White Pearl Technology Group AB: WPTG Reports Strong Q1 2025 Results with 87.5% EBITDA Growth

EPS Increases to Record 0.53 SEK, Up 65.6% Year-on-Year as High-Margin Strategy Delivers.

Q1 2025 Financial Highlights:

• Revenue: SEK 98.91M (Q1 2024: SEK 83.76M)
• EBITDA: SEK 15.88M (Q1 2024: SEK 8.47M)
• EBITDA margin: 16.1% (Q1 2024: 10.1%)
• Earnings Per Share (EPS): 0.53 SEK (Q1 2024: 0.32 SEK)

Strategic Developments:

The quarter marks an inflection point for WPTG, as the Group's transformation into an AI- and data-driven technology provider reflects strongly in both revenue quality and margin performance. High-value offerings based on proprietary intellectual property and AI platforms contributed a growing share of total revenue, positioning the Group for sustainable, scalable growth.

Recent strategic acquisitions enhancing the Group's capabilities include:

• Nuport Sverige AB and Lumin4ry AB in Sweden
• Significant investment to expand AI capabilities

In February 2025, WPTG listed on the OTCQX Best Market in the United States, expanding the company's investor base and international visibility in support of global expansion plans.

Executive Commentary:

"Our Q1 results demonstrate the outcomes of our long-term strategy: to build a high-margin, innovation-led technology group. Our proprietary AI and big data solutions are now being adopted by clients across multiple geographies, validating the strength of our IP and creating recurring revenue streams with enhanced profitability," said Marco Marangoni, CEO of White Pearl Technology Group.

"We have achieved a Q1 EBITDA margin of 16.1%, the highest in our company's history. This is a direct result of our strategic focus on IP-based offerings, AI services, and big data platforms, positioning WPTG as a leader in next-generation IT services."

Business Highlights:

WPTG's proprietary platforms support public and private sector clients across emerging markets in areas such as:

• Predictive analytics and fraud detection
• AI-powered workflow automation
• Big data infrastructure for digital governance

The company remains committed to its five strategic growth pillars:

1. Expanding Global Delivery Network
2. Enhancing Proprietary Solutions & IP
3. Advancing AI & Machine Learning capabilities
4. Growing Business Process Outsourcing services
5. Pursuing targeted Strategic Acquisitions

Forward Outlook:

The shift towards emerging technologies positions WPTG for sustainable growth and improved margins through 2025 and beyond, with the Q1 performance demonstrating the company's ability to deliver exceptional value. The company expects margin improvements to continue in the medium term, with additional product rollouts and contract wins expected in Q2 and Q3.

Forward-Looking Statements:

This press release contains forward-looking statements that reflect the Company's current views with respect to future events and financial and operational performance. These forward-looking statements may be identified by the use of forward-looking terminology, such as "believe", "expect", "anticipate", "intend", "plan", "estimate", "project", "target", "aim", "may", "will", "would", "could" or "should" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its subsidiaries and investments. All statements other than statements of historical facts included in this document are forward-looking statements. The Company undertakes no obligation to update these forward-looking statements.

This information is information that White Pearl Technology Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below, at 08:00 CEST on April 22, 2025.

For more information, please contact:

IR Manager

IR@whitepearltech.com

Phone: +46 733 611000

The company's Certified Adviser is Amudova AB, email: info@amudova.se, phone: +46 8 546 017 58.

About White Pearl Technology Group AB:

White Pearl Technology Group AB (WPTG) is a global technology company specialising in digital transformation solutions. With a presence in 18 countries and a team of 750 experts, WPTG helps organisations navigate the complexities of the digital age, offering services ranging from ICT and system integration to business software and digital innovation.