Ad hoc-Mitteilungen

Sinch carries out second part of the directed new share issue of approximately 40 million shares announced on 30 September 2021

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NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, NEW ZEALAND, HONG KONG, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE MAY BE UNLAWFUL, WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES

Stockholm, Sweden –  December 1, 2021 - Sinch AB (publ) (“Sinch” or the “Company”) carries out a directed new share issue through the issuance of 21 million new shares for a total consideration of approximately SEK 3,469 million. The new share issue constitutes the second part of the SEK 6.6 billion new share issue of in total 40,077,841 shares (the “Shares”) announced on 30 September 2021, the proceeds of which are used to partially fund the acquisition of Pathwire. The subscribers consisted of institutional investors, among others the Canada Pension Plan Investment Board (“CPP Investments”), Temasek, SeaTown Master Fund (“SeaTown”), and SB Northstar LP, a fund managed by SB Management, a wholly owned direct subsidiary of SoftBank Group Corp, alongside certain existing shareholders (the “Investors”) committed on 30 September 2021 to subscribe for the Shares at a price of SEK 164.60 per share.

As disclosed in connection with the announcement of the acquisition of Pathwire on 30 September 2021, the Investors undertook to subscribe for shares equivalent to SEK 6.6 billion at a price of SEK 164.60 per share (the “Subscription Price”). The Company’s board of directors has, based on the authorization granted by the annual general meeting on 18 May 2021, resolved to issue 21,077,847 new shares, equivalent to SEK 3,469 million, to the Investors at the Subscription Price. The initial 18,999,994 new shares were issued on 30 September 2021 (at the Subscription Price). The Subscription Price was determined through a negotiation with the Investors.

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