Request for Extraordinary General Meeting

The Board of Zutec Holding has received a request from shareholders representing more than 50 per cent of the shares in the company, to call for an extraordinary general meeting regarding election of a new board of directors consisting of Stefan Charette (chairman), Brian McGuire and Mikael Näsström (re-election).

The Board will issue a notice for the extraordinary general meeting to take place on 28 February 2020.

This information is inside information that Zutec Holding AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above on February 12th, 2020, at 13.30 CET.

For additional Information please contact:

Clíona Farrelly, CEO, Zutec Holding AB; cliona.farrelly@zutec.com, +353 1 2013565

The company is listed on Nasdaq First North Growth Market and Mangold Fondkommission AB is the Company’s acting Certified Adviser (Tel. + 46 8 5030 1550, CA@mangold.se, www.mangold.se.)

About Zutec Holding AB

Zutec develops and markets cloud-based software solutions, primarily directed to companies within the building and construction industry. The Company’s products help clients to increase their productivity and cost efficiency. Zutec provides solutions within project management, data and document collaboration tools, data enriched 3D-models, defect management, project handover and the operations and maintenance of buildings.