The Board of Directors of Misen Energy proposes voluntary liquidation of the company and consequently intends to apply for delisting of the company's shares

INSIDE INFORMATION: The Board of Directors of Misen Energy AB (publ) ("Misen", the "Company") announced on 2 May 2024 that the Company had entered into a share purchase agreement to sell all shares in the Company's operating subsidiary, Misen Enterprises AB. The Board of Directors of the Company has today proposed that the Annual General Meeting, as a result of the sale of the Company's operating subsidiary, resolves on a voluntary liquidation of the Company. Subject to such resolution, the Board of Directors also intends to apply for a delisting of the Company's shares from Nasdaq First North Growth Market in Stockholm. Notice to the Annual General Meeting with a complete proposal for voluntary liquidation will be published in a separate press release. The Annual General Meeting is planned to be held on 28 June 2024.

The Board of Directors proposal for voluntary liquidation of the Company is conditional upon (i) the Extraordinary General Meeting on 12 June 2024 approving the sale of all shares in the Company's subsidiary, Misen Enterprises AB and (ii) the Annual General Meeting, planned to be held on 28 June 2024, resolving in accordance with the Board of Directors proposal for voluntary liquidation of the Company. Subject to these resolutions, the Board of Directors of the Company intends to apply for delisting of the Company's shares on Nasdaq First North Growth Market in Stockholm. Notice to the Annual General Meeting with the complete proposal for voluntary liquidation will be published in a separate press release.