DistIT AB

Share Issue/Capital Change • Jul 5, 2025

Press Release 05 July 2025 18:30:00 CEST

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Correction: Incorrect date for the last day of trading in paid subscribed shares in previous press release. DistIT announces final outcome in the rights issue

DistIT AB issues a correction to the press release published on July 4, 2025 at 13: 30 CEST. The correction refers to that the date for the last day of trading in paid subscribed shares was incorrectly stated to be expected around July 9, 2025. The correct date is July 16, 2025. The corrected press release is included below.

On May 13, 2025, DistIT AB (publ) ("DistIT" or "Company") announced that the Board of Directors had resolved to carry out an issue of shares corresponding to a maximum of approximately SEK 168 million with preferential rights for the Company's existing shareholders ("Rights Issue"). The Rights Issue was secured to 81.4 percent of the total issue proceeds, corresponding to approximately SEK 137 million, through undertakings from the Company's bondholders ("Bondholders") to carry out a debt conversion. The Board of Directors' resolution on the Rights Issue was approved by an extraordinary general meeting held on June 12, 2025. DistIT hereby announces the final outcome of the Rights Issue. A total of 283,812,679 shares, corresponding to approximately 84.22 percent of the Rights Issue, were subscribed for with and without subscription rights. The Rights Issue will provide the Company with proceeds of approximately SEK 4.8 million before deduction of issue costs and, in addition, set-off of debt to the Bondholders of approximately SEK 137 million will take place.

Final outcome

A maximum of 336,971,184 shares were offered in the Rights Issue at a subscription price of SEK 0.50 per share. A total of 9,279,464 new shares, corresponding to approximately 3 percent of the Rights Issue, were subscribed for with subscription rights. Additionally, 220,715 shares were subscribed for without subscription rights, corresponding to approximately 0.06 percent of the Rights Issue. Furthermore, 274,312,500 shares, corresponding to approximately 81.4 percent of the Rights Issue, were subscribed for by the Bondholders.

The Bondholders' allocation of the subscribed shares is made through set-off against up to 50 percent of the nominal amount per bond, based on the final redemption price of 105 percent of the nominal amount. The Rights Issue will provide the Company with proceeds of approximately SEK 4.8 million before deduction of issue costs and, in addition, set-off of debt to the Bondholders of approximately SEK 137 million will take place.

Notice of allotment

The allotment of a total of 274,533,215 shares subscribed for without subscription rights has been carried out in accordance with the allotment principles set out in the information document that has been prepared by the Company in connection with Rights Issue, which was published on June 13, 2025. As confirmation of allotment of shares subscribed for without subscription rights, a contract note will be sent. Subscribed and allotted shares must be paid in cash in accordance with the instructions in the contract note. Nominee-registered shareholders will receive notice of allotment and payment in accordance with the procedures of the nominee.

Trading in paid subscribed

Trading in the paid subscribed shares (Sw. BTA) takes place on Nasdaq First North Premier Growth Market until the Rights Issue has been registered with the Swedish Companies Registration Office. The last day of trading in paid subscribed shares is expected to be around July 16, 2025.

Number of shares and share capital

Following the Rights Issue, and after registration of the resolved reduction of the share capital, DistIT's share capital will increase by 56,762,535.8 SEK, from SEK 5,616,186.40 to SEK 62,378,722.2 and the number of shares in DistIT will increase by 283,812,679 new shares, from 28,080,932 shares to 311, 893,611 shares, corresponding to a dilution effect of approximately 91 percent of the total number of shares and votes in the Company.

Advisors

ABG Sundal Collier is acting as financial advisor and Advokatfirma DLA Piper Sweden KB is acting as legal advisor in connection with the Rights Issue.

Contacts:

Per Kaufmann, CEO DistIT AB Phone: +46 73 029 78 79 Email: per.kaufmann@aurdel.com

Tomas Fällman, CFO DistIT AB Mobil: +46 70 224 71 07 Email: tomas.fallman@distit.se

About DistIT AB

DistIT owns and develops niche distributors of IT, mobility, consumer electronics, networking and data communications products in the Nordics. Companies within the DistIT Group deliver B2B as well as B2C products to the IT markets in Europe. The DistIT stock is listed on the Nasdaq First North Premier Growth Market exchange and DistIT's Certified Adviser is DNB Carnegie Investment Bank AB.

Attachments

Correction: Incorrect date for the last day of trading in paid subscribed shares in previous press release. DistIT announces final outcome in the rights issue