Katalysen Ventures

Today, the Board of Directors of Katalysen took the decision to enter into an agreement with Dividend Sweden regarding a collaboration aimed at broadening and strengthening Katalysen's shareholder base.

As part of the upcoming ownership broadening, Katalysen expects three clear outcomes:

• Improved liquidity in the KAV share. The number of shareholders is expected to increase from roughly 300 to more than 4,000, which is anticipated to significantly improve daily trading and liquidity.
• Increased awareness and communication reach. With more than ten times as many shareholders, Katalysen will be able to communicate with a broader and more engaged investor community, increasing visibility and understanding of both the company and its portfolio.
• Strong timing following successful strategic adaptation. Katalysen has recently completed a focused effort to adapt its operations to new market conditions. With this work concluded, the company is well prepared for future expansion and value creation.

A central strategic rationale for conducting the ownership broadening in this manner is the long-term value it creates for Katalysen's portfolio companies. As portfolio ventures eventually prepare for a potential IPOs, Katalysen will be able to offer them access to a strong and relevant shareholder base. This creates an attractive path for early, high-quality ownership dispersion, which is a meaningful advantage for companies planning to enter the public markets.

"This initiative strengthens Katalysen on multiple levels. It improves liquidity in our share, expands our reach, and further solidifies our role as an outstanding partner for companies preparing for a future listings. We see this as an important milestone that supports our strategic development and enables us to continue building a more scalable and resilient Katalysen," says Anders Dahlgren, CEO.

To facilitate the ownership broadening, and conditional upon a future resolution by the Board of Directors of Katalysen, the company will issue new shares to Dividend Sweden through a directed set-off share issue ("riktad kvittningsemission") based on the authorization granted by the Extraordinary General Meeting on 13 November 2025. The conversion price is set at 9 SEK per share, and the dilution for existing shareholders will amount to a maximum of 2.9%.

The transaction is conditional upon Dividend Sweden AB's Extraordinary General Meeting resolving to distribute the received shares to its shareholders and final approval from the Board of Directors of Katalysen.