NASDAQ Copenhagen A/S

STOCK MARKET ANNOUNCEMENT NO. 09-2020

Minutes of Extraordinary General Meeting on 17 December 2020

The Extraordinary General Meeting was held in accordance with the published agenda.

Point 2 - Approval of the sale of SBS Friction to Brembo SpA was approved unanimously.

Svendborg, 17 December 2020

______________________________

Peter Eriksen Jensen

Chairman of the Board

Stock Market Announcement No. 09-2020

Page 1

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SBS - Scandinavian Brake Systems A/S published this content on 14 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2020 13:40:01 UTC