HansaMatrix — M&A Activity 2022

Apr 6, 2022

Update on reorganization process started by HansaMatrix

As previously announced, following an evaluation of strategic development options, HansaMatrix (the Company) has started a reorganization process to capture shareholder value and achieve strategic business development goals, whereby Lightspace holding shares owned by the Company were planned to be separated from HansaMatrix, establishing a new acquiring company.

Based on strategic considerations, the reorganization process of HansaMatrix has been put on hold for unspecified period of time. In case the reorganization process will be restarted, the Company will disclose further information about it in accordance with the requirements of applicable law.

Investor and media contact:

Māris Macijevskis, CFA

Member of Management Board, Finance director

Phone: (+371) 6780 0002

E-mail: invest@hansamatrix.com

http://www.hansamatrix.com

About AS HansaMatrix

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial and other high added value business sectors.