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News February 23, 2023

Exeger secures a further SEK 179.8 million through directed share issues

Exeger (www.exeger.com), the Swedish deep tech company that produces Powerfoyle®, announces that it has raised further equity capital of approximately SEK 179.8 million against the issuance of 1,634,845 new series B common shares. The new shares were issued at a subscription price of SEK 110 each and to both new and existing institutional shareholders.

ABOUT EXEGER

Exeger is a Swedish company with a unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the world’s only fully customizable solar cell. With its superior design properties, it can be integrated seamlessly into any electronic device.

Powerfoyle enhances every product it is integrated into with extended or even unlimited battery life, putting the power of cutting-edge solar cell technology directly in the hands of people. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with the vision to touch the lives of a billion people by 2030.

For more information visit:

www.exeger.com

www.powerfoyle.com

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Published February 23, 2023