Ekobot announces outcome of exercise of warrants of series TO1

On May 3, 2022, the period for exercising warrants of series TO1 for subscription of shares in EKOBOT AB (publ) (“Ekobot” or “the Company”) ended. No warrants were exercised.

Each warrant of series TO1 entitled to subscribe for one (1) new share in the Company at a subscription price of SEK 22.00 during the period from and including 19 April 2022 to and including 3 May 2022. No warrants were exercised and thus no new shares with the support of the warrants of series TO1.

About Ekobot

Ekobot AB (publ), based in Västerås, conducts business based on the business concept of developing, manufacturing and selling autonomous agricultural robots that enable efficient precision cultivation where weed management takes place completely without or with minimal use of herbicides. The company's vision is to provide the agricultural sector with a long-term sustainable alternative for reducing or completely eliminating chemical spraying in crops of crops for human consumption. The company is listed on the Nasdaq First North Growth Market.

For more information, see Ekobot's website www.ekobot.se

Augment Partners AB, tel. +46 8 604 22 55, e-mail: info@augment.se is the Company's Certified Adviser.

Ekobot announces outcome of exercise of warrants of series TO1

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