Bulletin from the Extraordinary General Meeting of Adventure Box Technology AB (publ)

The meeting decided on:

• Approval of the acquisition of Lion Gaming Group Inc. through the issuance of consideration shares totalling SEK 467 million, corresponding to SEK 0.40 per share.
• Conditions for the acquisition include the settlement of Lion's convertible bonds, exchange of warrants, and auditor certification of the contributed assets.
• Amendment of the Articles of Association to reflect a new share capital range of SEK 120-480 million and a total number of shares ranging from 1.2-4.8 billion.
• Directed share issue of up to 1,166,272,194 shares with a nominal value of SEK 0.10 and a subscription price of SEK 0.40.
• The issue is directed to shareholders of Lion Gaming Group Inc. as part of the acquisition.
• Subscription period for shares set to January 31, 2025, with the Board authorized to extend the period.
• Payment deadline set to January 31, 2025, with the Board authorized to extend the deadline.
• New shares will carry rights to dividends from the first record date after registration with the Swedish Companies Registration Office and Euroclear Sweden AB.
• Directed issue of 5,573,495 warrants to holders of warrants in Lion Gaming Group Inc.
• Warrants issued free of charge.
• Each warrant entitles the holder to subscribe for one new share.
• Warrants can be exercised from registration until December 30, 2034.
• Board of Directors set to seven members until the next Annual General Meeting.
• Duncan McIntyre and Michal Bendtsen were elected as new board members, while Staffan Eklöw and Örjan Frid resigned.
• Board fees to remain unchanged.
• Ben Heidari from FinEasity AB elected as the new auditor, replacing Grant Thornton Sweden AB.
• Authorization for the Board to issue shares, warrants, and convertibles corresponding to up to 25% of the shares after the completed issue.
• Authorization for the Board to make necessary adjustments for registration with the Swedish Companies Registration Office and Euroclear Sweden AB.

FOR MORE INFORMATION PLEASE CONTACT:

Mads Jørgensen, Chairman of the Board
+45 28 97 15 75

Michal Bendtsen, CEO
Adventure Box Technology AB (publ)
+45 26 355 377

[email protected]

ABOUT ADVENTURE BOX TECHNOLOGY AB

Adventure Box Technology offers KoGaMa, an online game maker platform that offers user-friendly tools for creating and sharing unique gaming experiences. With its innovative Multiplayer editor and thriving user-to-user marketplace, KoGaMa empowers users to collaborate, create, and customize content within a dynamic social metaverse. The company's world-leading streaming technology is patent protected. Founded in Stockholm in 2014, the company now also has staff in Seville, Copenhagen, and Madrid. Adventure Box is traded on the Nasdaq First North Growth Market under the short name ADVBOX and ISIN code SE0012955276. Aktieinvest FK AB with e-mail [email protected] and phone number +46 739 49 62 50 is the company's Certified Adviser.