NOTE — Share Issue/Capital Change 2021

May 31, 2021

Change in number of shares and votes in NOTE

The total number of shares and votes in NOTE has changed consequent upon the issue of 211,000 new shares in May upon exercise of warrants in the incentive programme adopted by the Annual General Meeting in 2018.

Subsequent to the exercise of warrants, the total number of shares and votes in NOTE at 31 May 2021 was 28,583,600. Through the exercise of warrants, NOTE's share capital has increased with SEK 109,285 and, as of 31 May 2021, amounted to SEK 14,804,554.

For more information, please contact: Johannes Lind-Widestam, CEO and 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 1,901 million; the group has approximately 1,100 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note-ems.com.

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 8:30 a.m. CET on 31 May 2021.