March 11, 2026
Huddly AS – Minutes from Extraordinary General Meeting
Oslo, 11 March 2026: Reference is made to the stock exchange announcement by Huddly AS (“Huddly” or the “Company”, ticker: HDLY) on 25 February 2026, regarding notice of an extraordinary general meeting in the Company. The extraordinary general meeting was held today on 11 March 2026 at 10:00 (CET). The extraordinary general meeting resolved to (i) approve a share capital increase related to the issuance of 3,750,000 new shares (the "Private Placement"), and (ii) authorise the board of directors to issue new shares in connection with the subsequent offering.
Settlement of the shares allocated to investors in the Private Placement is expected to take place on or about 13 March 2026 on a delivery-versus-payment ("DVP") basis. The DVP settlement is facilitated by delivery of existing and unencumbered shares in the Company already admitted to trading on Euronext Growth Oslo, pursuant to a share lending agreement between the Company, Pareto Securities AS (the "Manager"), Sonstad AS and Kolberg Motors AS. The shares allocated to the investors in the Private Placement are thus tradable as of this announcement.
Following registration of the share capital increase pertaining to the Private Placement with the Norwegian Register of Business Enterprises, the Manager will settle the share loan from Sonstad AS and Kolberg Motors AS with the new shares issued at the general meeting. The new shares will be issued under the same ISIN number as the Company's existing shares.
Please see attached a copy of the minutes from the general meeting.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further, information, please contact:
Abhijit Banik, CFO
Mobile: +47 408 30 964
E-mail: abi.banik@huddly.com
About Huddly
Disruptive innovation is our heartbeat at Huddly. We're committed to pushing technology and challenging the status quo in order to empower human collaboration. Combining our industry-leading expertise in artificial intelligence, software, hardware, and UX, we craft intelligent camera systems that enable inclusive and productive teamwork. Huddly cameras are designed to provide high-quality, AI-powered video meetings on major platforms, including Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable hardware, and engaging user experiences, they are the ideal choice for organizations seeking a future-proof, scalable, and sustainable solution. Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the US and EMEA and distribution globally.