Board of Directors and management team exercise all held warrants of series TO10B

Members of the Board of Directors, management team and the incoming Chairman of the Board of iZafe Group AB ("iZafe" or the "Company") exercise all held warrants of series TO10B. The number of warrants of series TO10B that the Board of Directors, the management team and the incoming Chairman of the Board exercise amounts to 799,698 warrants. Corresponding to 2.26 percent of outstanding warrants of series TO10B, corresponding to a subscription of 799,698 new shares to a value of approximately SEK 208,000.

iZafe has received subscriptions from the Board of Directors, management team and the incoming Chairman of the Board as follows.

NameRoleNumber of TO10BShare of total number of TO10B
Anders SegerströmCEO343,3640.97 precent
Henrik WindahlBusiness unit manager106,6670.30 precent
Björn RosengrenIncoming Chairman of the Board290,0000.82 precent
Göran HermanssonBoard member34,6670.10 precent
Richard WolffBoard member25,0000.07 precent
Total
799,6982.26 percent

Summarized terms for the warrants of series TO10B:

Exercise period: September 27, 2022 – October 11, 2022.

Exercise price: SEK 0.26 per share of series B.

Issue size: 35,435,674 warrants, which entitles to subscription of 35,435,674 shares of series B. If all the warrants are exercised, The Company will receive approximately SEK 9.2 million before issuing costs.

Last day for trading warrants of series TO10B: October 7, 2022.

Advisors
Mangold Fondkommission AB is the financial advisor and Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the exercise of the warrants of series TO10B.

Datum 2022-10-03, kl 14:00
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