VEF AB

Share Issue/Capital Change • May 31, 2023

New number of shares and votes in VEF AB (publ)

VEF AB (publ) has during May 2023 cancelled a total of 12,824,243 repurchased ordinary shares in accordance with a resolution adopted by the Annual General Meeting on 9 May 2023. VEF has furthermore cancelled 498,750 Class C 2020 shares, 83,125 Class C 2021 shares and 70,000 Class C 2022 shares in accordance with a resolution by the Board of Directors.

The total number of shares and votes in VEF as per May 31, 2023, amounts to 1,093,199,255 and are divided into four classes of shares as follows:

• 1,041 865,735 ordinary shares, with one vote each.
• 32,751,250 shares of Class C 2020, with one vote each.
• 8,229,375 shares of Class C 2021, with one vote each.
• 10,352,895 shares of Class C 2022, with one vote each.

For further information please contact:

Henrik Stenlund, CFO: +46 (0) 8-545 015 50

About Us

VEF AB (publ). is an investment company whose Common Shares are listed in Sweden. We invests in growth stage private fintech companies, take minority stakes and are active investors with board representation in our portfolio companies, always looking to back the best entrepreneurs in each market. We focus on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. VEF trades in Sweden on Nasdaq Stockholm's Main Market under the ticker VEFAB. For more information on VEF, please visit http://www.vef.vc.

This information is information that VEF AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 2023-05-31 08:00 CEST.

Attachments

New number of shares and votes in VEF AB (publ)