u-blox confirms talks with Advent International on potential cooperation

Thalwil, Switzerland – August 15, 2025 – In response to media reports, u-blox Holding AG (“u-blox”) (SIX: UBXN), a global provider of leading positioning and wireless communication technologies and services, confirms that it is currently negotiating with Advent International, L.P. a possible transaction involving a takeover of u-blox. Whether a transaction will materialize is open at this stage.

Further announcements will be made by u-blox if, when and as required.

About u-blox
u-blox (SIX:UBXN) is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil (Zurich), Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact.

To learn more, visit our website or follow us on social media – X, Facebook, LinkedIn, and Instagram – for an even more precise future.

Disclaimer
This release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group’s products, the potential for the Group’s products to become obsolete, the Group’s ability to defend its intellectual property, the Group’s ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group’s ability to generate revenues and profitability, and the Group’s ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.