MapsPeople A/S: Company announcement - Share capital increase upon bonus share issuance

MapsPeople A/S | Issuance of bonus shares

MAY NOT BE PUBLISHED, DISTRIBUTED, OR SUPPLIED OR IN PARTICULAR, DIRECTLY OR INDIRECTLY, IN OR TO THE USA, AUSTRALIA, CANADA, OR JAPAN.

This announcement does not constitute an offering circular, Prospectus, or other offer document. No one should purchase or subscribe for any securities in MapsPeople A/S ("MapsPeople" or the "Company") except on the basis of information in the Prospectus published by the Company in connection with the Offering and admission of such securities to trading on Nasdaq First North Premier Growth Market Denmark ("First North"), which is available on the Company's website.

Company Announcement No. 15 - 2021

Aalborg, December 6th, 2021

Increase in share capital and number of votes due to bonus share issuance

With reference to section 12.1.6 of the Prospectus, the Board of Directors introduced a retention bonus program in connection with the IPO for all full time employees employed at the Company on the first day of trading. The transfer of shares is subject to the continued employment of the employees for a period of 6 months after the first day of trading.

The Prospectus is available on MapsPeople’s website (https://investors.mapspeople.com/).

Today the Board of Directors decided to carry out a capital increase relating to the issuance of bonus shares.

Pursuant to the section 3.1.4 of the articles of association, a total of 64,800 bonus shares is issued with a nominal value of DKK 0.02 per share, equivalent to a total nominal value of DKK 1,296.

As a result of the capital increase, the share capital of MapsPeople will be increased by a nominal amount of DKK 1,296 from DKK 1,096,632 to DKK 1,097,928. The number of shares and votes will be increased from 54.831.600 to 54.896.400.

The capital increase will be registered with the Danish Business Authority (Erhvervsstyrelsen) on December 7th, 2021.