Issue and repurchase of Class C shares to enable the future delivery of shares under PSP 2023

The Board of Dustin Group AB has today resolved on a directed issue and immediate repurchase of 825,000 Class C shares, making use of the authorization granted by the Annual General Meeting on 15 December 2022.

The shares have been issued and repurchased in accordance with terms of the long-term performance share plan for the Executive Management and other key employees in Dustin adopted by the Annual General Meeting on 15 December  2022 (“PSP 2023”). Nordea Bank Abp, filial i Sverige subscribed for all issued Class C shares at a subscription price corresponding to the quota value, which entails an increase of Dustin’s share capital by SEK 4,125,000.091014. All Class C shares have subsequently been repurchased by Dustin at an amount per share corresponding to the quota value.

The purpose of the issue and repurchase is to enable the future delivery of ordinary shares to the participants in PSP 2023 provided that, and to the extent, the relevant performance conditions have been reached during the plan's measurement period.

For additional information regarding PSP 2023, please refer to the company's website, www.dustingroup.com.

For additional information, please contact:

Eva Ernfors, Head of Communication: eva.ernfors@dustin.se, +46 70 258 62 94

About Dustin

Dustin is a leading online based IT partner in the Nordics and the Benelux. We help our customers to stay in the forefront by providing them with the right IT solution for their needs.

We offer approximately 280,000 products with related services to companies, the public sector and private individuals. Sales for the financial year 2021/22 amounted to approximately SEK 23.6 billion and more than 90 per cent of the revenues came from the corporate market.

Dustin has approximately 2,500 employees and has been listed on Nasdaq Stockholm since 2015 with headquarters in Nacka Strand just outside central Stockholm.