Dustin Group

AGM Information • Oct 10, 2018

Press release Stockholm, 10 October 2018

Bulletin from the Extraordinary General Meeting in Dustin

Dustin Group AB (publ) ("Dustin" or the "Company") today held an Extraordinary General Meeting resolving to approve the Board of Director's resolution of 14 September 2018 to carry out a rights issue of approximately SEK 700 million (the "Rights Issue").

Thomas Ekman, President and CEO, informed about the background and reasons for the Rights Issue, which is to give Dustin greater flexibility and ability to, within the current strategy, enable Dustin's acquisition ambitions in existing markets.

Terms of the Rights Issue

In accordance with the announcement of 5 October 2018, the terms resolved by the Board of Directors imply, in short, that:

• Those who are registered as shareholders in Dustin in the share register maintained by Euroclear Sweden AB on the record day, 17 October 2018, have preferential right to subscribe for new shares in proportion to the number of shares that the holder already owns.
• For each Dustin share held, one (1) subscription right is received. Seven (7) subscription rights entitle to subscription of one (1) new share. In addition, investors are offered the possibility to subscribe for shares without subscription rights.
• The subscription price is SEK 63 per new share.
• Assuming that the Rights Issue is fully subscribed, the share capital will be increased by a maximum of SEK 55,161,786.22 by new issue of a maximum of 11,032,357 new shares. Assuming full subscription, Dustin will receive total issue proceeds amounting to approximately SEK 695 million, before the deduction of transaction costs.

Timetable for the Rights Issue

The below timetable for the Rights Issue is preliminary and may be adjusted.

15 Oct 2018	Last day of trading in the share including right to participate in the Rights Issue
16 Oct 2018	First day of trading in the share excluding right to participate in the Rights Issue
17 Oct 2018	Record date for participation in the Rights Issue, i.e. holders of shares who are registered in the share register on this day will receive subscription rights for participation in the Rights Issue
18 Oct 2018	Estimated date for publication of the prospectus

19 Oct 2018–5 Nov 2018	Trading in subscription rights
19 Oct 2018–7 Nov 2018	Subscription period
19 Oct 2018–9 Nov 2018	Trading in paid subscribed shares (PSS)
Around 9 Nov 2018	Estimated day for publication of outcome of the Rights Issue

For additional information regarding the Rights Issue, please refer to the press release of 14 September 2018, and 5 October 2018, respectively. Complete information regarding the Rights Issue and information about the Company will be included in the prospectus that is expected to be published on or about 18 October 2018.

For further information, please contact:

Eva Ernfors, Head of Information: eva.ernfors@dustin.se, +46 70 258 62 94

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers' wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin's employees support customers in finding the appropriate solution.

Dustin has more than 1,000 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. About 90 per cent of Dustin's income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.