(0) The Board of NAXS AB (the "Company") has received a letter from QVT Financial LP, on behalf of Tompkins Square Park S.a`.r.l. holding 68,2% of the Company's shares requesting that the Board calls an EGM to replace the entire Board of NAXS. In accordance with the Swedish Companies Act (Sw. aktiebolagslagen) the Company will publish a notice to convene an EGM no later than 24 May 2021. The Board of Directors of NAXS AB Contact information: Telephone: +46 73 311 00 11 This information is information that NAXS AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 23.30 CET on May 17, 2021.