YA Holding AB (publ) has today held the annual general meeting and publishes quarterly report for the first quarter 2023

Adoption of the income statements and the balance sheets and resolutions on dividend and discharge from liability

The annual general meeting resolved to adopt the income statement, the balance sheet, the consolidated income statement and the consolidated balance sheet for the financial year 2022 and resolved, in accordance with the proposal from the board of directors, that the result shall be carried forward and consequently no dividends shall be paid for the financial year 2022.

The board of directors and the CEO were discharged from liability for the financial year 2022.

Election of board of directors and auditor

The annual general meeting resolved that four board members (instead of as previously was the case, six board members) should be elected with no deputy member and to re-elect Katarina Axelsson Lindgren (chairman), Johan Pålsson and Conny Karlsson as members of the board and new election of Daniel Nejman as member of the board.

The annual general meeting resolved to re-elect the registered accounting firm Deloitte AB as auditor. Alexandros Kouvatsos will continue to be the auditor in charge.

Determination of the fees to be paid to the board of directors

The annual general meeting decided that fees to the board, for the period until the end of the next annual general meeting, shall be in total SEK 505,000, of which the chairman of the board shall receive SEK 325,000 and Conny Karlsson shall receive SEK 180,000.

Quarterly report

YA Holding AB (publ) (“YA” or the “Company”) also publishes the quarterly report for the period 1 January, 2023 to 31 March, 2023.

First quarter (January - March) 2023

• Net sales increased by 11.9% to 242.8 mnkr (216.9).
• EBIT for the quarter amounted to -6.4 mnkr (-8.1).
• Total cash flow for the quarter was 2.6 mnkr (-8.8).
• The average number of students and participants was 10 498 (10 643).
• The share of participants employed three months after completing the employment training (AUB) or vocational secondary education (VUX) was 59% (61%) for the quarter.

Significant events

• In February, YA received approval for changes to the bond terms, partly regarding compliance with certain financial key figures relating to liquidity, and partly regarding the additional credits in the form of temporary tax deferral (i.e. Covid-19 deferral). Please refer to the section ‘Cash flow and the financial position’ in the quarterly report for further information.
• YA’s subsidiary Yrkesakademin YH AB has been registered under a new name, YH Akademin AB, aiming to specialize and position the company more clearly in the market.

The report is available in electronic form at www.ya.se.

The information was submitted for publication, through the agency of the contact person, on 31-05-2023 12:18 CET.

For further information, please contact:

CEO

YA Holding AB (publ)

Att. Martin Modig

Tel.: +46 (0) 72 369 66 80

E-post: martin.modig@ya.se

CFO

YA Holding AB (publ)

Att. Antti Rokala

Tel.: +46 (0) 76 899 49 73

E-post: antti.rokala@ya.se