Sale of G-Loot

Extended acceptance period

To provide the remaining shareholders in G-Loot who have not yet tendered their shares time to accept the Offer, the acceptance period for the Offer will be extended up to and including 22 October 2024 at 15.00 (CEST). The Bidder reserves the right to shorten the acceptance period and set an earlier settlement date as well as to extend the acceptance period and postpone the settlement date.

Note that consideration is SEK 6.95 in cash per share also during the extended acceptance period.

Since the Offer is now unconditional, shareholders who have accepted the Offer, or will accept the Offer, have no right to withdraw their acceptances.

Compulsory redemption

The Bidder will commence compulsory redemption proceedings under the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)) to acquire all remaining shares in G-Loot. Please note that compulsory redemption proceedings are usually completed within 12-18 months from the initiation of the compulsory redemption by a majority shareholder, but may last a shorter or longer period of time. After the arbitral award on compulsory redemption has become legally binding, the majority shareholder will instruct Euroclear to execute the compulsory redemption and pay the redemption amount. This may, as stated above, take approximately 12-18 months from the majority shareholder's request for compulsory redemption. If the majority shareholder requests, and obtains, a so-called advance possession to the shares, payment of the amount conceded by the majority shareholder may take place earlier.

Recommendation by the Board of Directors of G-Loot

As previously communicated, the Board of Directors of G-Loot recommend the shareholders of G-Loot to accept the Offer.

Next steps if you have not yet accepted the Offer

If you hold your shares via a nominee

You have received, or soon will receive, an instruction from your nominee or bank on how to accept. Please follow their instructions.

If you hold your shares directly on a custody account

You have received, or soon will receive, an acceptance form and information letter.

Please complete the information requested and sign the acceptance form and send it to [email protected] or by mail to Transaction Support, Carnegie Investment Bank AB (publ), Regeringsgatan 56, 103 38 Stockholm, no later than 15:00 (CEST) on 26 September 2024. Please also note that if your Shares are pledged, the acceptance form must be signed/completed also by the pledgee.

Further information

Please do not hesitate to contact us should you have any questions regarding the process. Contact details are as follows:

Carnegie is acting as settlement agent in relation to the Offer

Carl Magnusson ([email protected])

Transaction Support ([email protected])

Yours sincerely,

The Board of Directors of G-Loot