NEW NUMBER OF VOTES

Shareholders have requested conversion of 29,468 Class A common shares into Class B common shares in accordance with Sagax’s Articles of Association. Conversion has taken place, which has reduced the number of votes in the company by 26,521.2 votes. The number of votes thus amounts to 68,537,316.8 after the conversion. The share capital of SEK 780,992,355.50 is unchanged.

As of 31 March 2023, the total number of shares in the company is 446,281,346 divided between 26,565,758 Class A common shares, 293,454,259 Class B common shares (of which 2,000,000 shares are held in treasury) and 126,261,329 Class D common shares.

Class A common shares represents 26,565,758 votes, Class B common shares represents 29,345,425.9 votes and Class D common shares represents 12,626,132.9 votes.

For further information, please contact CEO David Mindus, tel +46 8 545 83 540.

About AB Sagax

AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. Sagax's property holdings per 31 December 2022 amounted to 3,895,000 square metres, distributed over 751 properties. AB Sagax (publ) is listed on Nasdaq Stockholm, Large Cap. More information is available at www.sagax.se.

This information is information that AB Sagax (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person above, on 31 March 2023 at 2.00 p.m. (CEST).