With the aim to redomicile Fenix Outdoor from Sweden to Switzerland,

the main owner Nidron Holding hereby announces a public share offer without bid premium to the other shareholders of Fenix Outdoor THIS PRESS RELEASE MAY NOT, DIRECTLY OR INDIRECTLY, BE DISTRIBUTED OR PUBLISHED IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR THE UNITED STATES OF AMERICA. THE OFFER IS NOT BEING MADE TO (AND ACCEPTANCES WILL NOT BE ACCEPTED FROM) PERSONS IN THOSE COUNTRIES OR ELSEWHERE WHERE THEIR PARTICIPATION REQUIRES FURTHER DOCUMENTATION, FILINGS OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED BY SWEDISH LAW.Nidron Holding AG (“