Issue of shares to Deccan Value Advisors as consideration for subscription guarantee

On the basis of the authorization granted by the EGM, the board of directors of IBS has resolved to issue shares to Deccan Value Advisors as consideration for the subscription guarantee issued by Deccan in connection with the recently completed rights issue.

Pursuant to the resolution, 1,162,329 new class B shares are issued to Deccan, whereby set-off is made against Deccan’s claim for consideration of SEK 11,147,106 under the relevant subscription guarantee agreement. The subscription price corresponds to SEK 9.59 per share and has been determined in accordance with the subscription guarantee agreement and the EGM’s authorization.