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Interim report Q3 2021

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In Q3 2021, Acconeer's net sales amounted to 7,859 kSEK, and the revenue increased by 183% compared to the same quarter last year. A record number of sensors were sold, 130,662, and 10,723 modules were sold. In total, Acconeer has sold 567,130 radar sensors and 22,650 modules since launch. In Q3 273 evaluation kits were sold, and an accumulated 4,250 EVKs have been sold since launch. The gross margin in Q3 was 70% and seven new customer products were launched.

CEO Lars Lindell comments: "It feels great to be able to say that we sold more than 10,000 modules in Q3, which is almost as many as the total accumulated sales before the quarter, and this despite the global shortage of critical components which led to that we were unable to deliver on all purchase orders."

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 7,859 (2,780).
  • The Gross margin on sales of goods was 70 (65)%.
  • Result after taxes amounted to kSEK-10,309 (-12,325).
  • Earnings per share before and after dilution was SEK -0.44 (-0.53).
  • The cash flow from operating activities was kSEK -7,673 (-9,339).

JANUARY – SEPTEMBER

  • Net sales for the nine months period amounted to kSEK 23,047 (6,549).
  • The Gross margin on sales of goods was 71 (50)%.
  • Result after taxes amounted to kSEK -33,881 (-46,861)
  • Earnings per share before and after dilution was SEK -1.45 (-2.20)
  • The cash flow from operating activities was kSEK -25,973 (-38,068).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 47,849 (95,611).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer receives orders from Asteelflash with a total value of USD 161,000.
  • Acconeer develops new smaller Entry Module targeting presence use case.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer receives order from CODICO worth USD 91,000.
  • Acconeer receives order from Digi-Key worth USD 59,000.

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on October 29, 2021, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q3-result-211029.pdf
Acconeer-Q3-2021 eng.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-Q3-result-211029.pdf
Acconeer-Q3-2021 eng.pdf

Acconeer-Q3-result-211029.pdf
Acconeer-Q3-2021 eng.pdf
2021-10-29

Acconeer receives order from Digi-Key worth USD 59 000

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The order relates to Acconeer's XM132 Entry Module for customers' mass production. Digi-Key's global online platform, serving customers with evaluation kits and sensors intended for mass production, remains an important distribution channel for Acconeer.

Lars Lindell, CEO Acconeer, comments: "When we created the XM132 Entry Module we wanted to make it easy to integrate into customer products. Thanks to the integration-ready solderable design, we now see this happen and we are happy that the demand for the module continues to be high."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on October 22, 2021, 11.30.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Digi-Key-211022.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-receives-order-from-Digi-Key-211022.pdf

Acconeer-receives-order-from-Digi-Key-211022.pdf
2021-10-22

Acconeer receives order from CODICO worth USD 91 000

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The order relates to Acconeer's A111 radar sensor for European customers' mass production. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Lars Lindell, CEO Acconeer, comments: "We are happy to see yet another volume order from CODICO, confirming the good progress we see on the European market.

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on October 05, 2021, 12.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-CODICO 211005.pdf

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Acconeer-receives-order-from-CODICO 211005.pdf

Acconeer-receives-order-from-CODICO 211005.pdf
2021-10-05

Acconeer develops new smaller Entry Module targeting presence use case

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After the success with XM132 Entry Module released last year, Acconeer now extends the Entry Module family with a smaller, lower priced version targeting the presence use case. The new module will be called Entry Module XM131 Presence and will be available on the market in Q1 2022.

Optimized for the presence use case, the Entry Module XM131 Presence will have a solderable design featuring the A111 radar sensor along with an ARM Cortex M0 microcontroller unit (MCU), working with 1.8V power supply. By only allowing 1.8V power supply the number of components is kept to a minimum, which enables a smaller form factor as well as a price set out to compete in a market segment traditionally dominated by technologies such as ultrasound or infrared sensors. In addition to lowering the price, reducing the number of components related to power regulation also minimizes environmental impact for customer products where 1.8V is already available in the system.

XM131 will come with a software specifically developed for the presence use case, which means that it will run a unique module server and have its own SDK. With a module and software specifically designed for presence applications a range of innovative use cases are enabled at a competitive price point. For example, XM131 can be used to detect people in a room or to trigger wake-up and lock functionality of devices. For customers who are interested in using the XM131, it is possible to already now start the evaluation based on XM132 in order to be ready for production soon after the launch of XM131 early next year. The new module will be available in tape-and-reel format, making it easy for customers to put it into mass produced products.

"Using Acconeer's new entry module XM131 opens up for a cost-efficient presence detection application, easy integration with optimized form factor. XM132 has been a great success and it will be exciting to see how the market receives the new entry module XM131" says Mikael Rosenhed, Head of Product Management.

The ARM Cortex M7-based XM112 High-Performance Module was released in December 2018, to let customers evaluate their use cases on an embedded system with high performance. In October 2019, the XM122 IoT Module was launched targeting connected battery-powered use cases, combining the A111 radar sensor with an ARM Cortex M4 MCU and integrated connectivity such as Bluetooth. The first module in the Entry family, XM132 was launched in September 2020 and has been very popular thanks to its integration-ready, solderable design.

For additional information, please contact:
Mikael Rosenhed, Head of Product Management, Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on September 30, 2021, 14.00.

The following documents can be retrieved from beQuoted
Acconeer-develops-new-smaller-Entry-Module-targeting-presenc.pdf

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Acconeer-develops-new-smaller-Entry-Module-targeting-presenc.pdf

Acconeer-develops-new-smaller-Entry-Module-targeting-presenc.pdf
2021-09-30

Acconeer receives orders from Asteelflash with a total value of USD 161 000

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The orders relate to Acconeer's XM132 Entry Module for European customer mass production. Asteelflash is a European specialist EMS company.

Lars Lindell, CEO Acconeer, comments: "We are happy to receive additional high-volume orders of our popular XM132 Entry Module, which thanks to its solderable design is ready for direct integration in customer products."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on September 08, 2021, 16.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-orders-from-Asteelflash.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Acconeer-receives-orders-from-Asteelflash.pdf

Acconeer-receives-orders-from-Asteelflash.pdf
2021-09-08

Acconeer has sold more than half a million A1 radar sensors

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As of today, Acconeer has sold more than 500 000 A1 radar sensors in total since the company started selling Evaluation Kits (EVKs) in February 2018.

Lars Lindell, CEO Acconeer, comments: "Today we ship our radar sensor number 500 000 since we started selling it online, and we are very happy to pass yet another milestone. I February 2020, 24 months after sales start, we reached 100 000 sensors sold and seven months later we passed 200 000. Now in less than a year we have sold an additional 300 000 radar sensors, despite a pandemic and global shortage of components which have slowed down our customers' production. We are now looking forward to passing the next milestone of having sold one million sensors."

Starting in 2021, Acconeer reports accumulated sales in financial reports, by the end of Q2 2021 the company had sold in total 440 000 radar sensors.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

The following documents can be retrieved from beQuoted
Acconeer-has-sold-half-a-million-radar-sensors 210817.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Acconeer-has-sold-half-a-million-radar-sensors 210817.pdf

Acconeer-has-sold-half-a-million-radar-sensors 210817.pdf
2021-08-17

Interim report Q2 2021

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In Q2 2021, Acconeer's net sales amounted to 7 643 kSEK, the gross margin was 72% and eight new customer products were launched. In Q2 for the first time more than 100 000 sensors were sold during one quarter when 112 256 sensors were sold, and since launch Acconeer has sold in total 436 468 radar sensors. In Q2 461 evaluation kits were sold, and an accumulated 3 977 EVK has been sold since launch. The company sold 2 226 modules in Q2, and since launch a total of 11 927 modules have been sold.

CEO Lars Lindell comments: "We are happy to see a new record in the number of radar sensors sold and also in the number of launched customer products during one quarter. Just like in Q1 we see a strong result in Q2, despite that our module sale has been affected by component shortage, where we haven't been able to deliver on all orders."

SECOND QUARTER

  • Net sales for the second quarter amounted to kSEK 7,643 (1,619).
  • The Gross margin on sales of goods was 72 (59) %.
  • Result after taxes amounted to kSEK -11,695 (-16,836).
  • Earnings per share before and after dilution was SEK -0,50 (-0,79).
  • The cash flow from operating activities was kSEK -9,402 (-13,920).

SIX MONTHS PERIOD

  • Net sales for the six months period amounted to kSEK 15,188 (3,769).
  • The Gross margin on sales of goods was 73 (59) %.
  • Result after taxes amounted to kSEK -23,571 (-34,536).
  • Earnings per share before and after dilution was SEK -1.01 (-1.70).
  • The cash flow from operating activities was kSEK -18,300 (-28,729).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 57,613 (109,172).

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.
  • A distribution agreement focusing on the automotive industry was signed with Japanese NEXTY Electronics.
  • Acconeer receives order from CODICO worth USD 125,000.
  • The annual general meeting was held on 27 April 2021, for the 2020 fiscal year.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on July 23, 2021 07.30.

The following documents can be retrieved from beQuoted
Acconeer-Q2-result-2021 210723.pdf
Acconeer-Q2-2021 eng.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Acconeer-Q2-result-2021 210723.pdf
Acconeer-Q2-2021 eng.pdf

Acconeer-Q2-result-2021 210723.pdf
Acconeer-Q2-2021 eng.pdf
2021-07-23

Acconeer receives order from CODICO worth USD 125 000

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The order relates to Acconeer's A111 radar sensor for European customers' mass production. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Lars Lindell, CEO Acconeer, comments: "This is our largest order so far from CODICO, and it comes only two years after signing a distribution agreement with them which is a great progress. It also shows that European customers are now moving into mass production at a higher pace after a slow period during the first year of the Covid-19 pandemic."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on June 09, 2021 14.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-CODICO 210609.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Acconeer-receives-order-from-CODICO 210609.pdf

Acconeer-receives-order-from-CODICO 210609.pdf
2021-06-09

Acconeer signs a distribution agreement with Japanese NEXTY focusing on the automotive industry

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The radar technology company Acconeer AB has signed a distribution agreement with Japanese NEXTY Electronics. NEXTY, a core company of the Toyota Tsusho Group's electronics business, is a leading Japanese distributor with especially strong coverage of companies in the automotive sector.

Lars Lindell, CEO of Acconeer, comments: "We have stated for some time that our unique radar sensor will be perfect for several use cases in the automotive industry. With this agreement with NEXTY Electronics, that we are very pleased to announce, we now have the perfect partner for reaching the most important players in the Japanese auto industry".

Atsushi Aoki, President of NEXTY Electronics, comments: "We are very excited about signing this collaboration with Acconeer and we expect to see a lot of interest in their potentially disruptive sensor from our clients going forward. It is with great anticipation we look forward to seeing what this cooperation will lead to."

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: ir@acconeer.com
Atsushi Aoki, President of NEXTY Electronics, Phone +81 3 5462 9666 Mail: nexty_contact@nexty-ele.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on 11 May 2021 at 07.30.

The following documents can be retrieved from beQuoted
Acconeer-signs-distribution-agreement-with-Nexty-Electronics.pdf

About NEXTY Electronics Corporation
NEXTY Electronics is a core company of the Toyota Tsusho Group's electronics business and is top in class within the automotive industry, offering autonomous driving technology cultivated in the field. The company also provides innovative, connected technology solutions for application to industry peripherals, such as agricultural machinery to address technology challenges. For more information: https://www.nexty-ele.com/english/

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-signs-distribution-agreement-with-Nexty-Electronics.pdf

Acconeer-signs-distribution-agreement-with-Nexty-Electronics.pdf
2021-05-11

Bulletin from the Annual General Meeting of Acconeer AB on 27 April 2021

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Acconeer AB (the "Company") held its annual general meeting on 27 April 2021, for the 2020 fiscal year. In order to prevent the spread of the virus causing covid-19, the annual general meeting was carried out solely through postal voting, without any physical presence. A video with the CEO, Lars Lindell, and COO, Mikael Egard, was published ahead of the AGM. The video included their reflections on the past year and the strategy ahead and is available on the Company's website, www.acconeer.com. At the annual general meeting, the following resolutions were made.

Adoption of the income statement and balance sheet

The annual general meeting resolved to adopt the board of directors' proposal for the income statement and the balance sheet for the fiscal year of 2020.

Disposition of the Company's profit or loss

The annual general meeting resolved, in accordance with the board of directors' proposal, that no dividend is paid and that the Company's funds available for distribution is carried forward.

Discharge from liability

The annual general meeting resolved to grant discharge from liability to all persons who have had the position of board member or CEO in the Company during 2020.

Election on the board of directors and auditor, and determination of fees

The annual general meeting resolved to re-elect Bengt Adolfsson, Lars-Erik Wernersson, Git Sturesjö Adolfsson, Thomas Rex and Johan Paulsson. Thomas Rex was re-elected as chairman of the board of directors.

The annual general meeting resolved that the fees to the board of directors, for the period until the next annual meeting, shall be paid out with a total of twelve (12) price base amounts (Sw. prisbasbelopp), of which four (4) price base amounts to the chairman and two (2) price base amounts to each of the other members elected by the annual general meeting who are not employed by the Company.

The annual general meeting resolved to re-elect the registered audit company Öhrlings PricewaterhouseCoopers AB as the Company's auditor. Fees to the auditor shall be paid according to approved invoice.

Directed issue of warrants and approval of transfer of warrants

The annual general meeting resolved, in accordance with the board of directors' proposal, on the warrant based incentive program Warrant Program 2021/2024:1 by (A) issuance of warrants of series 2021/2024:1 to the Company's wholly-owned subsidiary and (B) approval of the transfer of warrants 2021/2024:1 from the subsidiary to individuals who are or will be employed by the Company (individuals employed for a fixed time period are excluded) including the CEO ("Employees").

No more than 300,000 warrants shall be issued to the subsidiary with the right and obligation for the subsidiary to later transfer the warrants to the Employees. The warrants shall be transferred by the subsidiary on 2 May 2021, or on the later date decided by the board of directors, the transfer shall be made at market value at the respective transfer dates and warrants shall be allotted in accordance with the principles set forth in the board of directors' proposal. Subscription of shares under the warrants may take place during the period from 15 May 2024 until 30 September 2024. The premium per share shall be transferred to the free share premium reserve (Sw. fria överkursfonden). The subscription price per share shall correspond to 130 per cent of the volume-weighted average price according to Nasdaq First North Growth Market's official curriculum list for shares in the Company during the period of ten (10) trading days ending on 23 April 2021, however, the subscription price per share shall never be less than the quota value of the share. The maximum dilution effect of the program is approximately 1.27 per cent.

Directed issue of warrants and approval of transfer of warrants

The annual general meeting resolved, in accordance with the board of directors' proposal, on the warrant based incentive program Warrant Program 2021/2024:2 by (A) issuance of warrants of series 2021/2024:2 to the Company's wholly-owned subsidiary and (B) approval of the transfer of warrants 2021/2024:2 from the subsidiary to the Employees in the Company.

No more than 300,000 warrants shall be issued to the subsidiary with the right and obligation for the subsidiary to later transfer the warrants to the Employees. The warrants shall be transferred by the subsidiary on 2 November 2021, or on the later date decided by the board of directors, the transfer shall be made at market value at the respective transfer dates and warrants shall be allotted in accordance with the principles set forth in the board of directors' proposal. Subscription of shares under the warrants may take place during the period from 15 November 2024 until 31 March 2025. The premium per share shall be transferred to the free share premium reserve (Sw. fria överkursfonden). The subscription price per share shall correspond to 130 per cent of the volume-weighted average price according to Nasdaq First North Growth Market's official curriculum list for shares in the Company during the period of ten (10) trading days beginning on 28 October 2021, however, the subscription price per share shall never be less than the quota value of the share. The maximum dilution effect of the program is approximately 1.27 per cent.

Authorisation for the board of directors to resolve on issue of shares

The annual general meeting resolved to authorise the board of directors to, until the next annual general meeting, on one or more occasions, resolve to increase the Company's share capital by issue of no more than shares corresponding to twenty-five (25) per cent of the total number of shares in the Company at the time of the annual general meeting's decision of authorisation. The board of directors may deviate from the shareholders' preferential rights. The reason for the board of directors' authorisation to deviate from the shareholders' preferential rights is to enable the Company to raise new capital and to take advantage of future opportunities to attract new long-term owners, and to finance the Company's growth strategy. The authorisation also includes the right to decide on payment for the issued shares by set-off, in kind or with other conditions as referred in Chapter 13 Section 5 item 6 of the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)). At a deviation from the shareholders' preferential rights, the issue rate shall be determined in accordance with market conditions.

Amendments to the articles of association

The annual general meeting resolved to approve the board of directors' proposal. The resolution entails that the articles' are supplemented with terms that make it possible for the board of directors to collect power of attorneys and that the board of directors may decide that the shareholders shall be able to exercise their voting right by post before a general meeting. Furthermore, the resolution entails that the registered office is amended to the Municipality of Malmö, as well as a number of amendments due to legislative changes, and certain editorial amendments.

***

For more detailed information regarding the content of the resolutions, please refer to the press release published on 25 March 2021 and the complete notice of the annual general meeting. The notice of the annual general meeting and complete proposals regarding the resolutions of the annual general meeting are available on the Company's website, www.acconeer.com.

The English text is an unofficial translation. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.

For further information, please contact:

Lars Lindell, CEO

Tel. +46 (0) 10 218 92 00

ir@acconeer.com

www.acconeer.com

The following documents can be retrieved from beQuoted
Bulletin-AGM-2021.pdf

About Acconeer AB

With groundbreaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

Attachments
Bulletin-AGM-2021.pdf

Bulletin-AGM-2021.pdf
2021-04-27