Investors

Information on Compulsory Redemption of Minority Shares

Following the principal shareholder (Xplora technologies AS) having reached an ownership of more than 90 percent of the shares in the Company, the principal shareholder is entitled and obliged, in accordance with the Swedish Companies Act, to initiate a compulsory redemption of the remaining shares. This means that all remaining shares held by minority shareholders will be redeemed for cash consideration. This process was initiatied on December 2, 2025.

The compulsory redemption process is conducted through arbitration, during which the redemption price per share will be determined. Minority shareholders are generally not required to take any action in order to receive payment; once the process is completed, the redemption amount will be paid out to the shareholders. Until then, ownership formally remains with the shareholders, but the shares are no longer admitted to trading on Nasdaq.

Further information regarding the process and timeline will be communicated when available.