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NAXS

Report Publication Announcement May 15, 2023

3178_rns_2023-05-15_ad6975c2-a584-4a01-a2aa-caa8dff7688a.pdf

Report Publication Announcement

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Stockholm, May 15, 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 makes a USD 1m co-investment in Panera Brands alongside JAB

NAXS has made a USD 1,000,000 co-investment in Panera Brands alongside JAB Holding and other investors.

Panera Brands is a pioneer of the fast casual dining the United States and include the Panera Bread, Caribou Coffee and Einstein Bros. Bagels brands.

NAXS is an existing investor in three JAB Consumer Partners funds and has previously made two other co-investments alongside JAB Holding.

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

The information was submitted for publication, through the agency of the contact person set out above, at 11.00 CET on May 15, 2023.

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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