eFashion Championship PTE Ltd (“eFC”), principal shareholder of Inzile AB (publ) (“Inzile”), pursues its ambition to strengthen Inzile’s ownership structure by adding strategic investors, who add value to the company and its business activities. This will be accomplished through selected investors’ participation and alliances that increase Inzile’s revenues, extend its product portfolio as well as improve its commercial margins.

German businessman Hakan Koc has acquired 938,967 shares at SEK 21.30, through a purchase of a block of shares from eFC. Hakan Koc is co-founder and one of the main shareholders of one of the largest listed automotive trade companies in Germany. Hakan Koc will together with Enrique Bañuelos, owner of eFC, support Inzile in entering the US electromobility market through the establishment of a new investment company, managed by Inzile and scheduled to be registered during the first quarter of 2022.

British businesswoman Li Ru has acquired 666,667 shares at SEK 22,00 SEK through a purchase of a block of shares from eFC. Li Ru belongs to an important Chinese family who owns and manages various businesses, e.g. international visas, an activity carried out with the world leader VFS. Li Ru will, in collaboration with eFC, support Inzile with relations on the Chinese market, focused on automotive companies and supplies of material and components.

The above presented share transactions broadens the ownership structure of Inzile and strengthens the company through the presence of international investors with a long-term investment perspective.

For further information, please contact:

Yago Mendez, CEO Inzile, yago.mendez@inzile.com, +46 490 199 99

Peter Wergens, CFO Inzile, peter.wergens@inzile.com, +46 73 325 75 04