Xer Tech

Monarch has resolved to carry out a distribution in kind of its entire holding in Xer Tech Holding, whereby 14,378,000 shares (corresponding to approximately 24.5 per cent of the shares and votes in the Company) will be distributed according to Monarch's instructions. Following the distribution in kind, Monarch will not hold any shares in the Company.

Monarch has three shareholders with the two largest shareholders being Cresta Group Ltd. ("Cresta") and Riton Holding Ltd. ("Riton"). Through the distribution in kind, Cresta will receive 6,560,351 shares (corresponding to approximately 11.2 per cent of the shares and votes in the Company) and Riton will receive 3,673,687 shares (corresponding to approximately 6.3 per cent of the shares and votes in the Company). Neither Cresta nor Riton hold any shares in the Company today. All new shareholders in Xer will assume the lock-up undertaking entered into by Monarch in connection with the reversed takeover. For further information regarding the reversed takeover and the lock-up undertaking, please see the press release that was published on 11 November 2025.

The distribution in kind is subject to approval by the Swedish Agency for Strategic Products under the Foreign Direct Investment Act. When the distribution in kind has been completed, the Company will announce the changes in ownership in accordance with Spotlight's rules for companies listed on Spotlight.