NOTE — Share Issue/Capital Change 2020

Apr 30, 2020

NOTE reduces the number of shares by about 3%

After the cancellation of 1 million repurchased shares, the total number of shares and votes in NOTEasof 30 April 2020 amounts to 27,872,600.

TheAnnual General Meeting (AGM) of NOTE on 23April 2020 resolved to reduce the share capital through cancellation of repurchased shares and increase the share capital through a bonus issue. The Meeting resolved to reduce the share capital by SEK 500,000 through the cancellation of 1,000,000 shares which the company repurchased based on authorisation from the previous AGM and to increase the share capital by SEK 500,000 through a bonus issue without the issue of new shares.

The share capital remains unchanged after the executive of the decision and amounts to SEK 14,436,300 million on 30April 2020.

For more information, please contact: Johannes Lind-Widestam, CEOand President, tel. +46 (0)70 541 7222 Henrik Nygren, CFO, tel. +46 (0)70 977 0686

About NOTE

NOTE is one of northern Europe's leading EMS partners, producing PCBAs, subassemblies and box build products. NOTE's offering covers the complete product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia and China. Net sales in the last 12 months were SEK 1,830 million; the group has approximately 1,100 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.

This information is information that NOTE AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 08:30 a.m. CET on 30 April 2020.