Tobii

Capital/Financing Update • Feb 10, 2020

NOT FOR DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SOUTH AFRICA OR NEW ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

Press release

Stockholm, February 10, 2020

Tobii has completed the issuance of 150 MSEK in subsequent bonds

Tobii AB (publ) ("Tobii" or the "Company", together with its subsidiaries the "Group") has successfully raised 150 MSEK through the issuance of subsequent bonds (the "Subsequent Bonds" or the "Issue") under its existing 2019/2022 bond loan with a framework of 600 MSEK (ISIN SE0012230076) (the "Bond Loan"). Following the Issue, the total amount outstanding under the Bond Loan is 450 MSEK. The net proceeds from the Subsequent Bonds will be used for financing of future acquisitions and general corporate purposes.

The Issue was well received by Nordic institutional and private investors and was heavily oversubscribed. The Subsequent Bonds priced at 103.75 which corresponds to a cost of funding of Stibor 3 months + 384 bps to maturity. The Subsequent Bonds issued pursuant to the Bond Loan will be secured through pledges over shares in current and future material subsidiaries and certain intercompany loans.

"We are very pleased to successfully have placed the Subsequent Bonds at attractive terms. Tobii conducts an active acquisition agenda and the Issue provides us with a flexible financing solution for potential future acquisitions," said Henrik Eskilsson, CEO of Tobii.

In conjunction with the issue of the Bonds, Carnegie Investment Bank acted as financial adviser and sole bookrunner.

This information is information that Tobii AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 17.00 p.m. CET on 10 February 2020.

Contact

Johan Wilsby, CFO, Tobii AB, phone: +46 76 859 68 82, email: johan.wilsby@tobii.com

Ola Elmeland, Investor Relations, Tobii AB, phone: +46 734 40 98 62, email: investor.relations@tobii.com

About Tobii

Tobii is the global leader in eye tracking. Our vision is a world where all technology works in harmony with natural human behavior. Tobii operates through three business units: Tobii Dynavox makes specially designed computers that are controlled by eye movement or touch screens for use by people with special needs due to spinal cord injuries, CP, ALS or other medical conditions. Tobii Pro develops and sells eye-tracking equipment and services used today by more than 3,500

Tobii AB (publ) Box 743 S-182 17 Danderyd Sweden

phone: +46 8 663 69 90 fax: +46 8 30 14 00 www.tobii.com

companies and 2,500 research institutions, including all of the world's 50 highest ranked universities. Tobii Tech further develops Tobii's technology for new volume markets, such as computer games, personal computers, virtual reality, augmented reality and smartphones. Tobii is headquartered in Sweden and is listed on Nasdaq Stockholm (TOBII). The group has about 1000 employees. For more information: www.tobii.com.

IMPORTANT INFORMATION

NOT FOR DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SOUTH AFRICA OR NEW ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

This announcement is not and does not form a part of any offer for sale of securities. Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Hong Kong, Japan, Canada, Switzerland, South Africa or New Zealand or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures.

This announcement is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States or any other jurisdiction. Any securities that may be issued in connection with the transactions referred to in this announcement will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly will not be offered or sold in the United States.

This announcement is not a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council.

Tobii AB (publ) Box 743 S-182 17 Danderyd Sweden

phone: +46 8 663 69 90 fax: +46 8 30 14 00 www.tobii.com