AINMT AS - Minutes of extraordinary general meeting

16 June 2017 – The extraordinary general meeting of AINMT AS was held 16 June 2017. All matters were approved by the shareholders.

Reference is made to the notice of the extraordinary general meeting (EGM) dated 9 June 2017 and the announcement dated 15 June 2017 regarding the private placement in AINMT AS (AINMT). The private placement was approved by the EGM.

AINMT has decided to issue 2 225 416 new shares at a price of NOK 110 per share. The proceeds will be used to subscribe for the same amount of new shares in AINMT Holdings AB. The total number of shares in AINMT AS will be 49 334 039 following the completion of the private placement.

The gross proceeds to AINMT Holdings AB will be the equivalent of NOK 634 999 860 (approximately USD 75 million) following the issuance of 5 772 726 shares. AINMT AS will hold 39.0% of the shares in AINMT Holdings AB following the completion of the equity issue in AINMT Holdings AB.

Jörg Mohaupt (director of the board of AINMT AS and non- executive director of the board of AINMT Holdings AB) and existing shareholders Evermore Global Value Fund and Rasmussengruppen AS had guaranteed subscriptions of approximately NOK 161 million (USD 19 million) in the Private Placement, and have accepted to be scaled back for a total allocation of approximately NOK 99 million (USD 12 million).

The minutes from the extraordinary general meeting are attached. For additional information regarding the private placement, please refer to AINMT's announcement of
15 June 2017, or contact:

Investors: Johan Michelsen, Deputy CEO, AINMT Holdings AB, +47 410 87 000
Media: Endre Aaberg Johansen, Corporate Communications AS, tel: +47 41 61 06 05, email: endre.johansen@corpcom.no