The Board of Directors of HAKI Safety AB (publ) (“HAKI Safety” or the “Company”), (Nasdaq Stockholm, HAKI Safety), has today, based on the authorization granted by the Annual General Meeting on 29 April 2025, resolved to carry out a new issue of A and B shares of approximately SEK 50 M with preferential rights for the Company’s existing shareholders (the “Rights Issue”). The Company has received subscription undertakings of approximately 61.5 percent of the Rights Issue and guarantee commitments of approximately 38.5 percent of the Rights Issue. The Rights Issue is thus fully covered by subscription undertakings and guarantee commitments. HAKI Safety intends to use the proceeds from the Rights Issue to repay the bridge loan facility of approximately SEK 50 M that was part of the financing of the acquisition of Trimtec AB (“Trimtec”), as announced in a press release on 30 January 2025.

Summary of the Rights Issue

• The Board of Directors of HAKI Safety has, based on the authorization granted by the Annual General Meeting on 29 April 2025, resolved to carry out a new issue of A and B shares with preferential rights for existing shareholders of approximately SEK 50 M. The purpose of the Rights Issue is to repay the bridge loan facility that was part of the financing of the acquisition of Trimtec, which was announced in a press release on 30 January 2025.
• Upon full subscription, the Rights Issue will provide HAKI Safety with approximately SEK 50 M before transaction costs. Transaction costs are estimated to amount to approximately SEK 4 M.
• The Rights Issue is covered to approximately 61.5 percent by subscription undertakings and to approximately 38.5 percent by guarantee commitments. Consequently, 100 percent of the Rights Issue is secured through subscription and guarantee commitments.
• The Rights Issue comprises a maximum of 871,336 new A shares and a maximum of 1,613,130 new B shares, in total a maximum of 2,484,466 new shares.
• The subscription price has been set at SEK 20 per share, regardless of share class. No commission will be charged.
• Shareholders who on the record date of 4 September 2025 are registered as shareholders in HAKI Safety will receive one (1) subscription right per A and B share, respectively, held. Eleven (11) subscription rights entitle the holder to subscribe for one (1) new share of the same class with primary preferential right. Shares not subscribed for with primary preferential rights will be offered to all shareholders for subscription (subsidiary preferential right), regardless of share class. In addition, investors may apply to subscribe for shares without preferential rights.
• The subscription period in the Rights Issue runs during the period 8 September 2025 up to and including 22 September 2025.
• The Company’s largest shareholders, Tibia Konsult AB and Marknadspotential AB, have undertaken to subscribe for their respective pro rata shares of the Rights Issue. These subscription undertakings amount to approximately 61.5 percent of the Rights Issue. In addition, the Company has received subscription undertakings from shareholding members of the Board of Directors and management amounting to SEK 284,467, corresponding to approximately 0.6 percent of the Rights Issue.
• Tibia Konsult AB and Marknadspotential AB have further entered into guarantee undertakings for the remaining part of the Rights Issue, in proportion to their respective holdings in the Company. Consequently, the Rights Issue is fully covered by subscription and guarantee undertakings. No compensation will be paid for the subscription or guarantee undertakings.

Background and reasons
HAKI Safety is an international industrial group focusing on safety products and solutions that create safe working conditions at temporary workplaces. The Group has annual sales of about SEK 1 billion and has been listed on Nasdaq Stockholm Small Cap since 1989. HAKI Safety offers a wide range of products and solutions within work zone safety, system scaffolds, and digital and technical solutions that help customers achieve safety and efficiency in their various environments.

• Work Zone Safety: catchfans, barrier systems, fall protection, access platforms, stairs, etc.
• Scaffolding Systems: system and frame scaffolding, weather protection, stair systems, bridge systems, etc.
• Digital Solutions: surveying instruments and equipment for land surveying and mapping.

The acquisition of Trimtec was completed in March 2025. As communicated in the press release dated 30 January 2025, the Company obtained a bridge loan facility of approximately SEK 50 M as part of the financing of the acquisition of Trimtec. The purpose of the Rights Issue is to repay the bridge loan facility and restore an efficient capital structure.

Terms of the Rights Issue
Shareholders who on the record date of 4 September 2025 are registered by Euroclear Sweden AB as shareholders in HAKI Safety will receive one (1) subscription right per A and B share, respectively, held in HAKI Safety. The subscription rights entitle the holder to subscribe for new shares with primary preferential right, whereby eleven (11) subscription rights entitle the holder to subscribe for one (1) new share of the same share class. Shares not subscribed for with primary preferential rights will be offered to all shareholders for subscription (subsidiary preferential right), regardless of share class. In connection with the transfer of a subscription right (primary preferential right), the subsidiary subscription right is also transferred. In addition, investors may apply to subscribe for shares without preferential rights.

The Company’s share capital will increase by up to SEK 24,844,660 through the issue of up to 871,336 new A shares and up to 1,613,130 new B shares. The subscription price is SEK 20 per share, regardless of share class, corresponding to total issue proceeds of approximately SEK 50 M before issue costs, provided the Rights Issue is fully subscribed.

Shareholders who choose not to participate in the Rights Issue will be diluted by up to 2,484,466 shares, corresponding to approximately 8.3 percent, but will have the opportunity to compensate for the dilution effect by selling their subscription rights.

Subscription of the new shares shall take place during the period 8 September 2025 – 22 September 2025. Trading in subscription rights is expected to take place on Nasdaq Stockholm during the period 8 September 2025 – 17 September 2025, and trading in paid subscribed shares (BTA) is expected to take place during the period 8 September 2025 – 2 October 2025.

No prospectus will be prepared in connection with the Rights Issue. The Company will prepare and publish an information document in the form prescribed by Regulation (EU) 2024/2809 ("Listing Act") Annex IX.

Subscription undertakings and guarantee commitments in the Rights Issue
The Company’s two largest shareholders, Tibia Konsult AB and Marknadspotential AB, have undertaken to subscribe for shares corresponding to their respective pro rata portions of the Rights Issue, corresponding to approximately 61.5 percent of the Rights Issue. In addition, the Company has received subscription undertakings from shareholding members of the Board of Directors and management amounting to SEK 284,467, corresponding to approximately 0.6 percent of the Rights Issue. Furthermore, Tibia Konsult AB and Marknadspotential AB have undertaken to guarantee up to approximately SEK 19.1 M, corresponding to approximately 38.5 percent of the Rights Issue, in proportion to their respective holdings in the Company.

Consequently, the Rights Issue is fully covered by subscription undertakings and guarantee commitments. The subscription undertakings and guarantee commitments are not secured by bank guarantee, escrow funds, pledges or similar arrangements. No compensation will be paid for the subscription undertakings or guarantee commitments.

Lock-up undertakings
Prior to the announcement of the Rights Issue, shareholding members of the Board of Directors and management of HAKI Safety have towards Skandinaviska Enskilda Banken (“SEB”) undertaken not to dispose of shares in the Company for a period of 90 days from the day after the announcement of the outcome of the Rights Issue, subject to certain customary exceptions (so-called lock-up undertakings).

Furthermore, the Company has towards SEB undertaken not to issue any additional shares or other share related instruments for a period of 180 days from the day after the announcement of the outcome of the Rights Issue, subject to certain customary exceptions.

Preliminary timetable of the Rights Issue
The timetable below for the Rights Issue is preliminary and may be subject to change.

Advisors
Skandinaviska Enskilda Banken AB acts as Sole Global Coordinator and Bookrunner to the Company, and Advokatfirman Vinge is legal advisor to the Company in connection with the Rights Issue.

For further information, please contact:
Sverker Lindberg, President and CEO
Tel: + 46 40 30 12 10
E-mail: sverker.lindberg@hakisafety.com

Tomas Hilmarsson, CFO:
Tel: + 46 40 30 12 10
E-mail: tomas.hilmarsson@hakisafety.com

About HAKI Safety AB (publ)
HAKI Safety is an international industrial group focusing on safety products and solutions that create safe conditions for everyone working in demanding environments. The Group has annual revenues of about SEK 1 billion and has been listed on Nasdaq Stockholm Small Cap since 1989. HAKI Safety offers a wide range of products and solutions within work zone safety, system scaffolds, and digital and technical solutions that help customers achieve safety and efficiency in their various environments.

IMPORTANT INFORMATION

The information contained in this press release does not constitute an offer to acquire, subscribe for, or otherwise trade in shares or other securities in HAKI Safety. An invitation to relevant individuals to subscribe for shares in HAKI Safety will only be made through the information document that HAKI Safety will publish. No actions have been taken, or will be taken, by HAKI Safety to permit a public offering in any jurisdiction other than Sweden.

This press release may not be made public, published or distributed, either directly or indirectly, in or into Australia, Belarus, Hong Kong, Japan, Canada, New Zealand, Russia, Switzerland, Singapore, the United Kingdom, South Africa, the United States, or any other jurisdiction where such action, in whole or in part, would be subject to legal restrictions or would require additional prospectuses or information documents, registration, or other measures beyond those required by Swedish law. The information in this press release may not be forwarded or reproduced in a manner that is inconsistent with such restrictions or would entail such requirements. Any violation of these instructions may constitute a breach of applicable securities laws. Neither subscription rights, paid and subscribed shares, nor new shares issued in the offering have been or will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered, subscribed for, exercised, pledged, sold, resold, delivered, or transferred, directly or indirectly, in or into the United States, except pursuant to an applicable exemption from the registration requirements of the Securities Act. The offering is also not directed to persons residing in Australia, Belarus, Hong Kong, Japan, Canada, New Zealand, Russia, Switzerland, Singapore, the United Kingdom, South Africa or any other jurisdiction where participation would require additional prospectuses or information documents, registration, or other measures beyond those required by Swedish law.

Forward-looking Statements
This press release contains certain forward-looking statements that reflect HAKI Safety’s current views and expectations regarding future events, as well as financial and operational performance, including statements relating to the Rights Issue and statements concerning guidance, planning, future prospects, and strategies. Words such as "intends”, "assesses", "expects", "plans", "estimates", "may", and other expressions indicating forecasts or predictions regarding future developments or trends and which are not based on historical facts, constitute forward-looking information. Although HAKI Safety believes that these statements are based on reasonable assumptions and expectations, HAKI Safety cannot guarantee that such forward-looking statements will materialize. As these forward-looking statements involve both known and unknown risks and uncertainties, actual outcomes may differ materially from those expressed in the forward-looking information. Forward-looking statements in this press release apply only as of the date of the press release and may change without notice. Potential investors should not place undue reliance on the forward-looking statements in this press release. Potential investors are strongly recommended to read those sections of the information document that contain more detailed descriptions of the factors that may affect the Company’s operations and the market in which the Company operates. The Company undertakes no obligation to publicly update or revise forward-looking statements due to new information, future events, or similar circumstances beyond what is required by applicable laws or stock market regulations.