Change in Modulight Corporation’s holding of treasury shares and annulment of option rights

Modulight Corporation issued 815,859 new shares and 852,758 option rights to its employees in a personnel share issue in September 2021. The issuance of shares was carried out in deviation from shareholders’ pre-emptive right (directed issue) in order to engage and retain employees.
 
Modulight Corporation has today acquired a total of 79,816 shares subscribed in the personnel share issue from an employees whose employment with Modulight Corporation has ended, in accordance with the terms and conditions of the directed share issue. The purchase price is EUR 0.32 per share, which is the original subscription price. In addition, Modulight Corporation annuls 79,989 option rights which have been returned to the possession of Modulight Corporation due to an ended employment.
 
The shares were acquired on 30th of December 2024. After the acquisition, Modulight Corporation holds a total of 79,816 new treasury shares. After the annulment of the option rights, Modulight Corporation does not hold any option rights.