THE INFORMATION IN THIS PRESS RELEASE MAY NOT BE ANNOUNCED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, INTO AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED KINGDOM, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE THE RELEASE, PUBLICATION OR DISTRIBUTION OF THE INFORMATION WOULD BE CONTRARY TO OR REQUIRE REGISTRATION UNDER APPLICABLE REGULATIONS.

Lumito AB (publ) ("Lumito" or the "Company") has completed a rights issue of units up to approximately SEK 60 million (the "Rights Issue"). The Rights Issue was subscribed to approximately 60 percent, corresponding to SEK 35.9 million before deduction of issue costs and set-offs, and thus a total of 79,769,443 units were issued in the Rights Issue, corresponding to 1,435,849,974 shares and 957,233,316 warrants of series TO7. The first day of trading for warrants of series TO7 is Friday November 28, 2025.

The Rights Issue is now registered with the Swedish Companies Registration Office. The last day of trading in BTU is Monday November 24, 2025. The record date for the conversion is Wednesday November 26, 2025, after which BTUs will be converted into shares and warrants of series TO7.

The shares and warrants subscribed for in the Rights Issue are expected to be available on the subscriber's custodian/vp account on Friday November 28, 2025.

The first day of trading for warrants of series TO7 is Friday November 28, 2025.

Each warrant of series TO7 entitles the holder to subscribe for one (1) new share in the Company. The subscription price for subscription of shares by virtue of the warrants of series TO7 amounts to 70 percent of the volume-weighted average price of the Company's share during the period from and including May 7, 2026 up to and including May 21, 2026, however, not less than the quota value of the share (currently SEK 0.025) and not more than SEK 0.031. The warrants can be exercised for subscription of new shares during the period from and including May 25, 2026, up to and including June 5, 2026.

ISIN code BTU: SE0026599847
ISIN code for warrants of series TO7: SE0026599912

Advisers
Mangold Fondkommission AB is acting as financial advisor and Advokatfirman Lindahl KB is acting as legal advisor to Lumito in connection with the Rights Issue.