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Ovzon Share Issue/Capital Change 2023

Mar 31, 2023

3094_rns_2023-03-31_3e7fc693-a7ab-4101-bafc-773694e927f4.pdf

Share Issue/Capital Change

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Press release, March 31, 2023

Change in number of shares and votes in Ovzon AB

In March 2023, the number of shares and votes in Ovzon AB has changed due to the directed share issue ("Share Issue"), approved by the Extra General Meeting on March 3, 2023.

The number of shares and votes have increased with 4,494,382.

The total number of shares and votes as of March 31, 2023 amounts to 55,765,258.

For further information please contact:

Per Norén, CEO, [email protected], +1 206 931 7232 Noora Jayasekara, CFO, [email protected], +46 70 318 92 97

This information is such information that Ovzon AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out above, at 22.30 CET on March 31, 2023.

About Ovzon

Ovzon offers world-leading mobile satellite communications solutions, SATCOM-as-a-Service, to customers across the globe. The services combine high data speed with high mobility. Ovzon's SATCOM-as-a-Service meets the growing demand for global connectivity for customers with high performance and security requirements such as Defense, Emergency Services, NGOs, Media and Commercial organizations. Ovzon was founded in 2006 and has offices in Stockholm, Sweden, Herndon, VA, and Tampa, FL, in the USA. Ovzon is listed on Nasdaq Stockholm Mid Cap. For more information, visit www.ovzon.com.