Extraordinary General Meeting on February 18, 2022 in Inzile AB (publ)

At the Extra General Meeting on February 18, 2022 in Inzile AB (publ), the following decisions were made in accordance with the proposals presented in the notice convening the Extra General Meeting, which were held available on the company's website www.inzile.com.

The Annual General Meeting resolved:

• The meeting elected, in accordance with proposal from the company's majority owner eFashion Championship PTE Ltd, Enrique Bañuelos, Gloria Bañuelos and Juan Carlos Del Rio as new board members. Ragnar Åhgren and Måns Sjöstedt resign as members of the board.

After election The Board of Directors consists of Håkan Örtenholm (Chairman), Leif Lindqvist, Enrique Bañuelos, Gloria Bañuelos and Juan Carlos Del Rio.

It was noted that all decisions were unanimous.

For further information, please contact:

Håkan Örtenholm, Executive Chairman Inzile, hakan.ortenholm@inzile.com, +46 72 296 94 63

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