Q-FREE – NEW ITS REPORTING FORMAT

Trondheim 26 April 2016;

Through the Q-Free ITS Transformation Programme the Group will in 2016 start to report on ITS Service Lines converted from old business areas. The first quarter with changed reporting will be Q1-2016. The attached file shows the transformation in details.

For further details, see video at the the Q-Free website https://www.q-free.com/investor_relations/corporate-presentation/

For further information, please contact:

Acting CEO and CFO Roar Østbø: +47 932 45 175

About Q-Free

Q-Free is a leading global supplier of products and solutions within the global ITS market. The Q-Free Group has approximately 450 employees with offices in 20 countries and presence on all continents. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter: @Q-FreeASA

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