Qliro

Legal Proceedings Report • Dec 20, 2022

Qliro receives input VAT deduction and recovers previous VAT payments

Qliro has been informed on 20 December 2022 that the company's VAT payments for the financial years 2020 and 2021 have been reassessed and approved by the Swedish Tax Agency. The reassessment means that Qliro will receive SEK 13.2 million for previously made VAT payments for the period 2020-2021, of which SEK 2.9 million was recognized in the company's interim report for the first quarter 2022. The effect from the reassessment will have a positive impact on the company's operating profit for the full-year 2022.

Of the input VAT repaid to Qliro for 2020 and 2021, SEK 2.9 million has been recognized as an item affecting comparability in the company's interim report for the first quarter 2022. The additional SEK 10.3 million will be reported in Qliro's year-end report 2022.

The reassessment will have a positive contribution to Qliro's previously stated ambition to be profitable at EBT level for the full-year 2023.

For further information, please contact:

Adam Makkonen, Investor Relations, ir@qliro.com

This information is information that Qliro AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-12-20 18:47 CET.

About Qliro AB

Qliro, founded in 2014, is a fast-growing tech company offering safe and simple digital payment solutions, including a complete check-out to large, small, and medium-sized e-retailers and their customers in over 30 countries. Qliro also offer digital financial services to consumers in the Nordics. In the last year, 2.5 million customers have used Qliros services and business volumes with Qliros payment products exceeded SEK 6.8 billion. The largest owners are Rite Ventures with 24% ownership and Mandatum Private Equity (Sampo owned company) with 9% ownership.

Qliro is listed on Nasdaq Stockholm since October 2020 with the ticker "Qliro". Qliro has its registered address in Stockholm and is a credit market company under supervision of the Swedish Financial Supervisory Authority (FI). For more information see https://www.qliro.com/en/investor-relations

Attachments

Qliro receives input VAT deduction and recovers previous VAT payments