Core Viewpoint - Terranet AB has successfully completed a rights issue that was oversubscribed, raising approximately SEK 15 million before issue costs, indicating strong shareholder confidence in the company's future development [2][3][5]. Rights Issue Outcome - The subscription period for the rights issue ended on June 11, 2025, with 10,349,896 units subscribed for with unit rights, representing about 74.6% of the rights issue [3]. - An additional 4,704,934 units were subscribed without unit rights, corresponding to approximately 33.9% of the rights issue, leading to a total subscription of 15,054,830 units, or approximately 108.5% of the rights issue [2][3]. Financial Impact - The rights issue will increase the number of shares by 166,568,568 B-shares, raising the total share capital from SEK 14,715,191.82 to SEK 16,380,877.50 [7]. - If all warrants of series TO9 B are exercised, the number of shares will further increase by 83,729,677 B-shares, raising the share capital to SEK 17,218,174.270 [8]. Warrants and Trading - Each warrant of series TO9 B allows the holder to subscribe for one new B-share at a price of SEK 0.18, with the subscription period set from December 1, 2025, to December 15, 2025 [9]. - Trading in paid subscribed units (BTU) will occur on Nasdaq First North Premier Growth Market until June 30, 2025, or until conversion into B shares and warrants [10]. Company Development - The proceeds from the rights issue will enable the company to advance its product and business development, particularly in the commercialization of its anti-collision system, BlincVision [6]. - Terranet aims to enhance urban traffic safety through innovative solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [14].

Company Overview - Terranet AB focuses on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) aimed at enhancing urban traffic safety [7] - The company is headquartered in Lund, Sweden, with additional offices in Gothenburg and Stuttgart, and has been listed on Nasdaq First North Premier Growth Market since 2017 [8] Rights Issue Details - The Rights Issue involves a maximum of 13,880,714 units, with each unit consisting of twelve B-shares and three warrants of series TO9 B, issued free of charge [9] - The subscription price is set at SEK 1.08 per unit, equating to SEK 0.09 per B-share, and is expected to raise approximately SEK 15 million before costs [9] - Shareholders will have preferential rights to subscribe, with one existing share granting one unit right, and eighty-six unit rights needed to subscribe for one unit [9] - The subscription period runs from May 27, 2025, to June 11, 2025, with trading in unit rights occurring from May 27, 2025, to June 5, 2025 [4][9] Financial Commitments - The Rights Issue is fully covered by subscription commitments of approximately SEK 35.2 thousand (0.2% of the Rights Issue) and underwriting commitments of about SEK 15 million (99.8% of the Rights Issue), totaling 100% coverage [9]

Company Overview - Terranet AB aims to enhance urban traffic safety through innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [7] - The company's anti-collision system, BlincVision, can laser scan and detect road objects up to ten times faster than existing ADAS technologies [7] Rights Issue Details - The subscription period for Terranet AB's rights issue runs from May 27 to June 11, 2025 [1] - Trading with unit rights will occur from May 27 to June 5, 2025, and trading in paid subscribed units (BTU) will take place from May 27 to June 30, 2025 [5] - The preliminary date for the publication of the outcome of the rights issue is set for June 13, 2025 [5] Investor Meeting - A digital investor meeting is scheduled for June 3, 2025, at 14:00 CEST, where CEO Lars Lindell will present the company's latest progress, including the development of BlincVision and plans for the launch of the Minimum Viable Product (MVP) [2][3] - Participants will have the opportunity to ask questions in real-time via the chat function during the meeting [2] Registration and Contact Information - Interested parties must register for the meeting by emailing corporatefinance@mangold.se by June 2, 2025 [3] - Questions can be submitted in advance and will be addressed during the Q&A session if time permits [3] - For further inquiries, contact Lars Lindell, CEO, via email at lars.lindell@terranet.se [7] Advisory Information - Mangold Fondkommission AB serves as the financial advisor for the rights issue, while Eversheds Sutherland Advokatbyrå AB is the legal advisor [6]

Core Points - The annual general meeting of Terranet AB was held on May 23, 2025, in Lund, where several key resolutions were made regarding the company's financials, board elections, and capital structure [1]. Financial Resolutions - The income statement and balance sheet for the financial year 2024 were adopted [2]. - The meeting decided to allocate the profits in accordance with the board's proposal, carrying the result forward [3]. - The members of the board of directors and the CEO were discharged from liability for the financial year 2024 [4]. Board and Auditor Elections - The board of directors will consist of five members, with Torgny Hellström re-elected as chairman [5]. - Ernst & Young AB was elected as the company's auditor, with Martin Henriksson as the auditor in charge [6]. Amendments to Articles of Association - The share capital was amended to a minimum of SEK 14,500,000 and a maximum of SEK 58,000,000, and the number of shares was adjusted to a minimum of 450,000,000 and a maximum of 5,800,000,000 [8]. Share Issues - The board's resolution for a directed share issue of up to 5,461,210 units was approved, potentially increasing share capital by a maximum of SEK 1,802,199.30 [9]. - A rights issue of a maximum of 13,880,714 units was also approved, with a potential increase in share capital by a maximum of SEK 1,665,685.68 [12]. Authorization for Future Issues - The board of directors was authorized to decide on new issues of shares, warrants, and convertibles, allowing for flexibility in raising new capital [15][16]. Minor Adjustments - The board was authorized to make minor adjustments to the resolutions adopted at the annual general meeting as necessary for registration [17]. Company Overview - Terranet AB focuses on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), aiming to enhance urban traffic safety [18].

Core Insights - The company has successfully validated the Proof of Concept (PoC) for its BlincVision technology in collaboration with MobilityXlab, showing promising results in defined test scenarios [1][7] - The transition from prototype to Minimum Viable Product (MVP) is ongoing, with a focus on requirement specification, design improvements, and increasing system maturity [2][8] - A new CEO, Lars Lindell, has taken over, emphasizing the company's commitment to commercializing its technology and setting strategic goals for 2026 [3][14] - The company secured new financing totaling SEK 40 million, which includes a directed share issue of SEK 25 million and a rights issue of SEK 15 million, aimed at strengthening its financial position [10][11] - The company is intensifying efforts to strengthen its patent portfolio as part of the MVP development, with proprietary patent applications already in progress [5][6] Financial Overview - For Q1 2025, the company reported zero revenue, an operating loss of SEK 9,176 thousand, and a closing cash balance of SEK 4,952 thousand [4] - Earnings per share for Q1 2025 remained at -0.01 SEK, consistent with the previous year [4] Development and Commercialization - The MVP is expected to begin testing with selected partners in Q3 2025, including a collaboration with an industrial player in the mining sector [9] - The company is focused on addressing technical challenges and enhancing the functionality of BlincVision as it moves towards customer deliveries [5][8]

Group 1 - The Board of Directors of Terranet has postponed the publication date of the interim report for Q1 2025 to May 19, 2025, from the previously communicated date of May 8, 2025 [1] - The postponement is due to delays in completing the report caused by ongoing work on a capital raise, which includes a directed share issue combined with a rights issue of shares [1] - The capital raise aims to secure the company's liquidity for 2025 and was announced on April 16, 2025 [1] Group 2 - Terranet AB focuses on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [2] - The company's anti-collision system, BlincVision, can scan and detect road objects up to ten times faster than existing ADAS technologies [2] - Terranet is headquartered in Lund, with additional offices in Gothenburg and Stuttgart, and has been listed on Nasdaq First North Premier Growth Market since 2017 [3]

N.B. THIS ENGLISH TEXT IS AN UNOFFICIAL TRANSLATION OF THE SWEDISH ORIGINAL OF THE NOTICE TO ATTEND THE EXTRAORDINARY GENERAL MEETING IN TERRANET AB, AND IN CASE OF ANY DISCREPANCIES BETWEEN THE SWEDISH AND THE ENGLISH TRANSLATION, THE SWEDISH TEXT SHALL PREVAIL. The shareholders of Terranet AB, reg. no. 556707-2128, (the "Company") are hereby invited to the Annual General Meeting on 23 May 2025 at 14.00 at Mobilvägen 12, Bricks building, room "Oktagonen", Lund. Registration will commence at 13.45 p.m. ELIG ...