Vitec Software Group B — Share Issue/Capital Change 2014

Dec 4, 2014

Pressrelease

2014-12-04 1:00 p.m.

Convertible bond 2012-01 fully converted

The convertible bond launched to Vitec employees in January 2012 has been converted to B-shares. The number of B-shares has increased by 81 011 and the share capital has increased by 40 505 SEK. Total equity has increased by 5 302 000 SEK. The total number of shares after conversion amounts to 5 879 338 of which 800 000 are Class A-shares.

For additional information, feel free to call:

Lars Stenlund, President and CEO, Vitec Software Group, at +46 70 659 49 39

Disclaimer:

Vitec Software Group AB (publ) is to make the above information public pursuant to the Swedish Securities Market Act or the Swedish Financial Instruments Trading Act. The information will be made public at 1:00 p.m. on Thursday, December 4, 2014.

Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. Clients include facility management companies, construction and real estate companies, banks and insurance companies, utilities and energy traders, healthcare companies, car spare part dealers and newspaper companies. Vitec is listed on Nasdaq OMX Stockholm. Group turnover has an annual capacity of 575 million SEK and has approximately 400 employees. Vitec is listed on Nasdaq OMX Stockholm.