FINANCIAL NOTIFICATION

PUBLISHED 09.00 CEST 03-10-2016

FINANCIAL NOTIFICATION

LEUVEN – Belgium – October 3, 2016 – Following the announcement that the Company would update the market by the end of September 2016 regarding the various initiatives to strengthen the group’s financial position in the short-term and long-term, the Company can report that discussions with the current bondholders and potential investors are still ongoing. As soon as any of these negotiations result in tangible outcomes the Company will immediately notify the market about this.

For more information please contact:

Jan Callewaert – Executive Chairman

Jan Luyckx – CFO

Gaston Geenslaan 14

B-3001 Leuven, Belgium

TEL: +32 (0) 16 31 74 11

FAX: +32 (0) 16 31 74 90

E-mail: investor@option.com

ABOUT OPTION

Option connects Things to the Cloud. With more than 20 years of experience and many industry’s firsts in the wireless industry, the Company is ideally positioned to bring the most efficient, reliable and secure wireless solutions to business markets (B2B) and industrial markets (M2M). The Company partners with system integrators, value added resellers, application platform providers, value add distributors and network operators to bring tailor made solutions to end-customers. Option is headquartered in Belgium and maintains offices in Europe, the US, Greater China and Australia. More information: www.option.com