Mercell Holding - Minutes of Annual General Meeting

Oslo, 22 April 2021: The annual general meeting of Mercell Holding AS (the "Company") was held today, on 22 April 2021.

All the proposed resolutions set out in the notice of the annual general meeting were adopted in accordance with the board of directors' proposals, including the proposal to convert the Company from a private limited liability company to a public limited liability company (Nw.: allmennaksjeselskap (ASA)). The Company is expected to be converted into an ASA and thereby change its legal name to Mercell Holding ASA, on or about 23 April 2021.

The minutes from the annual general meeting are attached hereto and will also be made available on the Company's webpage, https://investor.mercell.com/general-meeting/.  

For further information please contact:

CFO Fredrik Eeg
Cell: +47 90 83 33 78
Email: Fredrik.eeg@mercell.com

This is Mercell:

Mercell is a leading digital platform for public eTendering and entered the eProcurement market in 2020. The company has approximately 2,200 pre-award buyers, 330 post-award buyers and some 26,600 suppliers as customers. Mercell's unique marketplace simplifies the tender and procurement process and makes it easy and secure for buyers to find relevant suppliers for their tenders and purchasing needs, and enables suppliers to find relevant business opportunities and receive and handle purchases from public and private buyers. Mercell delivers services to public and private buyers in 13 European countries with the goal of becoming the leading software-as-a-service (SaaS)-platform for eTendering and eProcurement in Europe. Through the acquisition of Negometrix in February 2021, Mercell also became market leader in the Netherlands and established a foothold in the US market.