DORO

Share Issue/Capital Change • Nov 17, 2021

Warrant program completed

At the Annual General Meeting on April 27, 2018, a warrant program for senior executives and employees of Doro was approved. The warrant program offered Doro's employees the opportunity to purchase stock options that give the holder the right to subscribe for new shares in Doro at a subscription price of SEK 63.80 per share.

Today, a total of 327,932 shares have been subscribed within the framework of the warrant program. To finance the subscription of new shares, some employees have sold a portion of their warrant holdings to Accendo Capital, which in turn has converted its purchased warrants to new shares at the SEK 63.80 exercise price.

New share subscriptions will contribute SEK 20,922,061.6 in cash proceeds to Doro, corresponding to 327,932 new shares with a 1.4 percent dilution.

For more information, please contact:

Carl-Johan Zetterberg Boudrie, President & CEO, +46 (0) 70 335 84 49, ir@doro.com

About Doro

Doro is a technology company focused on seniors. We develop services and products for seniors to live independent, fulfilling lives. Our wide portfolio of security and care solutions digitally connect generations and provide solutions for independent living, both inside and outside the home. Doro is the market leader in social alarms in Sweden, Norway and the United Kingdom and the global market leader in mobile phones for seniors. Doro is a Swedish company with headquarters in Malmö and a sales operation in 27 countries. Doro's shares are quoted on the Nasdaq Stockholm. The company has approximately 1 080 employees and net sales of SEK 1,689 million (EUR 168.0 million) were reported for 2020. Read more about Doro on our website www. doro.com/corporate

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Warrant program completed