• Founded in 2007, Ascendia is a Romanian company specialized in developing end-to-end, 100% in-house e-learning solutions.

• In the 10 years since its listing on the AeRO market, the company's market capitalization has increased by over 11 times, reaching RON 146 million today.

• With cumulative transactions of RON 8.32 million since the beginning of the year, Ascendia recorded the second-highest liquidity among the IT companies included in the BET AERO index.

• The Ascendia team's expertise has expanded beyond national borders through their active contribution to the European Commission's expert group, helping define European standards for digital educational content. This European recognition complements Ascendia's local mission where, through an ongoing strategic partnership with the Ministry of Education, it accelerates the digitalization of the teaching and learning process in Romania.

Ascendia S.A. (ticker symbol: ASC), a Romanian company specialized in developing end-to-end e-learning solutions, marked 10 years since its listing on the Bucharest Stock Exchange's (BVB) AeRO market on July 7, 2026. The Ascendia team celebrated this milestone with an anniversary event held at the BVB headquarters.

A decade ago, on July 7, 2016, Ascendia listed on the AeRO market, becoming the first company in the EdTech (educational technology) sector to go public on the capital market. In the 10 years since its listing, investors have executed over 25,000 transactions involving more than 6.2 million Ascendia shares, valued at nearly RON 38 million. Ascendia's market capitalization has increased more than 11-fold from its listing to date, reaching a value of over RON 146 million. During the same period, the company distributed cumulative gross dividends totaling RON 9.03 million to its shareholders.

In 2022, Ascendia shares were included in the BET AERO index, which reflects the performance of representative companies on the BVB's AeRO market. The company maintains its presence in the index structure today, with a weight of nearly 3.6%. With cumulative transactions of RON 8.32 million since the beginning of the year, Ascendia recorded the second-highest liquidity among the IT companies included in the BET AERO index. The BET AERO index shows a growth of nearly 21% over the past year.

Founded in 2007 as a software development company focused primarily on educational software, Ascendia has become a leader in advanced, 100% in-house developed e-learning solutions. The Ascendia team is part of the European Commission's expert group for defining the new Digital Educational Content (DEC) guidelines and is constantly involved in large-scale European educational projects.

"AeRO is a growth launchpad, and Ascendia has proven it for a decade. Since listing on the Bucharest Stock Exchange's AeRO market in 2016, this national educational technology champion has multiplied its stock market value more than 11 times and has carried its e-learning excellence all the way to the European Commission's expert group to define European standards for digital educational content. This is the role of the capital market: to provide solid companies with access to financing and visibility before their clients. The stock exchange opens the gate; the path is built by the issuer, day by day. Happy anniversary, Ascendia!" - Remus Vulpescu, CEO, Bucharest Stock Exchange

"Our listing on the Bucharest Stock Exchange in 2016 represented a firm commitment to transparency, corporate rigor, and long-term performance. Today, looking back at this decade, we see a clear validation of our strategy: our market capitalization has climbed to over RON 146 million, delivering a more than 11-fold increase in value for the investors who believed in us from the very beginning. We are deeply grateful to our shareholders and partners for their trust. These solid financial results, paired with a robust operational foundation, confirm our execution capability in the digital education sector and position us as a stable operator of critical educational infrastructure, ready for accelerated expansion at a European level." - Cosmin Mălureanu, CEO & Co-founder, Ascendia

"Throughout these ten years on the capital market, we have undergone a deliberate strategic transition, evolving from developing isolated educational solutions to operating complex and interoperable technological ecosystems. The widespread adoption of our platforms - LIVRESQ, which today supports a community of over 163,600 content creators, and CoffeeLMS, our pillar for the enterprise and government segments - demonstrates the maturity of products developed entirely in Romania. Our future direction is focused on developing critical learning systems and accelerating international market penetration, with a particular focus on European expansion. We aim to deliver globally scalable solutions that meet strict security standards and support continuous adaptability in the labor market. " - Alex Mălureanu, CMO & Co-founder, Ascendia

Furthermore, over time, Ascendia has chosen to leverage capital market mechanisms for financing by listing two bond issues on the BVB's Multilateral Trading Facility (MTF). These include the bonds trading under the ticker symbol ASC27, valued at RON 4.5 million with a maturity date in 2027, and the ASC22 bonds, valued at RON 3 million, which have already reached maturity.

About Ascendia

Ascendia S.A. operates critical digital education infrastructure for European public institutions, European Union programs, and nationally regulated enterprises, functioning with the rigor and governance specific to a listed company. Founded as a company dedicated to educational software, Ascendia has been listed on the Bucharest Stock Exchange (BVB: ASC) since July 7, 2016, making it the first e-learning entity on the Romanian capital market. Ten years post-listing, the company records a market capitalization of over RON 146 million - a more than 11x increase since its IPO and annual revenues exceeding EUR 9 million, confirming a stable business model within the educational GovTech sector.

Its technological ecosystem includes the proprietary platforms LIVRESQ (a digital authoring tool used by a community of over 163,600 creators) and CoffeeLMS (a learning management system designed for the enterprise segment and public institutions), featuring the integration of Artificial Intelligence as a governed public capability (the virtual assistant, LIVRESQ Companion).

As a member of the European Commission's Digital Educational Content (DEC) expert group and an e-learning service provider for the Council of Europe, Ascendia combines data-driven strategies with modern technologies. Its solutions generate a sustainable community impact, with applications across education, cybersecurity, agriculture, energy, housing, transport, space technologies, environment, healthcare, manufacturing, and the military sector.

About Bucharest Stock Exchange

BVB is the only securities market operator in Romania. On the two markets it manages - the Regulated Market and the Multilateral Trading System a wide range of financial instruments are listed, such as stocks, bonds, fund units, ETFs, certificates, structured products, and preferential rights.

In May 2026, the BET index, the main benchmark of the Bucharest Stock Exchange, surpassed the 30,000-point threshold, with the BET index currently showing a nearly 40% growth since the beginning of the year.

In 2020, the Romanian capital market was recognized through its promotion to Emerging Market status by the global index provider FTSE Russell. Currently, 12 Romanian companies are included in FTSE Russell indices dedicated to emerging markets.

In 2025, MSCI recognized the local capital market as an Advanced Frontier Market, marking a milestone on the path toward Romania obtaining Emerging Market status from MSCI. A total of 35 Romanian companies are included in MSCI indices. More information is available at www.bvb.ro. 

For further information:

• Marketing and Comunication Bucharest Stock Exchange, e-mail: comunicare@bvb.ro 

•  Ascendia, Investor Relations, e-mail: andrei.suciu@ascendia.ro