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Regulatory press release

Scandinavian Astor Group AB: Astor Group announces outcome of the shareholders' preemptive rights and completes its investment in Nordic Shield Group - increases ownership to approximately 36.5%

Scandinavian Astor Group
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Scandinavian Astor Group AB (publ) ("Astor Group" or the "Company") announces today the outcome of the shareholders' preemptive rights in the previously announced investment in the associated company Nordic Shield Group AB ("NSG"). Through the acquisition of 195,000 shares, Astor Group increases its ownership from approximately 36 percent to approximately 36.5 percent in NSG. Payment for the shares will be made in cash in the amount of approximately SEK 2.3 million.

The investment has been made in accordance with the agreement announced on October 2, 2025. The conditions for shareholders' preemptive rights have now been fulfilled, and the company has thus acquired 195,000 shares, with payment for the shares being made in cash of approximately SEK 2.3 million. Following the transaction, Astor Group owns a total of 15,939,691 shares in NSG, corresponding to total ownership of approximately 36.5%.

About Nordic Shield Group
Nordic Shield Group, including the operations of Cesium, NEZ, and NSG's proprietary solutions, offers specially high-level protective and secure structures, such as shelters, data centers, and containers. The systems are developed to meet modern threats such as intrusion, sabotage, and electromagnetic pulse (EMP), with a focus on mobility and rapid deployment. NSG is an associated company of Scandinavian Astor Group.

Scandinavian Astor Group - Strength and security in all elements

For further information, please contact:
Scandinavian Astor Group's CEO Mattias Hjorth
E-mail:
ir@astorgroup.se

Please note that this is an English translation of a press release written in Swedish by Scandinavian Astor Group AB (publ), in the event of any inaccuracies, the Swedish version applies.

About Scandinavian Astor Group AB (publ)
Scandinavian Astor Group is a Swedish defense group shaping the future of security and protection. Through its three business areas - Astor Tech, Astor Industry and Astor Protect - the Group delivers advanced technology, high-quality components and critical security solutions to primarily the defense, industry and public safety sectors. Astor Group is listed on NGM Nordic SME (ticker: ASTOR) and Boerse Stuttgart. The Company is headquartered in Stockholm, Sweden. For more information about Astor Group's business, visit: www.astorgroup.se

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