Strong growth and increasing presence in Europe
WPTG continues to experience strong momentum across its European and Nordic operations, where demand for digital transformation, cloud services, and enterprise software development remains strong.

Europe is becoming an increasingly important part of WPTG’s business and long-term strategy. The Company’s ongoing press releases regarding Letters of Intent (LOIs) in Europe demonstrate the continued growth in the region and highlight future cash flow generation from the European operations.

The continued expansion in Europe represents an important pillar of WPTG’s strategy to build a globally diversified and scalable IT services and software platform serving both enterprise and public sector clients.

Diversified geographic revenue base
WPTG’s previously reported revenue distribution reflects a diversified geographic footprint, with Africa representing the largest share of revenue while Europe continues to grow as a strategically important market.

Limited exposure to Gulf developments
In light of current geopolitical developments in and around the Gulf region, the Company confirms that no material impact on WPTG’s operations is expected.

Only 14.6% of WPTG’s total revenue is derived from the Middle East, with most of this generated in Egypt. As a result, WPTG has limited exposure to the parts of the region currently affected by tensions in the Gulf.
In addition, regional revenues are supported by stable and long-term customer relationships, strengthening the resilience of WPTG’s revenue base.

Profitable platform driving organic growth
WPTG operates a profitable and scalable platform supported by solid margins and a business model combining IT services, digital transformation, and proprietary software solutions.

The Company’s profitability is further strengthened by a growing portfolio of proprietary solutions, including AI-related applications developed for large enterprise customers.

In addition to growth through acquisitions, WPTG continues to drive organic growth through cross-selling among its group companies and the gradual integration of businesses into the Company’s shared operating platform. This supports a broader service offering and creates additional revenue opportunities across multiple regions. WPTG operates a profitable, scalable platform with solid margins.

High M&A activity with focus on Europe
WPTG is currently experiencing high levels of M&A activity, with a clear strategic focus on Sweden and the broader European market.

The Company continues to evaluate a number of potential acquisition opportunities aimed at strengthening its European presence and increasing recurring revenue and cash flow generation. WPTG expects continued M&A activity going forward with a disciplined focus on value-creating transactions.

Strong financial position and positioned for growth
WPTG maintains a solid financial position that provides flexibility to pursue strategic opportunities while maintaining a prudent balance sheet. This supports the Company’s continued international expansion.

Following the successful build-out of its international platform, WPTG continues to focus on:

• expanding its presence in Europe
• strengthening profitability and cash generation
• scaling existing client relationships
• executing disciplined and value-creating strategic transactions

These recent contracs secured by the WPTG subsidiaries Afrison and Premier Brands offer proof that the WPTG model with Swedish-backed governance, international reach, and cross-platform strategy can transform local operators into nationally competitive infrastructure enterprises.

Evolving into businesses capable of winning national-scale tenders

When White Pearl Technology Group acquires a business, it does not simply add a balance sheet line — it exports a fundamentally different standard of operating discipline to that business. Afrison and Premier Brands are the latest proof of that proposition. Both entered the White Pearl Africa Smart Infrastructure Division as capable, regionally respected operators. Under Swedish ownership, with access to Group governance frameworks, institutional-grade risk management, and a coordinated cross-selling platform, they have evolved into businesses capable of winning national-scale tenders against international competition — and executing on them.

Positioning itself as a full-spectrum infrastructure technology provider

Afrison’s award of the SANRAL N3 intelligent highway lighting contract to be delivered in Q2 is emblematic of this transformation. Competing against established international players and winning on technology and delivery credibility would not have been realistic for a standalone South African SME. Backed by White Pearl’s platform — which integrates OEM manufacturing, IoT data intelligence, and digital overlay capability — Afrison could position itself as a full-spectrum infrastructure technology provider, not a hardware vendor. The initial ZAR 8 million award now opens a corridor with tens of millions of rands in potential as the N3 programme scales between Pietermaritzburg and Durban.

The commercial confidence and technical depth that Group membership enables

Premier Brands tells a parallel story in energy infrastructure. Competing for Eskom’s PV and Battery Energy Storage rollout — and securing the largest allocation among all awarded bidders — reflects the commercial confidence and technical depth that Group membership enables. The ZAR 35 million pilot contract, to be delivered within six months, is the entry point to a programme with approximately 300 additional Eskom sites identified for rollout over the next two to three years. That pipeline would not be visible, much less accessible, without the platform White Pearl has built.

The output of a deliberate Group strategy

Critically, these are not isolated wins — they are the output of a deliberate Group strategy. White Pearl’s model is to take businesses with proven domain expertise and give them what developing-market operators rarely possess: disciplined capital allocation, conservative financial stewardship, structured cross-sell frameworks, and a platform that opens markets far beyond their domestic footprint. Lighting, energy, IoT, and data analytics are now delivered as a unified proposition across both companies, with additional cross-divisional mandates in late-stage negotiation and further announcements expected shortly. The Group’s SADC regional expansion programme is actively in progress, with governments and utilities across the sub-continent engaging White Pearl Africa as a credible, bankable infrastructure technology partner.

The issue is being carried out to offset an outstanding debt of SEK 456,000 relating to advisory services provided in connection with WPTG’s acquisition of Spotr Group AB’s subsidiaries Adligo AB, APTR SL AB, Appspotr South Asia (Pvt) Ltd, and Spotr’s 51 percent holding in Krobier AB.

In accordance with the parties’ agreement, the share subscription price shall be SEK 16 per share. Of the subscription price, SEK 0.022 per share shall be allocated to the share capital and the amount exceeding the quota value shall be allocated to the unrestricted share premium reserve.

Deviation from the shareholders’ preferential rights

The purpose of the share issue is to settle the Company’s debt to the subscriber through set-off. The Board of Directors has assessed that the share issue is beneficial to the Company and to all shareholders as it reduces the Company’s indebtedness and improves the capital structure. The Board therefore considers that the reasons for deviating from the shareholders’ pre-emption rights outweigh the reasons supporting the main rule.

Number of shares and share capital

The Company’s share capital shall increase by not more than SEK 626.97, from SEK 661,074.07 to not more than SEK 661,701.04.

The number of shares in the Company shall increase by not more than 28,500 shares, from 30,048,873 shares to not more than 30,077,373 shares, entailing a dilution of approximately 0.09 percent of the total number of shares and votes in the Company.

Over the past two years, WPTG has experienced significant growth, both organically and through acquisitions. The increasing scale, geographic spread, and complexity of the Group require a more structured and integrated leadership model across finance, operations, and shared services. To support this, the Group is expanding its shared services capabilities in Sweden and the UAE, with a stronger focus on reporting quality, financial controls, and governance standards.

Vikas Gupta has been appointed as Group Chief Financial Officer of WPTG, responsible for consolidated financial performance, financial planning, budgeting, and cash-flow management, as well as strengthening financial controls, reporting, and profitability across the Group.

Vikas has deep knowledge of the Group’s subsidiaries, integration processes, and operational cost structures. His appointment will provide a more hands-on, execution-oriented CFO function across the Group and support the scaling of centralized finance and shared services functions.

Chettan Ottam will transition to Financial Director, supporting the Group CFO on financial management and reporting, overseeing specific subsidiaries, and assisting with integration and financial governance initiatives. This is an expanded operational role within the Group and the subsidiaries outside Europe, with Chettan remaining a key part of WPTG’s finance leadership team.

Hans Hägg will continue as CFO of WPTG AB, supporting the company’s financial reporting and compliance and coordinating with auditors and regulatory bodies, ensuring consistency in reporting, governance, and investor communication. Hans will be a vital part of the Group’s continued growth and increasing scale.

Ashley de Klerk has been appointed as Group COO, taking over the operational responsibilities currently held by Vikas Gupta. This appointment creates a clear separation between the Group’s financial leadership and day-to-day operations and strengthens the management structure as the Group continues to scale across multiple markets. Ashley will be responsible for operational performance across all subsidiaries, integration and execution of acquisition strategies, delivery quality, efficiency, cross-company collaboration, and the implementation of group-wide operational processes and standards.

Marco Marangoni, CEO of WPTG, commented: “Looking ahead, our priorities are execution-focused: complete integration of our recent acquisitions, scale cross-sell initiatives across the expanded Group, accelerate growth in Europe while maintaining capital discipline, and continue shifting our revenue mix toward recurring, IP-led solutions. WPTG is not a holding company — we are building an integrated platform designed to scale, and these appointments strengthen our governance, reporting, and operational foundations for the next phase of growth.”

Mr. Ebrahim Laher, founder of White Pearl Technology Group has bought 10,250 shares on the open market, making his total holdings 125,128 shares. Mr. Chettan Ottam, CFO has bought a block of 10,000 shares after which he holds 1,204,259 shares in the company.

Recently, on February 12, the company published its 12 moths report for fiscal year 2025, including strong improvements in revenue, margins and cash flow.

The full report can be found in the attached pdf and on the company’s website https://whitepearltech.com/financial-reports-2/

Please connect live or to the recorded interview at https://youtube.com/live/pFDZv9MY71g?feature=share

Viewers can post questions in the live chat.

This acquisition provides WPTG with entry into the global contact center and customer experience (CX) market, which is large and rapidly growing, driven by digital customer engagement, AI-driven automation, and omnichannel communication platforms.

ServIT is expected to contribute a revenue of SEK 3.5 million and an estimated EBITDA of over SEK 1.5 million to the White Pearl Technology Group.

Furthermore, the acquisition of ServIT represents a targeted, cash-generative software opportunity within WPTG’s core European market. The company brings proprietary technology, recurring revenue potential, and an established Swedish customer base, with opportunities to scale globally through WPTG’s platform.

Adding ServIT to the WPTG group will create several synergy opportunities. This includes revenue synergies such as cross-selling into WPTG’s global client base and bundling with digital transformation projects as well as product synergies, including integration with AI, analytics, and automation tools and the development of SaaS subscription models.

This disclosure forms part of the Company’s continued commitment to enhanced transparency and timely market communication.

Monthly revenue performance:

• January 2026: SEK 44.6 million

Business performance across the Group’s operating segments continues to develop in line with management expectations, supported by both organic growth and recent acquisitions.

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.

The proposed acquisition represents a strategic step in strengthening WPTG’s Digital Transformation and Digital Commerce portfolio, while expanding its footprint in high-growth Southeast Asian markets.

Saltycustoms provides end-to-end corporate merchandise solutions, including design, production, e-store solutions, and global fulfilment. The company serves a broad base of multinational customers and has supported major global brands including Amazon Web Services and Citibank. The company positions itself as a full-service merchandise partner, offering design, manufacturing, and worldwide distribution services for clients ranging from startups to multinational corporations.

The transaction is expected to unlock value for WPTG through several strategic benefits:

• Expansion of digital commerce capabilities. Saltycustoms’ e-store and fulfilment solutions complement WPTG’s existing digital transformation and customer experience offerings, enabling end-to-end digital merchandising and branded commerce platforms.
• Access to global enterprise clients. Saltycustoms has delivered merchandise and fulfilment solutions to leading international customers, including Amazon Web Services and Citibank, creating cross-sell opportunities for WPTG’s broader IT services and digital transformation portfolio.
• Southeast Asia growth platform. The acquisition strengthens WPTG’s presence in Malaysia and Singapore, two strategic markets in Southeast Asia, and provides a base for regional expansion.
• High-margin, asset-light service model. Saltycustoms operates a design-, technology-, and fulfilment-led model with global logistics capabilities, supporting scalable and recurring revenue streams.

Marco Marangoni, CEO of White Pearl Technology Group, commented: “The proposed acquisition of Saltycustoms fits directly into our strategy of building a global digital transformation platform with strong vertical capabilities. Saltycustoms gives us a proven digital merchandise and fulfilment engine, access to global enterprise clients, and an immediate presence in Southeast Asia. We see significant cross-selling opportunities between their client base and WPTG’s broader digital, cloud, and IT services portfolio.”

Ms. Khan is a U.S.-qualified lawyer and globally recognized strategy leader with more than 25 years of experience across government, investment, technology, and emerging-market ecosystems. She brings a unique blend of legal, regulatory, investment, and public-sector expertise, having held senior advisory and executive roles across the Middle East, the United States, and global multilateral institutions.

She has served as a senior advisor within Saudi government institutions, including leadership roles in investment and sports-economy strategy, where she helped drive major economic and policy initiatives, including attracting foreign direct investment, developing regulatory frameworks, and building public-private partnerships.

Earlier in her career, she was the General Counsel and founding team member of a fintech company that was ultimately acquired by E*Trade, leading complex M&A transactions and regulatory negotiations.

In addition to her corporate and public-sector roles, Ms. Khan has been involved in venture capital, family office governance, and emerging-market investment initiatives. She currently serves in global advisory capacities, including multilateral initiatives and international economic and innovation programs.

Sven Otto Littorin, Chairman of the Board of WPTG, commented:

“We are very pleased to welcome Seema to the WPTG Advisory Board. She brings a rare combination of legal expertise, emerging-market experience, public-sector insight, and startup execution. As we continue to expand in Europe, the Middle East, and global public-sector markets, her perspective and network will be invaluable in shaping our long-term strategy.”

In her advisory role, Ms. Khan will support the Board and senior leadership on:
·         Strategic expansion in the Middle East and emerging markets
·         Public-sector strategy and large-scale government engagements
·         Partnerships with multilateral and institutional stakeholders
·         Cross-border investment and regulatory positioning
·         Governance Strategy and Execution across the group

Seema A. Khan commented:

“WPTG represents a new generation of global technology platforms built across multiple markets. I am excited to support the Board and management team as they scale the company’s capabilities across the USA, Middle East, Asia Europe, and global public-sector ecosystems.”

Ms. Khan holds a law degree from Chicago-Kent College of Law, has studied at Columbia University, and is qualified to the New York Bar.

She has received numerous international recognitions, including the U.S. Congressional Bronze Medal for Service and advisory roles within G20 and UN-related initiatives.