Capital, Momentum, and Scale - Building the Future of BeammWave

About this update from Beammwave Ab Class B

The Swedish summer is finally here, and it will probably be as beautiful and unreliable as it usually is. For many of us, this summer is also defined by the ongoing football World Cup. Having the tournament back in the US brings back vivid memories of that legendary, hot summer of 1994. Back then, the entire country was captivated by Sweden's incredible run, spending long summer nights gathered in pubs and parks to watch the matches together. We are hoping to capture a bit of that same magic and sense of community this year, even if the national expectations might be a little lower this time around.With the highly anticipated match between Sweden and Japan just around the corner, excitement is certainly building. Given our deep strategic ties, growing customer base, and expanding partnerships in the Japanese market, this particular game holds a special place for us at BeammWave. May the best team win!Regardless of the weather or the final score on the pitch, we have fresh capital, and with this comes loads of new energy, momentum, and confidence.At the start of this year, I wrote that 2026 would be our most pivotal year yet. Looking back at the sheer scale of what we have accomplished over the past six months, it is clear that BeammWave is not just meeting that expectation, we are accelerating past it. We asked for your backing to speed up our industrialization, and today I am writing to you from a significantly strengthened, heavily validated company.2026 Mid-Year Strategic HighlightsCapital & Corporate GrowthA Historic - Cost-Effective Capital Raise: We successfully secured almost 100 MSEK in growth capital. Executed from an already strong cash position, this raise was completed with a modest discount and entirely without the need for expensive underwriting guarantees. This underscores both the strength of our position and the cost effectiveness of the transaction. What stands out the most is the overwhelming support from you, our shareholders, alongside the strong backing of current owners, including our largest owner to date, Concejo. The Rights Issue achieved a 276.4% subscription rate.A Significantly Stronger Ownership Base: We have seen a strong increase in our number of owners, now approaching 4,700 shareholders, an increase of nearly 12% year to date. This fantastic growth from the public, while welcoming new tier one institutional investors like...

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