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Xplora est en direct en tant que fournisseur de services mobiles en France

Xplora est en direct en tant que fournisseur de services mobiles en France

Oslo9 November 2022 - Xplora Technologies AS ("Xplora", "the Company") is
pleased to announce that it today is live as Mobile Service Provider in France,
allowing bundling of Xplora´s leading smartwatches for kids with Xplora Connect
SIM. The offering will be further extended to premium services.
 
As part of Xplora´s announced strategy to replicate its successful Nordic
service provider model to key markets, Xplora has previously announced the
Mobile Service Provider agreement with Transatel SA (subsidiary of NTT Ltd) in
France. Following a period of testing and calibration the Company is today live
as Mobile Service Provider in France.
 
France is of strategic interest for Xplora, representing a large market
potential with 5.4m children aged 4-10 years according to UN population data.
France represents an untapped market for children's smartwatches, where Xplora
can make an impact with a proven go-to-market strategy. Xplora has recently
established presence in France and with no channel legacy the Company will
explore and develop a focused online sales strategy to maximize the connectivity
ratio on smartwatch sales to drive profitability and agile market operations.
 
Xplora´s bundled connectivity service is offered online through Amazon and will
be introduced in Xplora's web shop. The connectivity offerings are tailored to
the Company´s smartwatches:
 
·   	Flexible monthly subscription plan
·   	12-month subscription plan
·   	24-month subscription plan
·   	12-month up-front payment subscription plan
 
The Xplora Connect offering will be further extended to premium subscription
plans including access to Xplora´s upcoming Goplay platform services.
 
Xplora has an announced strategy to extend connectivity services to key markets
outside the Nordic region in 2022, moving from device-centric to solution- and
service oriented and thereby driving new, profitable revenue streams. Xplora has
secured a growing base of 144k subscribers in the Nordic market, representing a
penetration rate of 6.7% in the target market of kids aged 4-10. In Norway, the
market where Xplora has the longest track record, Xplora has secured a
penetration of 18.9%. Nearly all Xplora smartwatches sold are bundled with
Xplora Connect SIM cards in the Nordics, allowing the customer to have a
smoother onboarding and driving improved customer satisfaction.
 
For further information please contact:
Sten Kirkbak, CEO +47 9220 3710, sten.kirkbak@xplora.com
Mikael Clement, CFO +47 9900 8000, mikael.clement@xplora.com
 
About Xplora: 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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