The Board and management believe that the proposed appointment of PwC represents an important step in WPTG’s continued development as a global listed technology group. As WPTG expands its operations across multiple geographies, strengthens its Nordic and European presence, and continues to pursue a disciplined growth strategy, the Group requires an audit partner with the scale, international reach, and sector experience to support its next phase of maturity.

PwC‘s appointment aligned with WPTG’s growth
PwC’s global network, experience with listed companies, and understanding of complex international groups are expected to support WPTG in further strengthening financial reporting, governance, internal controls, and investor confidence. The appointment is also aligned with WPTG’s ambition to build a more institutional, transparent, and scalable platform as the Group continues to grow organically and through acquisitions.

Subject to the required independence rules applicable to statutory auditors, PwC’s broader professional expertise and international perspective are also expected to complement WPTG’s existing network of professional advisers as the Group continues to enhance its governance, reporting, and operational infrastructure.

Auditor-in-Charge
The Auditor-in-Charge for the assignment is Patric Kruse.

“WPTG has grown rapidly into a global technology group with operations across several markets. As we continue to scale, strengthen our Nordic and European platform, and build a company capable of meeting higher institutional standards, it is important that our audit framework evolves with us. The proposed appointment of PwC reflects our commitment to stronger governance, greater transparency, and continued professionalisation of the Group. We believe PwC’s international reach and experience with complex listed groups will be highly valuable as WPTG enters its next phase of growth,” – Group CEO Marco Marangoni

Right to attend and notification
Shareholders who wish to attend the Annual General Meeting must:
– be registered as a shareholder in the share register maintained by Euroclear Sweden AB as of 26 May 2026, and
– notify the Company of their participation no later than 28 May 2026.

Notification may be made in writing to White Pearl Technology Group AB, Box 5216, 102 45 Stockholm, Sweden, or by e-mail to ir@whitepearltech.com. The notification shall include name/company name, personal or corporate identity number, address, telephone number and, where applicable, information about representatives and/or proxies.

Shareholders whose shares are registered in the name of a nominee must, in order to be entitled to participate, temporarily register the shares in their own name in the share register maintained by Euroclear Sweden AB.
Shareholders represented by proxy must issue a written and dated power of attorney. Proxy forms are available on the Company’s website no later than three weeks prior to the meeting.

Proposed agenda

1. Election of chairman of the meeting.
2. Preparation and approval of the voting register.
3. Approval of the agenda.
4. Election of one or two persons to verify the minutes.
5. Determination of whether the meeting has been duly convened.
6. Presentation of the annual report and auditor’s report and the consolidated financial statements and auditor’s report for the group.
7. Resolutions regarding:
   a. Adoption of the income statement and balance sheet and the consolidated income statement and consolidated balance sheet.
   b. Allocation of the Company’s results in accordance with the adopted balance sheet.
   c. Discharge from liability for the members of the Board of Directors and the CEO.
8. Determination of the number of Board members and auditors.
9. Determination of fees to the Board of Directors and the auditor.
10. Election of Board members, Chairman of the Board and auditor.
11. Resolution on new Articles of Association
12. Resolution on issue of warrants to Fenja Capital II A/S.
13. Resolution on authorisation.
14. Closing of the meeting.

Proposed resolutions

Item 7(b) – Allocation of the Company’s results
The Board of Directors proposes that the result of the Company be carried forward and that no dividend is paid.

Item 8–10 – Election of Board of Directors and auditor, etc.
It is proposed that the Board of Directors shall consist of six (6) members. Re-election is proposed for all current board members: Arne Nabseth, Jari Koister, Marco Marangoni and Sven Otto Littorin, who is also proposed to be re-elected as Chairman of the Board. In addition, it is proposed to elect two new board members.

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 Annual General Meeting will resolve on the election of an audit firm, with an authorised public accountant as auditor in charge, for the period until the end of the next Annual General Meeting. The proposal will be presented as soon as possible. Fees to the auditor shall be paid in accordance with approved invoices.

Item 11 – Resolution on new Articles of Association
It is proposed to introduce a new provision authorising the Board of Directors to resolve that general meetings be held digitally. Accordingly, § 2 of the Articles of Association shall be amended and, if approved by the General Meeting, shall read as follows
“Styrelsen ska ha sitt säte i Stockholms kommun. Styrelsen får även besluta om att stämman ska hållas digitalt i enlighet med vad som föreskrivs om enligt 7 kap. 15 § aktiebolagslagen (2005:551).”

Item 12 – Resolution on issue of warrants to Fenja Capital II A/S
The Board of Directors proposes that the Annual General Meeting resolves on a directed issue of warrants on the below terms. The issue of warrants is carried out as part of fulfilling the Company’s contractual obligations under the loan agreement entered into with Fenja Capital. The issue forms an integral part of the financing structure, enabling continued growth, acquisitions and the pursuit of strategic opportunities in line with the Company’s communicated strategy.

The Board of Directors has assessed that the terms of the loan are on market terms and beneficial to the Company and its shareholders, and that the warrant issue, as part of this financing, is in the interest of all shareholders by strengthening the Company’s financial position and enabling value-creating initiatives.

The warrants shall be issued on the following principal terms and conditions:

1. Number of warrants
   The Company shall issue not more than 522,091 warrants. Each warrant entitles the holder to subscribe for one (1) class B share in the Company.
2. Increase of share capital
   Upon full exercise of all warrants, the share capital will increase by not more than SEK 11,486.005121.
3. Subscription price
   The warrants shall be issued free of charge.
4. Right to subscribe
   The right to subscribe for the warrants, with deviation from the shareholders’ preferential rights, shall belong to Fenja Capital II A/S.
5. Subscription period
   Subscription for warrants shall take place no later than 20 June 2026. The Board of Directors shall be entitled to extend the subscription period.
6. Exercise price and exercise period
   Each warrant entitles the holder to subscribe for one (1) new class B share in the Company at an exercise price corresponding to the volume-weighted average price of the Company’s share during the five (5) trading days preceding the annual general meeting. The exercise period runs from registration with the Swedish Companies Registration Office up to and including 5 December 2030.
7. Payment
   No payment is required as the warrants are issued free of charge.
8. Right to dividends
   Shares subscribed for through exercise of the warrants carry the right to dividends for the financial year in which the shares are registered.
9. Terms and conditions
   The full terms and conditions of the warrants and other documentation are available at the Company.
10. Authorisation
    The Board of Directors is authorised to make minor adjustments required for registration of the resolution.

The general meeting is proposed to resolve on an issue of warrants as part of fulfilling the Company’s contractual obligations under the loan agreement entered into with Fenja Capital on 12 December 2025. The issue supports the Company’s financing structure and strengthens its ability to pursue growth initiatives, including acquisitions and other strategic opportunities.

The Board of Directors has assessed that the terms of the loan are on market terms and beneficial to the Company and its shareholders, and that the warrant issue, as part of this financing, is in the interest of all shareholders by strengthening the Company’s financial position and enabling value-creating initiatives.

Item 13 – Resolution on authorisation
The Board of Directors proposes that the Annual General Meeting authorises the Board of Directors to, on one or several occasions until the next Annual General Meeting, resolve on issuance of class B shares, warrants and/or convertibles entitling to subscription of class B shares, with or without deviation from the shareholders’ preferential rights, against cash payment, contribution in kind or set-off. The total number of class B shares that may be issued, or added through exercise of warrants or conversion of convertibles, shall not exceed a dilution of forty (40) per cent of the total number of class B shares in the Company at the time of the resolution, i.e. 12,138,583 class B shares. The purpose of the authorization, and the reason for permitting deviation from the shareholders’ pre-emption rights, is to enable the Company to raise capital in a swift and cost-efficient manner, carry out acquisitions or otherwise pursue strategic opportunities. The value added to the Company through an issue resolved upon under the authorization shall be on market terms and may include a market-based discount.

Other
For a valid resolution under items 11, 12 and 13, approval by shareholders representing at least two-thirds (2/3) of both the votes cast and the shares represented at the meeting is required. All other resolutions require a simple majority. The Company has 30,371,348 shares outstanding, of which 24,889 are class A shares (10 votes per share) and 30,346,459 are class B shares (1 vote per share), corresponding to a total of 30,595,349 votes. The Board of Directors’ proposals for resolution are set out above. The complete proposals, together with the related documents, statements and reports in accordance with the Swedish Companies Act, will be made available on the Company’s website no later than three weeks prior to the annual general meeting and will be sent to shareholders who so request and provide their postal address. Shareholders are informed of their right to request information from the Board of Directors and the CEO at the meeting regarding circumstances that may affect the assessment of a matter on the agenda or the Company’s financial situation, provided that this can be done without material harm to the Company (Chapter 7, Sections 32 and 57 of the Swedish Companies Act).

***

Stockholm, May 2026
White Pearl Technology Group AB (publ)
The Board of Directors

About Guerilla Tactical Services

Guerilla provides specialised tactical, security, and operational services, with a growing footprint in high-value, mission-critical environments. Guerilla is an established South African operator with:

• Revenue of approximately SEK 15 million
• EBITDA margins of approximately 15%
• 108 employees
• A strong client base including leading organisations such as Bidvest and Vodacom

Strategic expansion within Smart infrastructure, AI, Robotics and Drone solutions

The proposed acquisition represents a key step in advancing WPTG’s Smart Infrastructure and AI strategy. The Company aims to expand into high-growth areas such as AI-driven security and surveillance, robotics-enabled monitoring, drone-based services, and integrated command-and-control systems.

By combining Guerilla’s operational expertise with WPTG’s AI, data analytics, and digital platform capabilities, the Company intends to create a differentiated, technology-led offering. This positions WPTG to meet increasing demand from public and private sector clients for intelligent, scalable infrastructure solutions.

Synergies

Through WPTG’s platform model, Guerilla is expected to benefit from cross- and upselling opportunities, as well as deployment of AI-powered solutions, automation tools, and advanced analytics. The integration also provides access to new markets and geographies.

These combined strengths are expected to accelerate growth in the short to medium term and improve margins through technology-driven efficiencies.

“This proposed acquisition marks an important step in expanding WPTG’s Smart Infrastructure and AI capabilities. Guerilla brings strong operational expertise and a high-quality client base, which we believe can be enhanced through our platform. By integrating AI, robotics and drone technologies, we see a clear opportunity to transform the business into a next-generation infrastructure and security provider, aligned with our strategy of delivering scalable growth and long-term shareholder value” – Marco Marangoni, Group CEO of WPTG

The cash component of the transaction will be financed through the Company’s existing credit facility with Fenja Capital, from which approximately SEK 6 million is expected to be utilized in connection with the acquisition.

Closing of the transaction is expected to take place on 1 May 2026.

Financial profile and investment case

Bravissimo demonstrates stable and profitable financial performance with strong margins. In 2025, the company reported revenues of approximately SEK 17.3 million and EBITDA of approximately SEK 3.5 million. In 2024, revenues amounted to approximately SEK 17.6 million with EBITDA of approximately SEK 3.5 million.

The consistent profitability and stable revenue base, combined with the company’s position within high-margin services, form an attractive platform for continued growth within the WPTG group.

About Bravissimo

Bravissimo is based in Åhus, Kristianstad and Malmö and has, since its founding in 1989, developed strategic and creative solutions within marketing, digital communication and technical development, with a strong focus on quality, innovation and customer satisfaction.

The company specializes in digital solutions and operates across four business areas:

• Digital
• Studio
• Creative
• Audio

Bravissimo serves a diversified client base across sectors such as banking, insurance, real estate and the public sector. With strong expertise in web development, system integration, search engine marketing and performance marketing, the company holds a solid position in the digital landscape.

Bravissimo is currently owned by CHOMP Holding AB, which is partly owned by four entrepreneurs who are actively involved in running the business. These key individuals will remain in the company following the transaction and continue to contribute to its development, which is considered an important factor for successful integration and continued growth.

Transaction overview

The final purchase price will be subject to customary adjustments based on net debt and working capital at closing. The earn-out may amount to up to 60 percent of EBITDA per year, provided that a minimum EBITDA of SEK 2.1 million is achieved, and may be settled in cash or in newly issued shares in WPTG.

Reinvestment and lock-up

As part of the transaction, the seller will receive shares in WPTG corresponding to approximately SEK 8.525 million of the initial purchase price.

Of these:

• Shares corresponding to approximately SEK 4.9 million will be subject to a lock-up period of 12 months
• Shares corresponding to approximately SEK 3.625 million will not be subject to any lock-up

The structure is designed to ensure long-term commitment from the sellers and alignment with WPTG’s shareholders.

Strategic rationale and synergies

The acquisition of Bravissimo is in line with WPTG’s strategy to grow through selective acquisitions within digital services and strengthens the Group’s presence in the Nordic region.

Bravissimo complements existing operations within the Group, particularly in relation to Createx Ltd, Native Digital Ltd and Top4, where clear synergies have been identified, as well as scalability benefits in relation to companies within the same sector with which WPTG has recently entered into LOIs. The acquisition also strengthens WPTG’s shared services structure in the Nordics by adding a strong operational platform capable of supporting and developing other companies within the Group.

• Commercial synergies through cross-selling of services within digital strategy, development and marketing
• Operational synergies through more efficient utilization of resources across production and delivery
• Customer synergies through a broader and more integrated offering
• Scalability benefits through integration with both existing companies and recently communicated LOI transactions within the same segment

Together, this is expected to increase delivery capacity, improve margin profile and create a more scalable platform for continued growth within WPTG’s digital services segment.

Financing
In connection with the transaction, the Company will utilize an additional SEK 6 million from its previously communicated credit facility with Fenja Capital.

Background 
As communicated on 16 October 2025, WPTG entered into an agreement with the IT Group Spotr Group AB (Spotr Group) (Nasdaq First North: SPOTR) to acquire the Spotr Group subsidiaries Adligo AB, APTR SL AB, Appspotr South Asia (PVT) LTD and a 51 percent stake in Krobier AB (the “Transaction”). In accordance with the contract, WPTG will issue in total 965,766 shares to Spotr Group and the Board of Directors in WPTGtoday resolved to issue 676,036 series B shares (70% of total consideration) as first installment of the payment. The Share Issue corresponds the remaining 30% of the total consideration, which has now been finalised in accordance with the agreed structure of the Transaction. 

Number of shares and share capital  
The Board of Directors has resolved to issue the Share Issue of 293,975 new Series B shares at a subscription price of SEK 20 per share, corresponding to a total value of approximately SEK 5.9 million. 

As a result of the Share Issue, the Company’s share capital will increase by SEK 6,467.438839, from SEK 661,701.064094 to SEK 668,168.502933. The number of shares will increase by 293,975 shares, from 30,077,373 to 30,371,348. 

The share issue entails a dilution of approximately 0.97 percent of the total number of shares and votes in the Company (based on the number of shares and votes following the Share Issue). 

Lock-up  
All shares issued to Spotr Group AB are subject to a lock-up undertaking, pursuant to which the shares may not be sold, transferred or otherwise disposed of during a period of six months from the closing date of the Transaction. Consequently, the lock-up of shares issued in the Share Issue will remain in effect until 23 June 2026. 

LOI – Purchase Price
The indicative purchase price amounts to SEK 9 million. Upon execution of the final share purchase agreement, WPTG intends to issue Series B shares amounting to SEK 4.5 million. These shares will be subject to a 9-month lock-up period. The share price is intended to be based on the 15-day volume-weighted average price (VWAP) on the day of signing of the final agreement.

A further consideration of SEK 4.5 million is intended to be paid 12 months post-acquisition in WPTG shares, conditional upon Solutions Sweden achieving EBITDA of SEK 1.5 million. These shares will be subject to a 6-month lock-up period.

If the EBITDA target is not achieved, the additional purchase consideration is intended to be adjusted on a pro rata basis. In the event of overachievement, the purchase price may be increased proportionally up to 120% of target, in accordance with the final agreed terms.

About Profit Solutions Sweden and Strategic Rationale
Profit Solutions Sweden is a Sweden-based digital marketing agency specializing in performance marketing services, including SEO, SEM, paid social, and web development. The company is cash flow positive and generates annual revenues of approximately SEK 13.5 million.

The acquisition of Solutions Sweden represents a scalable and cash-generative opportunity for WPTG within its digital marketing and customer acquisition offering. Adding Solutions Sweden to the WPTG is expected to create several synergy opportunities, including cross-selling of marketing services, as well as upselling WPTG’s broader technology and digital transformation services to Solutions Sweden’s customers.

March overview
March demonstrated the strength of WPTG’s core business, with solid underlying performance across the Group’s operations and markets. The monthly revenue development was primarily driven by organic growth, providing a clear indication of a momentum.

The Group continues to execute on its strategic expansion agenda, with several acquisitions expected to begin contributing in Q2 2026. As such, March largely reflects the earnings capacity of WPTG’s underlying organic business ahead of the next phase of contribution from acquired entities.

WPTG remains focused on combining organic growth with selective acquisitions to expand its service offering, geographic reach, and commercial scale.

Monthly revenue performance

• March 2026: Approximately SEK 55.0m

Net sales for March reflect strong organic year-over-year growth and continued healthy demand across the Group’s core operations. March was largely driven by the existing business, with the majority of acquisitions currently underway expected to begin contributing from Q2 onwards.

Compared with 2025, the March 2026 performance demonstrates the continued strength of WPTG’s organic growth trajectory and the scalability of the Group’s platform.

Following continued strong sales development and contributions from recent acquisitions, the Group updated its full-year 2026 revenue outlook in January to approximately SEK 620m.

Latest revenue performances

Month	Net sales, 2026 (SEK)	Net sales, 2025 (SEK)	Change
March	55.0m	35.6m	+ 54.5%
February	42.3m	30.9m	+ 36.5%
January	44.6m	32.4m	+ 37.5%
Q1 Total	141.9m	98.9m	+ 43.5%

*WPTG started reporting monthly revenue numbers from October 2025.

Important information
Monthly revenue figures are provided as unaudited management information and are intended to complement, not replace, the company’s interim and annual financial reporting prepared in accordance with applicable accounting standards.

LOI – Purchase Price
The indicative purchase price amounts to approximately SEK 12 million and is intended to be settled in full through newly issued shares in WPTG. The purchase price is structured as an initial consideration and a performance-based additional consideration (earn-out).

The initial consideration amounts to approximately SEK 6 million and is intended to be paid through a share issue in connection with closing. These shares will be subject to a lock-up period.

The remaining consideration of up to approximately SEK 6 million constitutes an earn-out, which is also intended to be settled in newly issued shares in WPTG and is conditional upon GVO achieving certain predefined financial targets following completion. The outcome may be adjusted on a pro rata basis depending on actual performance.

About GVO and Strategic Rationale
GVO Media Group operates within digital marketing and represents a consolidated business consisting of three existing entities brought together to create a unified, scalable, and cost-efficient platform. The combined business is expected to generate revenues of approximately SEK 12–13 million in 2026, with an increasing share of recurring revenue and positive cash flow.

GVO has a scalable growth platform with clear integration and expansion synergies in relation to WPTG. A key value driver is a proprietary, AI-enabled CRM system that supports automated delivery, enhanced client management, and real-time KPI tracking across all service areas. This enables a more scalable operating model with improved efficiency and greater transparency.

GVO consists of a team of approximately 10 professionals and is led by CEO, Hampus Rosencranz and COO, Petter Paulsson.

The transaction is subject to customary due diligence and the parties entering into definitive binding agreements.

Expected completion
The transactions and completion Acquisitions pursuant to the signed SPAs are conditional upon the preparation and formalization of all required documentation in accordance with Bulgarian legal requirements. Closing will occur after the final transaction documentation has been formally compiled and physically signed in Bulgaria. This formalization process is expected to be completed within 18 days.

In parallel, integration work has already commenced on a commercial level.

Background to the Acquisitions
WPTG announced on 17 December 2025, that the Company signed Letters of Intent (LOIs) to acquire CreateX and Native Digital. Both companies are Bulgaria-based digital agencies with strong capabilities in performance marketing, creative production, and short-form video.

The companies have integrated AI-driven tools and workflows throughout their service delivery, content creation, and campaign optimisation processes, supporting scalable and efficient growth. These strategic factors reinforce the Company’s position in AI-driven marketing and automated workflows.

Purchase consideration and Lock-up periods
The total upfront purchase consideration for the Acquisitions amounts to EUR 475,000, consisting of a mix of cash payments and promissory notes convertible into WPTG B shares, plus additional earn-out components based on EBITDA performance during 2026–2028.

The subscription price for the B shares shall correspond to the volume-weighted average price (VWAP) of WPTG B share during the 20 trading days preceding the closing date. As part of the transactions, consideration shares are subject to a 12-month lock-up period.

• CreateX: EUR 400,000 upfront, consisting of EUR 200,000 in cash and EUR 200,000 via promissory note, exchangeable into WPTG B-shares. The earn-out is based on YoY EBITDA performance during 2026–2028 with a baseline EBITDA of EUR 125,000. 57.5% of the consideration shares are subject to a 12-month lock-up period.
• Native Digital: EUR 75,000 upfront, consisting of EUR 50,000 in cash and EUR 25,000 via promissory note, exchangeable into WPTG B-shares. The earn-out is based on YoY EBITDA performance during 2026–2028 with a baseline EBITDA of EUR 16,667. 100% of the consideration shares are subject to a 12-month lock-up period.

Earn-out structure:
The earn-out is based on EBITDA performance during 2026–2028, with targets growing at 10% annually and measured on a 2-year rolling average. The payout is linear relative to target performance, where 100% target achievement results in 100% earn-out. No earn-out is paid below 40% of target, and there is no cap on upside. If the companies perform in line with targets, annual earn-outs are expected to amount to approximately EUR 116,667 for CreateX and EUR 8,333 for Native Digital.

Financial performance of the Acquisitions
For the financial year 2024, the combined entities reported:

• Revenue of approximately EUR 1.25 million
• EBITDA of approximately EUR 147 thousand

For the financial year 2025, the combined entities reported:

• Revenue of approximately EUR 1.48 million
• EBITDA of approximately EUR 156 thousand

February overview
During February, WPTG completed the acquisitions of Adligo AB, APTR SL AB, Appspotr South Asia (Pvt) Ltd, and Spotr Group AB’s 51 percent holding in Krobier AB. The acquired companies have now been integrated into the Group’s operating platform.

To support continued expansion, the Group has reorganised its finance function in line with the growing scale and complexity of the business. In addition, Seema A. Khan, a globally recognised expert in governance, was appointed to WPTG’s Advisory Board.

WPTG also announced the signing of letters of intent (LOIs) to acquire two additional companies, including ServIT, with operations in Sweden, and Saltycustoms, with operations in Malaysia and Singapore.

Monthly revenue performance

• February 2026: SEK 42.3 million

Net sales for February reflect a stable performance and continued strong underlying demand across the Group’s markets. Europe represented more than 30 percent of total revenue and remains a key growth region.

Key contributors to revenue during the month included SHB Handelsbanken in Sweden, CSOS in South Africa, Egyptair in Egypt, and Yash Technologies in India.

Following continued strong sales development and contributions from recent acquisitions, the Group updated its full-year 2026 revenue outlook in January to approximately SEK 620 million.

Latest revenue performances

Month	Net sales, 2026 (SEK)	Net sales, 2025 (SEK)	Change
February	42.3 million	30.9 million	+ 36.5%
January	44.6 million	32.4 million	+ 37.5%

Important information
Monthly revenue figures are provided as unaudited management information and are intended to complement, not replace, the company’s interim and annual financial reporting prepared in accordance with applicable accounting standards.