Concentric

AGM Information • Dec 9, 2020

Report fromthe Extraordinary General Meeting of ConcentricAB (publ)

Concentric AB (publ) has held an Extraordinary General Meeting on Wednesday, December 9, 2020. In light of the extraordinary situation prevailing as a result of Covid-19, the Meeting was conducted by advance postal vote, without physical attendance.

The Meeting resolved on the proposed dividend for the financial year 2019 of SEK 3.25 per share. The record date for dividend was set to Friday, December 11, 2020. The dividend is expected to be paid out, through Euroclear SwedenAB, on Wednesday, December 16, 2020.

The Meeting resolved to amend item 9 in the Articles of Association by removing information regarding record date as an adaptation to an implemented legislative change. Moreover, the Meeting resolved to insert a new item regarding collection of proxies and postal voting.

For further information, please contact:

Lennart Lindell

Email: lennart.lindell@concentricab.com

Phone: +46 766 104 004

The information was submitted for publication at 16.00 CETon Wednesday, December 9, 2020.

Concentric AB is an innovator in flowcontrol and fluid power, supplying proprietary systems and components to the world's truck, agricultural machinery, construction equipment and industrial applications end-markets. The company has a global manufacturing presence including in the UK, USA, Germany, Sweden, India, China and Argentina. Concentric's focus is to develop world class technology with innovative solutions that meet the sustainability needs of our customers. Concentric offers engine products including lubricant, coolant and fuel pumps, hydraulic products encompassing gear pumps and power packs, and finally several key technologies for the fast growing market for electrical and hybrid powertrains. The Group has a turnover of circa MSEK 2,000 and circa 800 employees.