Press release, Stockholm, 25 September 2020 Qliro Group’s Board of Directors
will today convene an Extraordinary General Meeting on October 26, 2020 to
resolve upon the distribution of all the shares in the wholly owned subsidiary
CDON AB (“CDON”) to Qliro Group’s shareholders. Provided that the Extraordinary
General Meeting resolves upon the distribution, CDON’s shares are expected to be
admitted to trading on Nasdaq First North Growth Market. On Monday September 28,
2020, a previously convened Extraordinary General Meeting in Qliro Group will
resolve upon a proposal to distribute the shares in Qliro AB to Qliro Group’s
shareholders. The proposed distributions of Qliro AB and CDON mean that Qliro
Group will be split into three independent listed companies. After this, Nelly
remains in Qliro Group which will change its name to Nelly Group.