Brief Information from Numisbing's Annual General Meeting July 22, 2020

It was stated at the meeting that 25,967,552 votes out of a total of 44,525,346 votes were represented. Thus, 58.32 percent of the votes were represented. The Annual General Meeting was conducted through a so-called hybrid annual meeting where shareholders in digital could pre-utilize voting at the Annual General Meeting or physically directly at the Annual General Meeting. 72 shareholders had attended the Annual General Meeting.

The outbreak of Covid 19 and a complete "lock-down" in the United Arab Emirates, where most of the company's operations are located, obviously affected Numisbing's revenues significantly in the last three months until a week ago. This is the reason why the AGM did not decide this year not to endorse the usual generous dividend on the shareholders' shares. Earnings in the previous year of just over SEK 11 million speak for themselves as a successful year.

However, the rare coin market is still very strongly related to the downturn in the world economy. Auction prices on the world market for rare coins and banknotes are rising strongly in terms of both valuations and final prices at the various auctions held at the various international auction houses. The extensive collections owned through collectible funds, in which Nusmisbing is part owner and procures coins and banknotes on assignment, are in an upward trend in value. The more troubled the stock market is, the more interest in numismatic collections increases.At the Annual General Meeting, Numisbing's management announced that it is looking bright at the outlook for the second half of 2020. As the world moves towards recession, where investors lose confidence in traditional investments, the demand for alternative investments such as gold, art and other rare objects rises. Numisbing's management saw such a trend in 2008 and the pattern seems to be repeating during 2020. This means that the value is likely to increase for Numisbing's shares in the upcoming stock exchange listing as well as the value of the assets contained in "Collectibles funds".
A new board was elected;

Lars Wolf, member and chairman of the board

Ramkumar Sarangapani, Member and CEO

Anthony Godinho, Member

Ramesh Chandrasekaran, new member

Lars Wolf used to be the CEO of the parent company but switches place with the main owner Ramkumar Sarangapani in terms of this position and instead now becomes the main owner CEO of the parent company.

Ramesh Chandrasekaran has previously had the experience of being a member of listed companies in Canada.

Regarding board fees, SEK 200,000 is paid to the Chairman of the Board and SEK 100,000 each to Anthony Godinho and Ramesh Chandrasekaran. No remuneration is paid to Ramkumar Sarangapani as he is paid in the companies as CEO.

As auditor for the time until the next AGM, Moore KLN AB was re-elected with Ludvig Kollberg, as auditor in charge.

The Meeting resolved on authorization for the Board to decide on a new issue of shares, warrants and / or convertibles to be valid until the next Annual General Meeting due to the imminent listing of the company.

Moderbolaget / Parent company
Numisbing AB (publ)
Box 39
17821 EKERÖ
08- 560 325 50

Digital aktiebok innan notering / Digital share register before listing
Nordiska Värdepappersregistret, NVR
Besöksadress: Kungsportsavenyn 21
Postadress: Box 3116

100 % ägt dotterbolag / subsidierades 100 % owned
Numisbing Ltd.
Al Maktoum Street, Deira
United Arab Emirates
+971 4 295 2578

Medlemsföretag hos Euroclear som ansluter bolagets aktie inför noteringen
Eminova Fondkommission AB
Biblioteksgatan 3, 3 tr.
08-684 211 00

Revisor / Auditor
Moore Stephens KLN AB
Besöksadress: Lilla Bommen 4A
SE-41104 Gothenburg,
+46 (0)31-739 13 00
Ludvig Kollberg, Authorised Public Accountant and Partner

Investor Relations
Delecta Financial Events AB
Långgatan 4, 27660 Skillinge
0708-14 44 00

Rådgivare / Advisor
Big Ben Venture Partners Ltd.
Octagon Point, St Paul's
5 Cheapside
London, UK EC2V 6AA
United Kingdom
+44 (0)20 36 08 01 08