BAYLIN TECHNOLOGIES SIGNS AGREEMENT FOR A TRANSFORMATIONAL ACQUISITION OF SWEDEN'S KAELUS AB, CREATING A GLOBAL WIRELESS TECHNOLOGY LEADER

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TORONTO, Dec. 1, 2025 /CNW/ - Baylin Technologies Inc. ("Baylin" or the "Company") (TSX: BYL) (OTCQB: BYLTF) is pleased to announce that it has entered into a definitive agreement (the "Share Purchase Agreement") to acquire 100% of the shares of Kaelus AB ("Kaelus"), a Sweden-based global provider of next-generation antenna solutions, RF (radio frequency) conditioning, synchronization, and test & measurement equipment (the "Acquisition"), for a purchase price of approximately SEK (Swedish krona) 285 million or approximately $42 million (subject to adjustment and net of excess cash). The purchase price will be satisfied in a combination of cash and common shares of Baylin ("Common Shares"). See "Acquisition Terms – Purchase Price". All dollar amounts in this release are in Canadian dollars.