHOMP Holding AB (the “Seller”), being the seller of Bravissimo Agency AB, subscribes for newly issued shares in the Company through set-off against claims relating to the acquisition.

The aggregate subscription amount in the Share Issue amounts to SEK 8 525 003,72.

Subscription price and number of shares

The subscription price in the Share Issue has been set at SEK 13.9575 per share, corresponding to the 10-day volume weighted average price (VWAP) of the Company’s share during the period 16–30 April 2026.

Based on the agreed purchase consideration, the Share Issue comprises 610,783 newly issued shares in the Company.

The Share Issue results in a dilution effect of approximately 1.97 percent of the total number of shares and votes in the Company.
The Share Issue results in an increase of the share capital by approximately SEK 13,437.23, from approximately SEK 668,168.48 to approximately SEK 681,605.71.
The number of shares in the Company increases through the Share Issue by 610,783 shares, from 30,371,348 shares to 30,982,131 shares.

Lock-up undertaking

In accordance with the SPA, part of the issued shares will be subject to transfer restrictions.

259,717 shares, corresponding to a value of SEK 3,625,000, are freely transferable.

The remaining 351,066 shares, corresponding to a value of SEK 4,900,000 (the “Lock-up Shares”), are subject to a lock-up undertaking for a period of twelve (12) months from the closing date on 1 May 2026.

The Lock-up Shares will remain in escrow throughout the entire lock-up period and may not be transferred until the expiry of the lock-up period.

Reasons for the deviation from shareholders’ pre-emption rights

The Board of Directors has resolved to deviate from the shareholders’ preferential rights since the Share Issue constitutes an integral part of the agreed settlement structure relating to the acquisition of Bravissimo Agency AB. The Share Issue is carried out by way of set-off against claims pursuant to the SPA.

The Board of Directors considers the subscription price to be on market terms as it is based on the volume weighted average price (VWAP) of the Company’s share over a period of ten trading days. Furthermore, the Board considers the Share Issue and its terms to be on market terms and in the interests of the Company and all shareholders.

Board of Directors’ assessment

The Board of Directors considers the acquisition of Bravissimo Agency AB to be strategically important and expected to contribute positively to the Company’s continued growth, service offering and market position.

WPTG carries out directed set-off share issue as part of the final settlement for the acquisition of Bravissimo Agency AB

White Pearl Technology Group AB (“WPTG” or the “Company”) today announces that the Company’s Board of Directors has resolved on a directed set-off share issue as part of the final settlement of the acquisition of Bravissimo Agency AB (the “Share Issue”).

The acquisition of Bravissimo Agency AB was announced through a press release on 29 April 2026 regarding the execution and completion of the share purchase agreement (“SPA”). The Share Issue is carried out in accordance with the terms agreed under the SPA and forms part of the previously communicated reinvestment structure.

The Share Issue

The Share Issue is carried out through a directed set-off issue whereby CHOMP Holding AB (the “Seller”), being the seller of Bravissimo Agency AB, subscribes for newly issued shares in the Company through set-off against claims relating to the acquisition.

The aggregate subscription amount in the Share Issue amounts to SEK 8 525 003,72.

Subscription price and number of shares

The subscription price in the Share Issue has been set at SEK 13.9575 per share, corresponding to the 10-day volume weighted average price (VWAP) of the Company’s share during the period 16–30 April 2026.

Based on the agreed purchase consideration, the Share Issue comprises 610,783 newly issued shares in the Company.

The Share Issue results in a dilution effect of approximately 1.97 percent of the total number of shares and votes in the Company.

Lock-up undertaking

In accordance with the SPA, part of the issued shares will be subject to transfer restrictions.

259,717 shares, corresponding to a value of SEK 3,625,000, are freely transferable.

The remaining 351,066 shares, corresponding to a value of SEK 4,900,000 (the “Lock-up Shares”), are subject to a lock-up undertaking for a period of twelve (12) months from the closing date on 1 May 2026.

The Lock-up Shares will remain in escrow throughout the entire lock-up period and may not be transferred until the expiry of the lock-up period.

Reasons for the deviation from shareholders’ pre-emption rights

The Board of Directors has resolved to deviate from the shareholders’ preferential rights since the Share Issue constitutes an integral part of the agreed settlement structure relating to the acquisition of Bravissimo Agency AB. The Share Issue is carried out by way of set-off against claims pursuant to the SPA.

The Board of Directors considers the subscription price to be on market terms as it is based on the volume weighted average price (VWAP) of the Company’s share over a period of ten trading days. Furthermore, the Board considers the Share Issue and its terms to be on market terms and in the interests of the Company and all shareholders.

Board of Directors’ assessment

The Board of Directors considers the acquisition of Bravissimo Agency AB to be strategically important and expected to contribute positively to the Company’s continued growth, service offering and market position.

WPTG publishes monthly revenue for April 2026

White Pearl Technology Group AB (publ) (“WPTG”, or the “Group” or the “Company”) today reports its monthly revenue figures for April 2026. The Group reported revenue of SEK 56.7 million for April 2026, representing a 41% increase compared to April 2025. The Group continued to see positive momentum across its core markets, supported by ongoing customer activity and continued expansion initiatives across Europe and other strategic regions.

April Overview
April was marked by continued progress in the Group’s European expansion strategy, including an increased focus on completing strategic acquisitions across the region. As the Group continues to expand through both organic growth and acquisitions, Europe is expected to contribute an increasing share of Group revenues going forward, reflecting WPTG’s focused growth strategy in the region.

Monthly revenue performance

  • April 2026: SEK 56.7m.

Following a strong first quarter, WPTG maintained its positive growth trajectory with April 2026 revenue reaching SEK 56.7m, representing a 41% increase compared to April 2025.

Latest revenue performances

Period Net sales,
2026 (SEK)
Net sales,
2025 (SEK)
Change
April 56.7m 40.3m + 41%
Q1 143.7m 98.9m + 45%
YTD 200.4m 139.3m + 44%

In line with the continued scaling and integration of operations across multiple markets, the Company will transition from monthly revenue disclosures to consolidated quarterly revenue reporting through its quarterly financial reports and filings going forward.

This change reflects the Company’s continued commitment to maintaining high standards of financial reporting, consistency, and transparency as WPTG evolves into a larger and increasingly diversified global technology platform.

Important information
Quarterly revenue figures and financial disclosures will continue to be provided in accordance with applicable accounting standards and reporting requirements.

WPTG publishes its Interim Report Q1 2026

White Pearl Technology Group AB (publ) (“WPTG”, the “Group” or the “Company”) publishes its interim report for the first quarter of 2026 (Q1 2026). The report is now available to read in the attached document and on the Company’s website.

Financial Highlights

Metric Q1 2026 Q1 2025 YoY Change FY 2025
Revenue 143.7 98.9 45% 510.5
EBITDA 23.4 15.8 47.7% 86.1
EBITDA Margin 16.3% 16% 16.9%
EBIT 23.1 15.8 46% 85.9
Net Profit After Tax 21 15.3 39.5% 67.7
EPS (SEK) 0.71 0.55 29.1% 2.40
Diluted EPS (SEK) 0.71 0.55 2.40

Note: All figures are presented in million SEK, except for EPS and Diluted EPS. No extraordinary adjustment was made in Q1 2026.

Revenue mix by line of business

Metric FY 2023 FY 2024 FY 2025 Q1 2026
IT Services — project & consulting 42% 35% 28% 30%
Managed & Recurring Services 39% 40% 39% 37%
Software, Platforms & IP 13% 16% 19% 20%
Talent & Process Services 6% 9% 14% 13%
Group total 100% 100% 100% 100%

Segment shares of Group revenue. Q1 2026 figures pending finalisation.

WPTG signs agreement to acquire Peritum Agri Institute

White Pearl Technology Group AB (publ) (“WPTG”, the “Company” or the “Group”) announces that the Company has entered into an agreement to acquire 100% of Peritum Agri Institute (“Peritum”), a South African agricultural education and workforce development institution based in Bloemfontein.

About Peritum
Peritum is a South African-established provider of accredited agricultural training, practical skills development, and workforce programs for the agriculture and agribusiness sectors. Founded in 2001, the institution celebrates its 25th anniversary in 2026 and has recently entered a new growth phase as a registered Higher Education Institution in South Africa.

The Agreement and Expected Revenue
Under the proposed transaction, WPTG will acquire Peritum for cash consideration of SEK 11 million, including cash earnouts.

Peritum is expected to generate revenue exceeding SEK 12 million in 2026, with a profit of approximately SEK 2 million. The transaction remains subject to customary due diligence, regulatory approvals where applicable, and final binding agreements.

Strategic expansion within AgriTech, AI-enabled Learning, and Workforce Development
The acquisition strengthens WPTG’s exposure to several high-growth themes, including AgriTech, artificial intelligence, learning management systems, digital training and workforce development. WPTG sees a significant opportunity to combine Peritum’s agricultural training expertise with the Group’s technology platform, AI capabilities and digital transformation experience.

As agriculture becomes increasingly shaped by data, automation, sustainability requirements and technology-enabled productivity, WPTG believes the ability to train and upskill the agricultural workforce will become a critical enabler of long-term sector growth. Peritum provides WPTG with an established platform from which to develop scalable digital learning, AI-assisted training and AgriTech workforce solutions across South Africa and other emerging markets.

“Peritum gives WPTG a strong foothold in AgriTech, EdTech and workforce development. As agriculture becomes more technology-driven, demand for training is growing rapidly. By combining Peritum’s expertise with WPTG’s AI and digital learning capabilities, we see strong potential to build a scalable platform driven by long-term trends in food security, digital agriculture and AI-enabled learning” – Marco Marangoni, Group CEO of WPTG

For further information, please contact:

White Pearl Technology Group AB
Investor Relations
Email: ir@whitepearltech.com
Website: www.whitepearltech.com

About White Pearl Technology Group AB

White Pearl Technology Group AB is a global technology group focused on IT services, digital transformation and smart infrastructure solutions. Through its platform model, WPTG acquires and integrates specialist businesses, drives cross-selling opportunities and deploys AI, data and technology capabilities across its global footprint.

Annual Report 2025

White Pearl Technology Group AB (publ) (“WPTG”, the “Group” or the “Company”) publishes its Annual Report for the financial year 2025. The Annual Report is now available to read in the attached document and on the Company’s website.

The following change has been made compared with the previously published year-end report. A management fee attributable to the 2025 financial year has been accrued in the parent company. Invoicing to the subsidiaries will take place during 2026. The change does not affect the Group’s total results or cash flow, but relates to a reallocation between the parent company and the other Group companies.

WPTG publishes its Annual Report 2025

White Pearl Technology Group AB (publ) (“WPTG”, the “Group” or the “Company”) publishes its Annual Report for the financial year 2025. The Annual Report is now available to read in the attached document and on the Company’s website.

The following change has been made compared with the previously published year-end report. A management fee attributable to the 2025 financial year has been accrued in the parent company. Invoicing to the subsidiaries will take place during 2026. The change does not affect the Group’s total results or cash flow, but relates to a reallocation between the parent company and the other Group companies.