Quarterly Report Scandinavian Enviro Systems AB (publ) January – March 2023

A breakthrough as desirable as it is unprecedented.

Jan-March 2023

• Net revenues for the period were MSEK 4.1 (1.4)
• Earnings after tax for the period were MSEK -24.4 (-17.8)
• Earnings per share for the period (before dilution) was SEK -0.04 (-0.03)
• Cash flow for the period after investments was MSEK -29.0 (-21.8)
• Enviro receives follow-up order for oil from a leading US oil company
• Enviro secured financing in the form of an external loan of MSEK 40.
• Enviro and Antin Infrastructure Partners to create the world’s first large-scale tire recycling group, supported by Michelin

Significant events after end of period

• Enviro has successfully completed directed share issue of 150 million shares and raises proceeds of SEK 300 million

This disclosure contains information that Scandinavian Enviro Systems is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 24-05-2023 13:03 CET.