Announcement from FRISQ Holding AB’s extra general meeting held on February 8 at 14:00 CET

The extra general meeting ("EGM") of Frisq Holding AB (publ) ("FRISQ" or the "Company") was held today on 8 February 2022 at 14:00 CET and the following resolutions were passed by the meeting.
 
Amendments of the Company's Articles of Association
The EGM resolved, in accordance with the board of directors' proposal, to amend the articles of association's object of the Company to include own and manage moveable property, in addition to, or instead of, the current business of the Company. Furthermore it was resolved to change the articles of associations limits for share capital from a minimum of SEK 2,000,000 and a maximum of SEK 8,000,000 to a minimum of SEK 2,395,000 and a maximum of SEK 9,580,000. It was further resolved to amend the articles of association's limits for the number of shares from a minimum of 40,000,000 and a maximum of 160,000,000 to a minimum of 47,900,000 and a maximum of 191,600,000.
 
Authorization for the board to issue shares, convertibles and/or warrants
The EGM resolved, in accordance with the board of directors' proposal, to authorize the board, on one or more occasions, with or without preferential rights for shareholders, to issue in total a maximum of shares, warrants and/or convertible, corresponding to not more than 40 percent of the share capital of the Company after completed issuances based on the number of shares at the time of the extra general meeting, to be paid in cash, by set-off or in-kind.
 
The reason for the authorization and deviation from the shareholders' preferential rights is to enable raising capital for expansion through acquisitions of companies or assets and for the business of the Company as well as to adapt the Company's capital and/or ownership structure. If issuances are carried out with deviation from the shareholders' preferential rights, such issue shall be made in accordance with customary market terms. If the board of directors finds it suitable in order to enable delivery of shares in connection with a share issuance as set out above it may be made at a subscription price corresponding to the shares quota value.
 
For further details regarding the resolutions set out above refer to the complete proposals, notice and annual accounts available at the Company's website, www.frisqholding.se.