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Regulatory press release

Trustee for Seluxit appointed

Seluxit

27.6.2024 11:54:43 CEST | Seluxit | Company Announcement

Company announcement no. 70 - this message contains inside information

In continuation of the company announcement of June 25, 2024 about Seluxit A/S' filing for bankruptcy, the Bankruptcy Court in Aalborg ("the Bankruptcy Court") has today at 11.12 am issued a bankruptcy order against Seluxit A/S.

The Bankruptcy Court has appointed trustee Anders Braad, a lawyer at Haugaard|Braad Advokatpartnerselskab. Seluxit's management and board of directors have resigned today for the same reason.

The bankruptcy decree is expected to be published in the Danish Official Gazette (Statstidende.dk) as soon as possible.

The trustee will form an overview of Seluxit's assets and liabilities. Creditors and anyone who has a claim or other claim against Seluxit must follow the instructions that will appear in the Bankruptcy Court's notice in the Official Gazette.

As regards questions from Seluxit's investors, the trustee will issue a separate company announcement with additional information about the process going forward.

Inquiries regarding this announcement should be directed to:

Trustee Anders Braad, who can be contacted by attorney Andreas Lybech, al@haugaardbraad.dk and case manager Maria Lund, ml@haugaardbraad.dk

Contact:

Haugaard|Braad Advokatpartnerselskab

Skibbrogade 3, 3.

9000 Aalborg, Denmark

Phone:

+45 98775030

www.haugaardbraad.dk

About Seluxit

Seluxit connects things to the internet to optimize systems, save resources and save money. That makes sense for the economy, for the environment and for society.

Seluxit’s unique standards-based approach to IoT reduces development time and development costs, and thereby minimizes risks.That gives our customers a fast path to both saving and earning money, because their solution enters the market quickly.

Our end-to-end IoT solutions create value in many ways including optimizing energy usage, improving service efficiency, and allowing for more effective training.

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