Board members of Inzile buy shares in the company

Inzile Board Member Håkan Örtenholm has bought 500,000 shares in the company, while Board Members Leif Lindqvist and Måns Sjöstedt have bought 100,000 shares in the company, respectively. Proposed Inzile Board Members Yago Mendez and Rafael Escanez have bought 200,000 shares and 100,000 shares in the company, respectively.

 - I am very excited about the future of Inzile and I truly believe in the company's new strategy and plans. That is why I invest in a significant block of shares in Inzile, comments Håkan Örtenholm, Board Member of Inzile.

For further information, please contact:

Ragnar Åhgren, Chariman of the Board Inzile, ragnar.ahgren@inzile.com, +46 73 356 89 89

Peter Wergens, CFO Inzile, peter.wergens@inzile.com, +46 73 325 75 04

About Inzile

Inzile is a Swedish tech company manufacturing intelligent electrically powered vehicles as well as creating modern transport and service solutions for a sustainable community. The company’s vision is to liberate the world from emission of fossil fuels and to accelerate the climate efforts by contributing to sustainable cities that improve quality of life.

Inzile was founded in 2012 based on a strong will to secure a future climate friendly utility vehicle sector. The team consists of some of Scandinavia’s foremost authorities related to electrical vehicles, digitalization, manufacturing and purchasing. Inzile develops, produces, and sells innovative vehicle solutions on the global market based on the demanding Nordic climate, security requirements and environmental standards. The company is based in Sweden with headquarters and production facility located in Västervik, R&D in Tranås and marketing office in Stockholm.

The company's share is traded on Nasdaq First North Growth Market Stockholm.

Redeye AB is the Company’s Certified Adviser, +46 8 121 57 690, certifiedadviser@redeye.se.

For further information, please visit: www.inzile.com