Bulletin from the Extraordinary General Meeting of Seamless Distribution Systems AB

The Extraordinary General Meeting of Seamless Distribution Systems AB was held in Stockholm on February 27, 2026.

Resolution on directed share issue

The Annual General Meeting resolved on a directed share issue of a maximum of 20,221 units to members of the company's management and board of directors, including CEO Martin Schedin, CFO Jens Ålander and board member Håkan Holm (the "Leo Issue"). The Leo Issue is covered by the circle referred to in Chapter 16 of the Companies Act of Sweden.

Shareholders representing at least nine-tenths (9/10) of both the votes cast and the shares represented at the Annual General Meeting supported the resolution.

The terms of the share issue are in line with those established in the previous directed share issue published on 3 February 2026. The issue means that the number of shares in SDS will increase by 101,105 and that the share capital will increase by SEK 10,110.50. Upon full exercise of the warrants of series TO 2026 issued within the framework of the issue, the number of shares will increase by an additional 20,221 and the share capital by SEK 2,022.10.

The purpose of the issue is to create a strong alignment of interests between key employees and the Company's shareholders, as well as to retain and attract important expertise during the Company's expansive phase. The Board of Directors believes that it benefits the Company by directly linking the individual's performance to the development of the share value.

Minutes from the meeting etc.

Minutes from the meeting will be published on the company's website, https://investor.seamless.se/bolagsstaemma/.

For more information, please contact:

Jens Ålander

Chief Financial Officer

+46 73 095 8269

[email protected]

About SDS

SDS is a Swedish international software company specializing in mobile payment services for mobile operators, distributors, retailers and consumers. SDS ensures that telecom operators can sell talk time, data and ancillary services where SDS products and services handle up to 90% of the telecom operator's sales. Today, SDS has implemented solutions in fintech, advanced analytics and Retail Value Management, and where these products have succeeded, they are transformed into so-called SaaS solutions.

SDS has approximately 190 employees in Sweden, Algeria, South Africa, Ghana, Nigeria, the United Arab Emirates, Pakistan and India. SDS handles more than 15 billion transactions worth over $14 billion annually. Through over 3 million monthly active retailers of digital products, more than 1100 million consumers are indirectly served globally.

SDS's share is listed on Nordic SME on the Nordic Growth Market.