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Regulatory press release

QFR: Final year-end financial statements for 2022 approved by the Board of Directors

Q-Free
26 April 2023, the Board of Directors of Q-Free ASA has reviewed and approved
the final year-end financial statements for 2022. Final figures are not altered
from preliminary figures published on 15 February 2023.

The Annual report for 2022, including the Board of Directors report and the
Consolidated Financial Statements and notes including ESEF format for 2022, will
be published on the Company's website www.q-free.com together with the notice
for the Annual General Meeting 2023.

For further information, please contact:
President & CEO, Thale Kuvås Solberg: +47 936 80 030
CFO, Trond Christensen: +47 481 02 754

About Q-Free: Q-Free ASA (OSE: QFR) is a global innovator in intelligent
transportation systems that improve traffic flow, road safety, and air quality.
With an open, collaborative approach to tolling, traffic and active
transportation management, Q-Free works with customers and partners on every
continent to digitize infrastructure and overcome modern mobility challenges for
the greater good of society. Headquartered in Trondheim, Norway, Q-Free has
annual revenues of approximately NOK 900 million and employs approximately 350
transportation innovators, experts, and enthusiasts. To learn more about how Q
-Free is "changing the movements of life", visit www.q-free.com or Twitter:@Q
-FreeASA
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