OK Mobility Group invests in Inzile

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Spanish OK Mobility Group has taken an initial stake in Inzile AB (publ) (“Inzile”) of 535,868 shares, corresponding to 1% of the company. OK Mobility Group (www.okmobilitygroup.com) is dedicated to the automotive industry, providing mobility solutions through the OK Rent-a-car and OK-cars brands. The company is market leader in Spain and present in the Italian, Portuguese, French and German markets. OK Mobility Group has MEUR +350 in sales, MEUR +50 in EBITDA, +400 employees and +2 million users in its operating history.

- The entry of OK Mobility Group is a win-win since it reinforces Inzile's shareholder structure and enables OK Mobility Group to become part of a company focused on promoting electric mobility, assures Håkan Örtenholm, Chairman of Inzile.

- We are investing in Inzile, as we believe in this company’s future position as one of the global leaders in electric mobility for special vehicles, especially in the sector of tourism, says Othman Ktiri, CEO and founder of OK Mobility Group. We also would appreciate a future cooperation with Inzile in this segment, adds Othman Ktiri,

For further information, please contact:

Yago Mendez, CEO Inzile, yago.mendez@inzile.com, +46 490 199 99

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

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