Fiven ASA - First Quarter Results 2023

· The Q1 2023 Total revenues reached EUR 40.5m representing a reduction of -19.4% versus Q1 2022. · The adjusted EBITDA was EUR 13.0m, versus EUR 11.9m in Q1 2022 (+9,2%) · The EBITDA performance was driven by sustainable growth of the customized products in fast growing end markets in combination with cost reduction effects · Cash Flow from Operations reached EUR 2.8m compared with EUR -0.9m Q1 Last Year · The cash balance ended at EUR 18.6m, down from EUR 18.9m year end 2022 · The March 31 leverage ratio stood at 1.01 Fiven's strategy of developing customized products to