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2021-11-30

Doro announces record date for distribution of Careium

At the extraordinary general meeting of DORO AB (“Doro”) on 22 November 2021 it was resolved to distribute all shares in the wholly-owned subsidiary Careium AB (publ) (“Careium”) to the shareholders of Doro. The Board of Directors was authorized to determine the record date for the distribution. The record date has now been decided to 7 December 2021.

All shares in Careium will be distributed in proportion to each individual shareholder's holding of shares in Doro on the record date of the distribution. For every (1) share in Doro, one (1) share in Careium is obtained. Shares held in treasury by Doro on the record date carry no entitlement to distribution.

The last day for trading in Doro’s shares, including the right to receive shares in Careium, is 3 December 2021. As of 6 December 2021, Doro's shares will be traded without the right to receive shares in Careium.

Nasdaq Stockholm AB has, provided that customary conditions are met, announced that Careium meets the listing requirements on Nasdaq First North Growth Market. The first day of trading in Careium is expected to be 10 December 2021.

Careium has prepared a company description prior to the listing of Careiums's shares on Nasdaq First North Growth Market. The company description will be available at www.careium.com/en-gb/investors and www.doro.com/en-gb/corporate.
 
Schedule for distribution and listing
3 December – Last day of trading in Doro's shares including the right to receive shares in Careium
7 December – Record date for the distribution of shares in Careium
10 December – Excepted first day of trading in Careium's shares on Nasdaq First North Growth Market

For more information, please contact:


Carl-Johan Zetterberg Boudrie, President & CEO, +46 (0) 70 335 84 49, ir@doro.com

About Doro


Doro is a technology company focused on seniors. We develop services and products for seniors to live independent, fulfilling lives. Our wide portfolio of security and care solutions digitally connect generations and provide solutions for independent living, both inside and outside the home. Doro is the market leader in social alarms in Sweden, Norway and the United Kingdom and the global market leader in mobile phones for seniors. Doro is a Swedish company with headquarters in Malmö and a sales operation in 27 countries. Doro’s shares are quoted on the Nasdaq Stockholm. The company has approximately 1 080 employees and net sales of SEK 1,689 million (EUR 168.0 million) were reported for 2020. Read more about Doro on our website www.doro.com/corporate

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Doro announces record date for distribution of Careium

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