Completion of issue of Class C shares

At a meeting of the Board of Directors of XANO Industri AB (publ) (“XANO”) held on 4 November 2026, the Board of Directors resolved to carry out a directed share issue of 243,100 Class C shares and, as soon as practicable following registration of the share issue with the Swedish Companies Registration Office, to repurchase all such Class C shares. The resolutions were adopted pursuant to authorisations granted by the Annual General Meeting held on 7 May 2026. The purpose of the share issue and the repurchase is to secure the future delivery of Class B shares to participants in the long-term share-based incentive programme adopted by the Annual General Meeting on 7 May 2026 (“LTIP 2026”), as well as to hedge the company’s cash flow exposure relating to the payment of social security contributions arising from LTIP 2026. Information regarding the resolutions was disclosed on 4 November 2026. 

Svenska Handelsbanken AB (publ) (“Svenska Handelsbanken”), to which the share issue was directed, has today subscribed for all 243,100 Class C shares in the share issue and paid for the shares. Furthermore, the Board of Directors of XANO has resolved to allot the shares to Svenska Handelsbanken in accordance with its subscription. 

The subscription price was SEK 0.625 per share, corresponding to the quota value of the shares. As a result of the share issue, the company’s share capital will increase by SEK 151,937.50. As soon as practicable following registration of the share issue with the Swedish Companies Registration Office, but no later than 31 December 2026, XANO will complete the repurchase of the Class C shares from Svenska Handelsbanken. The repurchase will be carried out at the same price, i.e. SEK 0.625 per share. 

Each Class C share carries one vote. The Class C shares do not carry any right to dividends. The Class C shares are subject to conversion and redemption provisions in accordance with the Articles of Association. Pursuant to the conversion provision, Class C shares held by the company may be converted into Class B shares. 

XANO currently holds 329,690 of its own Class B shares. Following completion of the repurchase of the Class C shares described above, XANO will hold 329,690 of its own Class B shares and 243,100 of its own Class C shares.