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Regulatory press release

Meltron receives further order from forestry industry in Finland

Meltron

MELTRON RECEIVES FURTHER ORDER FROM FORESTRY INDUSTRY IN FINLAND

Meltron has secured another order in excess of 55,000 EUR from one of our larger and most important customers, a global forestry company and one of the largest companies in Finland. The customer has now ordered Meltron's advanced LED High-Bay systems, which is designed for large industry halls, for a new plant. The customer already has one large installation and is very satisfied.

- Following a small test installation on site the Meltron High-bay system was selected on the basis of quality, energy efficiency and especially the light optics, which improves light distribution without glare, says Jarmo Korpisalo, Meltron sales in Finland. Deliveries will be in the spring.

- Our customers evaluate lighting solutions not only based on energy and cost reductions but also basd on improvements in productivity and safety. This gives Meltron a good position as Meltron's products are characterized by very good optical performance and light distribution, says Stefan Kåla, the new CEO of Meltron.

The customer values the light quality and now wishes to develop the relationship with Meltron by a frame agreement with set prices for continuous purchases.

Stockholm 10 March 2022

For more information, please contact:

Stefan Kåla, CEO for Meltron AB, ph: +358 50 410 7802; stefan.kala@meltron.fi
Jarmo Korpisalo, sales Meltron Oy, ph +358 40 554 1806; jarmo.korpisalo@meltron.fi

Meltron AB, Malmgårdsvägen 63, SE-116 38 Stockholm
Meltron Oy, Laivakatu 3, FI-00150 Helsinki
Read more at www.meltron.com

The following documents can be retrieved from beQuoted
Meltron Pressrelease 2022-03-10 en.pdf

About Meltron - "More than Just Light"

Meltron AB designs, manufactures and sells LED lighting solutions which are based on interdisciplinary application of electronics, optics, thermodynamics and nano structures. "More Than Just Light" translates into energy savings, superior light quality, product life-time savings, increased productivity, safety and wellbeing. Meltron provides high quality solutions for the most demanding environments in infrastructure, industry, logistics and agriculture.

Meltron's shares are traded on NGM Nordic MTF under the ticker MLTR.

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