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NAXS

Related Party Transaction May 2, 2023

3178_rns_2023-05-02_6ed2e8a5-06ee-44b3-a284-6c1968e3a0df.pdf

Related Party Transaction

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Stockholm, May 2, 2023

PRESS RELEASE - NAXS AB (publ)

Not for release, publication or distribution, directly or indirectly, in or into the United States, Hong Kong, Canada, Japan or Australia, or any other jurisdiction in which the distribution or release would be unlawful.

NAXS has made an investment in Celero Capital Fund (E) AB

NAXS has made an investment of EUR 1.5 million in Celero Capital Fund (E) AB ("Company").

The investment advisory company, Celero Capital AB, is a Nordic lower midmarket private equity firm that is focused on the services, consumer goods and niche industrials sectors.

Celero Capital AB was founded by Peter Möller, who was previously a senior partner at FSN Capital.

The Company holds one investment, Corteco, combining several providers of renovation and maintenance services for the outer shell of properties.

Contact information: Gösta Lundgren, Interim CEO Telephone: +46 70 710 4788

This press release and further information is available on the Company's website: www.naxs.se

NAXS AB (publ) Corp. Reg. No. 556712-2972 Nybrogatan 8 114 34 Stockholm, Sweden E-mail: [email protected]

NAXS is an investment company listed on NASDAQ Stockholm. NAXS primarily invests in private equity funds with a Nordic focus but may also make direct investments or co-investments alongside private equity or other alternative assets funds. More information is available on www.naxs.se

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