InCoax receives add-on order of SEK 5M from the US based Fiber/LAN operator

InCoax has received an add-on order from the US based Fiber/LAN operator to add to the 4.2M USD order value already placed for delivery in 2023. The order amounts to SEK 5 million and will be delivered and invoiced during the second to fourth quarter of 2023.

The operator supplements previous orders for 2023 to cover product needs regarding the updated expansion plan that the operator will implement with InCoax solution.

Learn more about InCoax and its MultiGigabit solutions here.

This information is such information as InCoax Networks AB (publ.) is obliged to make public pursuant to
the EU Market Abuse Regulation. The information was submitted for publication, through the agency of
the contact persons set out below, at 08.55 CEST on June 26, 2023.

For additional information, please contact:
Jörgen Ekengren, CEO, InCoax Networks AB
jorgen.ekengren@incoax.com
+46 73 899 55 52

About InCoax Networks AB

InCoax Networks AB (publ) is reusing existing property coaxial networks for broadband access in
Fiber-To-The-Home (FTTH) deployments for Communication Service Providers (CSP) globally.
The technology is a high performance, future proof, reliable and cost-effective complement to fiber,
that reduces installation time and improves take-up rate, to boost digital inclusion and Internet access
for all.

To keep updated on corporate information, visit incoax.com. Vator Securities AB, tel. +46 8-5800 6599, ca@vatorsec.se, is acting as the company’s Certified Adviser.