Irisity

Ulf Runmarker with his owning companies Westergyllen AB and Förvaltnings AB Brunnen, which together own 14.3 percent of the shares in Irisity AB (publ), have requested an extra general meeting in Irisity AB (publ) to elect a new board.

After reviewing the board's leadership and governance, Ulf Runmarker believe that changes in board composition and leadership are necessary and urgent to ensure the company's continued success and growth, as well as to retain key competencies.

For the extraordinary general meeting, it is proposed that the current board member Ulf Runmarker be appointed as chairman of the board and that the company's former CEO Marcus Bäcklund be appointed executive board member.

Ulf Runmarker, is today a board member and long-term owner of Irisity and together with his owning companies, the company's largest owner. Marcus Bäcklund, is the former CEO of Irisity and brings experience and leadership to the company's new board and as a support to the CEO.

Following the approval of the extraordinary general meeting, current chairman Lennart Svantesson and board members Anders Långsved and Rom Mendel will be dismissed from their duties, board members Anna Ahlberg, Nils Malmros and Dorian Barak are proposed to be re-elected.

These changes will give the CEO and management the mandate, motivation and confidence required to develop the company further with value creation and continuity, while achieving the company's strategic goals, believes Ulf Runmarker. The owners also intend to expand the board further with strong competence and leadership over time.

"I believe that this proposal represents the best way forward for Irisity and the shareholders," says Ulf Runmarker. "The change of the board will create the conditions for Irisity to continue to develop with strong growth and value creation."

For further information:

Ulf Runmarker, Irisity board member and major shareholder‬‬‬‬‬‬‬

E-mail: ulf@runmarker.se

Keven Marier, Irisity CEO‬‬‬‬‬‬

E-mail: keven.marier@irisity.com

This information is information that Irisity AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CEST on May 9, 2023.

About Irisity

Irisity AB (publ) is a world-leader in AI-powered video analytics solutions for enhanced safety and security. As of October 13, 2021, Agent Vi is part of Irisity. Founded in 2006, Irisity has offices in Sweden (HQ), Israel, North and South America, UAE, Denmark, Japan and Singapore. The combined company is serving a network of integrators, distributors, and technology partners globally.

The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS, Certified Adviser: Erik Penser Bank AB +46 8 463 83 00 certifiedadviser@penser.se