Candle Lake Limited has acquired shares in Evolution AB, thereby triggering a mandatory offer obligation

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR DISCLOSURE WOULD BE IN VIOLATION OF APPLICABLE LAWS OR REQUIRE ADDITIONAL REGISTRATION OR ANY OTHER MEASURES. THIS PRESS RELEASE IS NOT AN OFFER TO ACQUIRE SHARES. THIS PRESS RELEASE IS MADE IN ACCORDANCE WITH CHAPTER 3 SECTION 1 OF THE SWEDISH ACT ON PUBLIC TAKEOVERS ON THE STOCK MARKET (2006:451).Candle Lake Limited[1] ("Candle Lake") has acquired 2,050,000 shares in Evolution AB (publ) ("Evolution") (the "Acquisition").