Vestum AB

Delisting Announcement • Dec 6, 2022

Vestum's shares have been approved for listing on Nasdaq Stockholm

Nasdaq Stockholm's listing committee has today approved Vestum AB (publ)'s ("Vestum" or the "Company") application for admission to trading of the Company' s shares on Nasdaq Stockholm's main market. The approval is conditional on the fulfilment of certain customary conditions, including the approval and registration of a prospectus by the Swedish Financial Supervisory Authority.

The first day of trading on Nasdaq Stockholm is expected to be on Tuesday, 13 December 2022. Due to the listing on Nasdaq Stockholm's main market, Vestum will be delisted from Nasdaq First North Growth Market and the last day for trading on Nasdaq First North Growth Market is expected to be on Monday, 12 December 2022.

There is no offer or issuance of new shares in connection with the Company's shares being admitted to trading on Nasdaq Stockholm's main market. The ticker for the shares (VESTUM) as well as the ISIN-code (SE0017134125) will remain unchanged. Shareholders of Vestum will not need to take any actions in connection with the listing on Nasdaq Stockholm.

For complete information regarding the listing on Nasdaq Stockholm, please refer to the prospectus that will be published (only in Swedish) in connection with the listing, which is expected to be approved by the Swedish Financial Supervisory Authority and published on Vestum's website (www.vestum.se) on 7 December 2022.

Comments from Vestum's CEO Conny Ryk:

– We see the listing on Nasdaq Stockholm as a seal of quality and a natural step in Vestum's growth journey. The listing on Nasdaq Stockholm provides better conditions for long-term value creation for our shareholders, while Vestum takes further steps towards becoming the leading Nordic industrial group in civic infrastructure.

For additional information, please contact:

Conny Ryk, CEO, Vestum AB (publ) Phone: +46 70 775 53 10 Email: conny.ryk@vestum.se

PRESS RELEASE 06 December 2022 15:10:00 CET

About Vestum

Vestum is an industrial group that provides niche services and products to civic infrastructure. Our portfolio of leading specialists has extensive industry experience, broad competence and strong local presence. Vestum has over 2,300 employees in the Nordics, Germany and the UK.

For additional information, please visit: www.vestum.se

Vestum's share is traded under the short name VESTUM on Nasdaq First North Growth Market and the company's Certified Adviser is G&W Fondkommission.

Attachments

Vestum's shares have been approved for listing on Nasdaq Stockholm