Resolutions at the extraordinary general meeting in Evolution AB (publ)

At the extraordinary general meeting in Evolution AB (publ) on 9 November 2023 it was resolved on an incentive programme by way of an issue and transfer of warrants.

Incentive programme by way of an issue and transfer of warrants
The extraordinary general meeting resolved on an incentive programme under which the company invites up to 300 group employees to acquire warrants in the company. The participants will comprise the CEO of the company, current and future members of the senior management and key personnel. No warrants will be granted to board members of the company.

Not more than 2,500,000 warrants will be issued to the company or a wholly-owned subsidiary and transferred to the participants in the incentive programme. The participants may exercise the warrants for subscription of shares in the company during the period from and including 16 November 2026 (however not earlier than the day after the publication of the company’s interim report for the period January–September 2026) up to and including the date that falls 14 calendar days thereafter, at an exercise price equivalent to 130 per cent of the volume-weighted average price of Evolution’s share on Nasdaq Stockholm during the period from 26 October 2023 up to and including 8 November 2023.

Minutes and complete resolutions
The minutes from the extraordinary general meeting, including the complete resolutions, will be available on the company’s website, www.evolution.com.

For further information, please contact:
Jacob Kaplan, CFO, [email protected].

The information was submitted for publication at 16:00 CET on 9 November 2023.