The exercise price for the warrants of series (2020

1) TO1 B in Terranet has been determined to SEK 0.72 and the subscription period starts today, October 12, 2020 - Seite 2

Exercise price: SEK 0.72 per share.

Last day for trading warrants of series TO1 B: October 16, 2020.

Note that the warrants that are not exercised at the latest October 23, 2020, or sold at the latest October 16, 2020, will expire without value. For the warrants not to lose their value, the holder must actively subscribe for new shares or sell the warrants.

How warrants are exercised:

Nominee-registered warrants (Custody account)

Subscription and payment by exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information.

Direct-registered warrants (Securities account)

No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form.
The warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office.

The application form including instructions for payment will be available at Terranet’s website, www.terranet.se, and on the Mangold Fondkommission AB’s website, www.mangold.se.

Advisers
Mangold Fondkommission is the financial adviser for Terranet regarding the warrants.

For questions regarding the warrants, please contact:
Mangold Fondkommission AB
Tel: [phone]
E-mail: [e-mail]

For further information about Terranet, please contact:
Mattias Larsson, CFO
[e-mail]
Tel: [phone]

About TerraNet
TerraNet has a strategic focus in active safety and develops software for radio-based solutions, as well as three-dimensional image analysis for advanced driver support and self-driving vehicles (ADAS and AV). TerraNet is headquartered in Lund (Sweden) with an engineering unit in Kyiv (Ukraine), Stuttgart (Germany) and Los Gatos, California. TerraNet Holding AB (publ) is listed on the Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B.ST). Learn more at https://terranet.se.

Certified Adviser: Mangold Fondkommission AB, 08-503 015 50, [e-mail].

Important information
The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in TerraNet in any jurisdiction, neither from TerraNet nor anyone else.