Oslo, 8 December 2023 - Xplora Technologies AS ("Xplora") is pleased to announce
a revenue sharing agreement with a new, undisclosed Nordic Telco. This is
Xplora's third revenue sharing agreement in the Nordics, for a total of four
revenue share agreements globally.

The Telco has already started selling Xplora smartwatches through their internal
distribution channels. Xplora receives a monthly recurring service revenue in
addition to the traditional hardware margin. As previously announced, Xplora
aims to continue the expansion of its new, innovative recurring revenue model to
all current markets.

For further information please contact:
Sten Kirkbak, CEO, +47 92203710, sten.kirkbak@xplora.com
Knut Stålen, CFO, +47 92043458, knut.stalen@xplora.com

About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market
for children's smartwatches. Xplora was founded to give children a safe
onboarding to the digital life and a better balance between screen time and
physical activity. Xplora's vision is to enable children around the world to
experience how their everyday activities can create value and make a positive
change in the world. The company is headquartered in Norway with operations in
leading European markets. Xplora is listed on Euronext Growth under the ticker
symbol XPLRA.

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