Qliro

Share Issue/Capital Change • Mar 16, 2022

The Board decides on a directed new share issue to the proposed Chairman of the Board Patrik Enblad, subject to the approval of the Annual General Meeting

The Board of Directors of Qliro AB ("Qliro") has today decided on a directed new share issue to Patrik Enblad, subject to the approval of the Annual General Meeting. Patrik Enblad was today proposed as the new Chairman of the Board of Qliro by the Nomination Committee. Patrik Enblad has today subscribed for all shares that can be issued in accordance with the decision. The issue presupposes that Patrik Enblad is elected Chairman of Qliro's Board of Directors at the Annual General Meeting and is conditional on an approval of a management assessment by the Swedish Financial Supervisory Authority.

The Board has today, subject to the approval of the Annual General Meeting, decided on a directed new share issue of a maximum of 550,000 shares, entailing an increase in the share capital by a maximum of SEK 1,540,000. The subscription price shall be SEK 17.59, corresponding to the volume-weighted share price for the company's shares on Nasdaq Stockholm during the ten trading days immediately preceding the issue decision. The issue means that the company will receive a total of SEK 9.7 million.

The Board's resolutions shall be approved by the Annual General Meeting by a resolution supported by shareholders with at least nine tenths of the votes and the shares represented at the Annual General Meeting. The approval of the Annual General Meeting further presupposes that: (i) the Annual General Meeting resolves to appoint Patrik Enblad as Chairman of the Board; and (ii) that a share subscription has taken place before the Annual General Meeting. The new issue is, in addition, conditional upon that the Swedish Financial Regulatory Authority approves the management assessment in relation to Patrik Enblad. Patrik Enblad has today subscribed for all 550,000 shares that can be issued in accordance with the decision. This means that Patrik Enblad has already entered into a binding commitment to acquire the shares. Payment must be made within one week of the Annual 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 Chairman of the Board and thus create a common interest between the company's shareholders and Patrik Enblad, which the Board deems to be beneficial to the company in the long term.

The directed share issue corresponds to a dilution of the number of shares and votes of 2.97 percent and does not entail any significant costs for the company.

For further information, please contact:

Andreas Frid, Head of Investor Relations Phone: +46705290800 E-mail: ir@qliro.com

About Qliro AB

Founded in 2014, Qliro is a tech company offering flexible payment solutions for e-commerce merchants in the Nordics and digital financial services to consumers in Sweden. Since inception 2014, Qliro has grown quickly and in the last year 2.5 million customers have used Qliros services and business volumes with Qliros payment products exceeded SEK 7.1 billion. The largest owners are Rite Ventures with 26% ownership and Mandatum Private Equity (Sampo owned company) with 10 % 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

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 2022-03-16 18:35 CET.

Attachments

The Board decides on a directed new share issue to the proposed Chairman of the Board Patrik Enblad, subject to the approval of the Annual General Meeting