Record dates for allotment of warrants of series TO4 B and TO5 B have been set to May 5 and May 14, 2021, respectively - Seite 2

Upon full exercise of the warrants of series TO4 B Terranet will receive approximately SEK 51.6 million,  based on a subscription price of SEK 3.60. 

Terranet intends to apply for admission to trading of the warrants of series TO4 B on Nasdaq First  North Premier Growth Market.

Warrants of series TO5 B  

In total 12,321,546 warrants of series TO5 B will be issued, of which 6,160,773 warrants will be issued  to the lender Formue Nord Fokus A/S and 6,160,773 warrants will be issued to shareholders of the  Company. 

Each warrant of series TO5 B entitles to owner to subscribe for one (1) new share in the Company for  a price of 70 percent of the volume weighted average price of the Company’s share on Nasdaq First  North Premier Growth Market during the period commencing February 24, 2023, up until and  including March 9, 2023, however not higher than SEK 4.20 and not less than the quota value of the  Company’s share. The subscription period for the subscription of shares through exercise of warrants  of series TO5 B will run from March 13, 2023, up until and including March 24, 2023. 

Upon full exercise of the warrants of series TO5 B Terranet will receive approximately SEK 51.8 million,  based on a subscription price of SEK 4.20. 

Terranet intends to apply for admission to trading of the warrants of series TO5 B on Nasdaq First  North Premier Growth Market. 

Dilution  

Upon full exercise of the warrants of series TO4 B the dilution will amount to approximately 5.13%. 

Upon full exercise of the warrants of series TO5 B the dilution will amount to approximately 4.23%,  (based on the assumption that all warrants of series TO4 B are exercised for the subscription of new  shares). 

Upon full exercise of the warrants of series TO4 B and warrants of series TO5 B the dilution will  amount to approximately 9.14%. 

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, please contact: 

Pär-Olof Johannesson 
Tel: [phone] 
E-mail: [e-mail] 

About Terranet  

Terranet develops software for radio-based solutions and three-dimensional image analysis for advanced driver-assistance systems and autonomous vehicles (ADAS and AD). In-line with Scandinavia’s rich history of bringing innovative safety measures to the automobile industry, Terranet is pioneering breakthrough safety technology VoxelFlow for the ADAS and AD industries at its  headquarters in Lund, Sweden and its development sites in Kyiv, Ukraine and Stuttgart, Germany.  Terranet AB is listed on the Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B.ST). 

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