Axel Berntsson sells 29,988 shares in Absolent Air Care Group to repay a loan.

The full value of the proceeds of the sale being used to repay the remaining part of a loan he had taken out to buy options in December 2017 and exercise options in May 2021.

Axel Berntsson remains a major long-term shareholder in Absolent Air Care Group. Following the transaction, he owns 110,021 shares, corresponding to 1% of total shares of the company.

Contact:

Axel Berntsson, CEO and President

Karin Brossing Lundqvist, CFO

Phone: +46 (0) 510 48 40 00

Email: ir@absolentgroup.com

Absolent Air Care Group AB (publ) is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB (publ) is Redeye AB.

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