Stabilisation notice

As announced in connection with the offering to acquire newly issued and existing shares in the Company and the listing of the Company’s shares on Nasdaq First North Premier Growth Market (the ”Offering”), ABG may, acting as Joint Global Coordinator and stabilisation manager, carry out transactions aimed at supporting the market price of the shares at levels above those which might otherwise prevail in the market.

Stabilisation transactions may be undertaken on Nasdaq First North Premier Growth Market in the over-the-counter market or otherwise, at any time during the period from the date of commencement of trading in the shares on Nasdaq First North Premier Growth Market, 23 June 2021, and ending no later than 30 calendar days thereafter. However, the Joint Global Coordinator has no obligation to undertake any stabilisation measures and there is no assurance that stabilisation measures will be undertaken. Under no circumstances will transactions be conducted at a price higher than the one set in the Offering, i.e. SEK 60.

Xygen AB[1] (“The Selling Shareholder”) a company indirectly owned by Peas Industries AB, Altor Fund V (No.1) AB and Altor Fund V (No.2) AB has granted Joint Global Coordinator an over-allotment option which may be utilised in whole or in part for 30 days from the first day of trading of the Company's shares on Nasdaq First North Premier Growth Market to sell up to 10,930,473 shares corresponding to up to 15 percent of the total number of shares in the Offering, at a price corresponding to the price in the Offering, i.e. SEK 60 per share, to cover any over-allotment in connection with the Offering.

ABG has, in its capacity as stabilisation manager, notified that stabilisation measures have been undertaken in accordance with article 5(4) of the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 on Nasdaq First North Premier Growth Market, as specified below. The contact person at ABG is Erik Skog (tel: +46 8 566 29 471, e-mail: erik.skog@abgsc.se).

Stabilisation information:
Issuer:	OX2 AB (publ)
Securities:	Shares (ISIN: SE0016075337)
Offering size:	72,869,824 shares
Over-allotment option:	10,930,473 shares
Offer price:	SEK 60
Ticker:	OX2
Stabilisation manager:	ABG Sundal Collier AB

Stabilisation transactions:
Date	Quantity, shares	Price (highest)	Price (lowest)	Price (volume weighted average)	Curr-ency	Trading venue
5 July 2021	228,796	59.00	58.00	58.64	SEK	Nasdaq First North Premier Growth Market
6 July 2021	273,208	59.00	58.00	58.69	SEK	Nasdaq First North Premier Growth Market
7 July 2021	49,069	59.20	58.80	59.16	SEK	Nasdaq First North Premier Growth Market
8 July 2021	61,000	58.40	58.00	58.31	SEK	Nasdaq First North Premier Growth Market
9 July 2021	125,000	58.40	58.20	58.29	SEK	Nasdaq First North Growth Market
12 July 2021	126,232	58.60	57.80	58.46	SEK	Nasdaq First North Growth Market
14 July 2021	90,088	57.80	57.00	57.39	SEK	Nasdaq First North Growth Market

For more information, please contact:

Mikael Östlund
Acting Head of Communications OX2
Tel. +46 855 931 011
press@ox2.com

This information is information that OX2 is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been made public through the agency of the contact person set out above, at 19.00 on 14 July 2021.

About OX2
OX2 develops and sells wind and solar farms. OX2 has taken a leading position in large-scale onshore wind power over the past 16 years and has developed and sold approximately 2.5 GW in Sweden, Finland, Poland and Norway for clients such as Allianz, Ardian and IKEA. Between 2014 and 2020, OX2 realised more onshore wind power in Europe than any other developer. By constantly increasing access to renewable energy, OX2 is promoting the transition towards a more sustainable future. OX2 has operations in Sweden, Finland, Poland, France, Lithuania, Norway, Spain, Italy and Romania with its headquarters in Stockholm, Sweden. Sales in 2020 was SEK 5,201 million with an EBIT of SEK 416 million. The OX2 share is listed on Nasdaq First North Premier Growth Market. For more information, please visit: http://www.ox2.com