On 15 December 2021, the Extraordinary General Meeting in NCAB Group AB (publ) (the "Company") resolved to increase the number of shares in the Company by a share split, whereby each existing share is divided into ten (10) shares (10:1). The Board of Directors was authorised by the Extraordinary General Meeting to determine the record day for the share split.

The Board of Directors of NCAB has today determined that the record day for the split of the Company's shares shall be 29 December 2021. The last day for trading in the Company's shares before the share split is 27 December 2021. The first day for trading in the Company's shares after the share split is 28 December 2021. In connection with the share split the shares' ISIN code will be SE0017160773. After the share split is completed, the number of shares in the Company will increase from 18,697,124 shares to 186,971,240 shares and every share's quota value will change from SEK 0.1 to SEK 0.01. The share split will be executed automatically through Euroclear Sweden AB and shareholders do not need to take any action. The shares that are received after the share split are expected to be registered on the shareholders' securities accounts on 30 December 2021.

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