Indutrade

AGM Information • Dec 3, 2020

Press Release

Indutrade's Extraordinary General Meeting 3 December 2020

An Extraordinary General Meeting of Indutrade was held on 3 December 2020. As a precautionary measure to reduce the risk of spreading covid-19 and in order to comply with the authorities' regulations/general guidelines regarding the avoidance of gatherings, the Extraordinary General Meeting was held by advance voting, so called postal voting, in accordance with temporary legislation.

In accordance with the Board of Directors' proposal, the EGM resolved to amend the articles of association and on a bonus issue with the issuance of new shares.

The record date for the bonus issue is 18 December 2020. The last day of trading in the Indutrade share including the right to receive shares in the bonus issue is 16 December 2020. As of 17 December 2020, the Indutrade share will be traded without the right to participate in the bonus issue.

More information about the EGM is available at the company and on the website indutrade.com, under About Indutrade/Corporate Governance/Annual General Meeting.

Stockholm, 3 December 2020

INDUTRADE AKTIEBOLAG (publ)

For further information, please visit www.indutrade.com or contact: Frida Adrian, VP Communications, Sustainability and IR Phone +46 8 703 03 00, +46 70 930 93 24 ir@indutrade.com

About Indutrade

Indutrade is an international technology and industrial business group that today consists of more than 200 companies in some 30 countries, mainly in Europe. In a decentralised way, we aim to provide sustainable profitable growth by developing and acquiring successful companies managed by passionate entrepreneurs. Our companies develop, manufacture, and sell components, systems and services with significant technical content in selected niches. Our value-based culture, where people make the difference, has been the foundation of our success since the start in 1978. Indutrade's net sales totalled SEK 18.4 billion in 2019, and the share is listed on Nasdaq Stockholm in Sweden.

Indutrade AB (publ) Visitors' address: Raseborgsgatan 9 Box 6044, SE-164 06 Kista, Sweden indutrade.com info@indutrade.com Registration No 556017-9367