Sleep Cycle AbOMXSTO: SLEEP

Sleep Cycle Board Unanimously Recommends Shareholders Not To Accept Public Cash Offer By Altor

· Issued by Sleep Cycle Ab

Sleep Cycle AB (publ) OMXSTO:SLEEP:

  • THE BOARD OF DIRECTORS OF SLEEP CYCLE UNANIMOUSLY RECOMMENDS THE SHAREHOLDERS NOT TO ACCEPT THE PUBLIC CASH OFFER BY ALTOR

  • BOARD SAYS OFFER DOES NOT ADEQUATELY REFLECT COMPANY VALUE

  • OFFER PRICE REPRESENTS 47% PREMIUM TO MAY 8, 2026 CLOSING PRICE

  • OFFEROR OBTAINS IRREVOCABLE UNDERTAKINGS FROM HOLDERS OF 62.9% OF SLEEP CYCLE SHARES

  • OFFER VALUES SLEEP CYCLE AT ABOUT SEK 497 MILLION

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