Qliro

The Board has today, subject to the approval of the Extraordinary General Meeting, decided on a directed issue of a maximum of 550 000 shares, entailing an increase in the share capital by a maximum of SEK 1 540 000, and a maximum of 748 874 warrants, entailing an increase in the share capital by a maximum of SEK 2 096 874.20. The subscription price for the shares shall be the volume-weighted share price for the company's shares on Nasdaq Stockholm on 2 June 2022. The subscription price for the warrants shall be calculated using Black & Scholes formula on basis of the volume-weighted share price for the company's shares on Nasdaq Stockholm on 2 June 2022. The warrants have a term of four years and can be exercised for subscription of new shares at a subscription price of SEK 35 during the last year of the term. The issue means that the company will receive a total of SEK 10,3 million.

The Board's resolutions shall be approved by the Extraordinary General Meeting by a resolution supported by shareholders with at least nine tenths of the votes and the shares represented at the Extraordinary General Meeting. The approval of the Extraordinary General Meeting presupposes that subscription has taken place before the Extraordinary General Meeting. The new issue is, in addition, conditional upon that the Swedish Financial Regulatory Authority approves Christoffer Rutgersson's management assessment. Christoffer Rutgersson has today subscribed for all shares and warrants that can be issued in accordance with the decision. This means that Christoffer Rutgersson has already entered into a binding commitment to acquire the shares and warrants. Payment must be made within one week of the Extraordinary General Meeting's approval of the issue resolution.

The purpose of the directed new share issue is to create an ownership interest for Qliro's new CEO and thus create a common interest between the company's shareholders and Christoffer Rutgersson, which the Board deems to be beneficial to the company in the long term.

The new issue of shares implies a dilution of the number of shares and votes of 2.97 percent and does not entail any significant costs for the company. The new issue of warrants corresponds to a dilution of the number of shares and votes of 4.00 percent assuming that all warrants are exercised for subscription of new shares and does not entail any significant costs for the company.

Qliro's board of directors intends to convene an Extraordinary General Meeting during the coming days.