CodeLab Capital AS - cancellation of the potential subsequent offering

Oslo, 6 August 2025

Reference is made to the stock exchange announcements made by CodeLab CapitalAS(the Company) on 26 May 2025 regarding the successful placing of a privateplacement in the Company and key information regarding subsequent offering.

The shares in the Company have since the private placement, for a period overtwo months, traded below the subscription price with volumes deemedsubstantialcompared to the size of the potential subsequent offering.Consequently, any shareholders wishing to reduce the dilutive effect of thePrivate Placement have had the opportunity to purchase shares in the Companyinthe market at prices similar to or below what would have been the subscriptionprice in the subsequent offering. The board of directors of CodeLab hastherefore decided not to proceed with the subsequent offering.

For further queries, please contact: CEO Anton Bondesen: alb@codelabcapital.com CFO Christoffer Mathiesen: cm@codelabcapital.com www.codelabcapital.com

This information is subject to the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.

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