Bulletin from Extraordinary General Meeting in Artificial Solutions International AB

Published 2023-01-30. Full text hosted on this site for Nasdaq First North Rule 4.6. Original notice: MFN.

PRESS RELEASE 30 January 2023 Artificial Solutions International AB (the “Company”) today, on 30 January 2023, held an Extraordinary General Meeting. The Extraordinary General Meeting approved the Board of Directors’ resolution on a rights issue of shares and resolved in accordance with the other proposals connected therewith.

The Extraordinary General Meeting resolved to approve the Board of Directors’ resolution on a rights issue of not more than 144,551,836 shares with preferential rights for the Company's existing shareholders with a subscription price of 1 SEK per share and 1 February 2023 as record date, through which the Company’s share capital is increased by a maximum of SEK 11,000,000.

The Extraordinary General Meeting further resolved to approve the Board of Directors’ proposals:

• to amend the share capital limits in the Company’s articles of association;

• to reduce the share capital in order to decrease the quota value of the Company's shares to enable the rights issue of shares;

• to amend the limits to the number of shares in the Company’s articles of association to enable the rights issue of shares; and

• on a bonus issue to enable the registration of the Extraordinary General Meeting’s resolutions to decrease the share capital and new issuance of shares with the Swedish Companies Registration Office.

About Artificial Solutions

Artificial Solutions® (SSME:ASAI) is the leading specialist in Conversational AI. We enable communication with applications, websites and devices in everyday, humanlike natural language via voice, text, touch or gesture input.

Artificial Solutions’ advanced conversational AI Teneo®, allows business users and developers to create sophisticated, highly intelligent applications that run across 86 languages and dialects, multiple platforms and channels in record time. The ability to analyse and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of data insight that reveal what customers are truly thinking.

Artificial Solutions’ conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, conversational bots, speech-based conversational UIs for smart devices and more. It is already used daily by millions of people across hundreds of private and public sector deployments worldwide.

Artificial Solutions International is listed on Nasdaq First North Growth Market in Stockholm with short name ASAI. Erik Penser Bank is the Company’s Certified Adviser (www.penser.se, tfn +46 (0) 8-463 83 00, e-post certifiedadviser@penser.se).

For more information, please visit www.artificial-solutions.com.