Investors

The first quarter started positively, with several customer projects from the 150-strong pipeline moving closer to ramp-up and commercial phase. The Advanced segment showed strong momentum during the period. Outlast® Technologies launched its new product Aersulate®, and Matrix Brands is preparing for its upcoming market introduction. Additionally, another customer within the Advanced segment entered the commercial phase through an initial order of two tonnes of Quartzene®. Negotiations are currently ongoing for a long-term supply agreement, with a potential growth in coming the year. Meanwhile, the project portfolio continues to grow and we received additional traction through our participation in the European Coatings Show in March.

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL, REQUIRE REGISTRATION OR OTHER MEASURE PURSUANT TO APPLICABLE LAW. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE. Svenska Aerogel Holding AB (publ) (“Svenska Aerogel” or the “Company”) has completed a rights issue of shares, where the subscription period ended on March 24, 2025 (the “Rights Issue”). The Rights Issue has today, April 2, 2025, been registered with the Swedish Companies Registration Office. The last day of trading in paid subscribed shares (“BTA”) will be April 2, 2025. The record date is April 4, 2025, after which the BTAs will be converted into shares on April 8, 2025. Shares are expected to be distributed to the investors’ VPC accounts/custody accounts on April 8, 2025.

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL, REQUIRE REGISTRATION OR OTHER MEASURE PURSUANT TO APPLICABLE LAW. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE. The board of directors of Svenska Aerogel Holding AB (publ) (“Svenska Aerogel” or the “Company”) today announces the final outcome of the rights issue of shares that the board of directors, based on the authorization of the annual general meeting 2024, decided on February 26, 2025 (the “Rights Issue”). The final outcome shows that the Rights Issue was subscribed to a total of approximately 57.5 per cent, of which 9,671,906 shares, corresponding to approximately 50.9 per cent of the Rights Issue, were subscribed for with subscription rights and 469,901 shares, corresponding to approximately 2.5 per cent of the Rights Issue, were subscribed for without subscription rights.  Further, 784,027 shares, corresponding to approximately 4.1 per cent of the Rights Issue, were subscribed for through the fulfillment of guarantee commitments. Through the Rights Issue, the Company will receive net proceeds of approximately SEK 24.6 million before set-offs and issuing costs.