CEO Tobias Byfeldt has today acquired 400,000 warrants in GARO AB (publ).

The acquisition of the warrants has been made in accordance with GARO’s warrant program 2026/2029 resolved at the Annual General Meeting on May 13, 2026, and at market value calculated by an independent valuation agency. The price of the warrant has been set at SEK 2.51.

Each warrant entitles the holder to subscribe for one (1) new ordinary share in GARO in three years at a subscription price of SEK 15,38. Subscription of shares by exercise of warrants may be effected as from
15 August 2029–31 August 2029.

For more information, please contact:
Helena Claesson, CFO +46 (0)70 676 07 50

About GARO
GARO AB (publ) Corp. Reg. No. 556071-7772 is a company that develops, manufactures and markets innovative products and systems for the electrical installations market under its own brand. GARO's customer offering is to provide complete solutions in the product areas of Electrical distribution products, E-mobility, Project business & Temporary Power with a focus on electrical safety, user-friendliness and sustainability. GARO was founded in 1939, has its head office in Gnosjö and is today an international company with operations in several countries. GARO is listed on Nasdaq Stockholm under the ticker name GARO. For more information, see www.garo.se.

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