Solar — Share Issue/Capital Change 2019

Apr 23, 2019

Solar A/S

Industrivej Vest 43 ■ DK-6600 Vejen ■ Denmark

Tel. +45 79 30 00 00 ■ CVR no. 15 90 84 16 ■ Web: www.solar.eu

solar

LEI: 21380031 XTL19X5MTY92

23 April 2019

Announcement no. 9 2019

Implementation of reduction of share capital in Solar A/S

As stated in company announcement no. 5 2019, Solar A/S's annual general meeting passed a resolution on 15 March 2019 to reduce the company's B share capital by nominally DKK 38,562,500 by cancelling treasury B shares. This corresponds to a reduction of the B share capital of 385,625 B shares of DKK 100.

The share capital reduction was published in the IT system of the Danish Business Authority on 19 March 2019. The deadline of the notification of claims to the company was reached without any objections.

Thus, today, the implementation of the reduction of share capital was reported to the Danish Business Authority. Following the reduction, Solar's share capital now amounts to nominally DKK 736,000,000.

Following the cancellation of 385,625 treasury B shares, Solar now owns 61,708 treasury B shares, corresponding to 0.84% of Solar's total share capital and 0.40% of votes.

Yours faithfully,

Solar A/S

Jens Andersen

Contacts:

CEO Jens Andersen - tel. +45 79 30 02 01

Director, Stakeholder Relations Charlotte Risskov Kræfting - tel. +45 40 34 29 08

Facts about Solar

Solar Group is a leading sourcing and services company. Our core business centres on product sourcing, value-adding services and optimisation of our customers' businesses.

Being a sourcing and services company, we focus on each individual customer. We always strive to understand our customers' unique and genuine needs in order to provide relevant, personal and value-adding services, turning our customers into winners.

Solar Group is headquartered in Denmark, generated revenue of more than DKK 11bn in 2018 and has approx. 3,000 employees. Solar is listed on Nasdaq Copenhagen and operates under the short designation SOLAR B. For more information, please visit www.solar.eu.

Disclaimer

This announcement was published in Danish and English today via Nasdaq Copenhagen. In the event of any inconsistency between the two versions, the Danish version shall prevail.