NAXS

Not for release, publication or distribution, directly or indirectly, in or into the United States, Hong Kong, Canada, Japan or Australia, or any other jurisdiction in which the distribution or release would be unlawful.

In accordance with the resolution by the annual general meeting in NAXS AB (publ) ("NAXS") on 30 March 2023, the number of shares and voting rights in NAXS have during April 2023 been reduced by way of cancellation of 75,000 repurchased shares.

Prior to the cancellation of own shares there were a total of 11,152,585 shares and voting rights in NAXS. The number of shares and voting rights decreased with 75,000 through the cancellation. As of 28 April 2023, following completion of the cancellation, the total number of shares and voting rights in NAXS is 11,077,585.

Contact information:

Gösta Lundgren, Interim CEO

Telephone: +46 70 7104788

This is the type of information that NAXS AB (publ) is required to disclose pursuant to the Financial Instruments Trading Act. The information was submitted for publication on April 28, 2023 at 08:00 a.m. (CET).

This press release and further information is available on the Company's website: www.naxs.se

NAXS AB (publ)

Corp. Reg. No. 556712-2972

Nybrogatan 8

114 34 Stockholm, Sweden

Tel: +46 766 40 00 40, E-mail: info@naxs.se