Everysport Group AB announces outcome of exercise of warrants

Everysport Group AB (publ) ("Everysport" or the "Company") today announces the outcome of the exercise of warrants of series 2023/2025 and of series 2023/2026 (the "Warrants"), which were issued in connection with the resolution at the annual general meeting on May 11, 2023, to implement warrant-based incentive programs. A total of 148,166 Warrants have been exercised by participants in the incentive programs for the subscription of 148,166 shares in the Company at a subscription price of SEK 15 per share. Through the exercise of the Warrants, Everysport will receive approximately MSEK 2.2 before issue costs.

A total of 107,569 warrants of series 2023/2025 have been exercised for the subscription of 107,569 shares at a subscription price of SEK 15 per share. The exercise period for the warrants of series 2023/2025 ran from April 24, 2025, to June 24, 2025.

Furthermore, 40,597 warrants of series 2023/2026 have been exercised for the subscription of 40,597 shares in Everysport at a subscription price of SEK 15 per share. Pursuant to the terms and conditions for the warrants of series 2023/2026, these warrants are to be exercised within a two-month period starting on the day after the Company publishes its Q1 report for the 2026 financial year, and no later than August 1, 2026. However, warrants of series 2023/2026 may be exercised early due to the public takeover offer made to Everysport’s shareholders on June 17, 2025.

Through the exercise of the Warrants, the Company’s total number of shares and votes will increase by 148,166, from 6,256,430 shares to 6,404,596 shares, and the share capital will increase by approximately SEK 148,166 from approximately SEK 6,256,430 to approximately SEK 6,404,596, corresponding to a dilution of approximately 2.3 percent of the total number of shares and votes in the Company.

Subscribed shares by the board of directors, management, and other employees

Below is a summary of the number of shares that have been subscribed for by board members, members of the Company’s management and other employees, through the exercise of warrants.