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CODE 28.03.2025 kl 13:42 92

Nøkkel punkter fra 2H 2024 rapporten:

- Significant cost reduction initiatives were implemented during 2nd half of 2024 to increase runway, including shutting down the commercial efforts during fourth quarter, reducing staff to a minimum and file for bankruptcy in the Danish subsidiary (all intellectual property remains in Uniscale AS – the Norwegian company)

- The CodeLab board has concluded that the value creation for the Uniscale product could be better achieved with another owner. As such, strategic processes continue to run to find a long term solution for Uniscale and potentially CodeLab.

- We still believe the Uniscale IP to be valuable in the right hands. Several parties have confirmed that it addresses a common pain point in software development, and we will continue to explore opportunities for Uniscale going forward.