Cint Group

AGM Information • Dec 17, 2021

Press release 17 December 2021

Resolutions from the extraordinary general meeting in Cint Group AB (publ)

At the extraordinary general meeting in Cint Group AB (publ) (the "Company") held on 17 December 2021 it was resolved, inter alia, and related to the acquisition of Lucid Holdings LLC, to approve the board of directors' decision on a directed share issue against payment in cash, to authorise the board of directors to resolve on a new issue of shares against payment by way of set-off, as well as to establish a warrant program and a share option plan.

Directed share issue against payment in cash

The general meeting resolved, in accordance with the board of directors' proposal, to approve the board of directors' decision on a directed share issue of 26,385,683 shares on 27 October 2021, subject to the fulfilment of all conditions under the merger agreement for the completion of the acquisition of Lucid Holdings LLC ("Lucid"). The subscription price for the new shares amounted to SEK 111.50 per share and was determined through a socalled accelerated bookbuilding procedure.

Authorisation to the board of directors to resolve on a new issue of shares against payment by way of set-off

The general meeting resolved, in accordance with the board of directors' proposal, to authorise the board of directors to resolve on a new issue of up to 36,292,902 shares against payment by way of set-off of a claim under the merger agreement for the acquisition of Lucid, provided that all conditions set out in the merger agreement for the completion of the acquisition of Lucid are fulfilled. In aggregate, USD 457,799,950 shall be paid for the shares.

Warrant program

The general meeting resolved, in accordance with the board of directors' proposal, to establish a warrant program and to issue up to 4,259,532 warrants of series 2022/2024 to the participants in the program, subject to the completion of the acquisition of Lucid. The right to participate in the program shall rest with certain senior executives and key employees of the group.

Share option plan

The general meeting resolved, in accordance with the board of directors' proposal, to establish a share option plan and to issue up to 4,259,532 warrants of series 2022/2025, subject to the completion of the acquisition of Lucid. The right to participate in the program shall rest with certain senior executives and key employees of the group.

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In order to prevent the spread of Covid-19, the extraordinary general meeting was held by a postal voting procedure and thus without the physical presence of shareholders, proxies or external parties.

For further information please contact: Patrik Linzenbold, Head of IR Tel: +46 708 252 630 Email: patrik.linzenbold@cint.com