Stockholm, Sweden, 12 May 2026 On 24 April 2026, the Annual General Meeting of Hexagon AB (“Hexagon”) resolved to distribute all shares in its wholly-owned subsidiary Octave Intelligence plc (“Octave”) to Hexagon’s shareholders. Octave’s Swedish depository receipts (“SDRs”) will be listed on Nasdaq Stockholm and Octave’s class B ordinary shares will be listed on the Nasdaq Stock Market in New York (“Nasdaq New York”). Octave has prepared a prospectus regarding the admission to trading on Nasdaq Stockholm of the company’s SDRs that will each represent one (1) underlying class B

HUNTSVILLE, Ala. (MAY 5, 2026) — Octave, the planned software spinoff from Hexagon AB, today announced the acquisition of VXG Inc., a provider of enterprise‑grade, cloud‑native video management software. Octave’s portfolio simplifies complexity across the asset lifecycle. The acquisition will enable Octave to build upon the AI‑enhanced cloud capabilities in its physical security portfolio and further strengthen its software offerings for protecting people, places and assets. VXG’s cloud‑native platform allows corporate campuses, finance, retail, education, health care and public

· Hexagon is the global leader in precision measurement, positioning and autonomous solutions with a serviceable addressable market of ~€38bn by 2030. · Hexagon’s €3.7bn in revenue and ~17,000 employees are across three Business Areas – Manufacturing Intelligence, Infrastructure & Geospatial and Autonomous Solutions plus a Robotics Division currently in an investment phase. · Recent portfolio actions, including the upcoming separation of Octave, the sale of the Design & Engineering business and the announced acquisition of Waygate Technologies, have focused Hexagon on its strong