Rights Issue October 2025

The Offer in Brief 

• Maximum number of newly issued shares: up to 533,290,600 new shares (corresponding to 266,645,300 units, as each unit = 2 shares).
• Terms and conditions: One (1) existing share held on the record date entitles to one (1) subscription right. Each subscription is entitled to subscribe for one (1) unit. Each unit consists of two (2) shares.
• Subscription price: SEK 0.05 per unit, corresponding to SEK 0.025 per share.
• Issue proceeds at full subscription: Approximately SEK 13.3 million, before issue costs.
• Subscription and underwriting commitments: SEK 10 million of the issue is guaranteed by major shareholders and investors (Alfredo Matta SEK 4 million, Orsta Ventures AB SEK 4 million, Crafoord Capital Partners AB SEK 2 million). No guarantee fee will be paid.
• Record date: October 2, 2025
• Trading in unit rights: October 6 – October 15, 2025
• Subscription period: October 6 – October 20, 2025
• Trading in BTU (Paid Subscribed Units): October 6 – October 27, 2025 (estimated last day until shares are registered).
• Estimated date for publication of final outcome: On or about October 22, 2025

Identification Codes 

• ISIN for existing share: SE0020998854
• ISIN for unit rights: SE0026578262
• ISIN for BTU (paid subscribed units): SE0026578270
• Short name: MAV (unchanged ticker for trading of existing shares)
• Trading venue: Nasdaq First North Growth Market