Humble has paid the purchase prices for the shares in the Private Companies with cash, existing shares in Humble owned by Humble's subsidiary Ewalco Holding AB and by the board of directors of Humble having resolved on the issue and allotment of 5,275,975 shares in Humble to the sellers of the Private Companies.

All other conditions for the completion of the Transactions have been fulfilled and Humble has thereby acquired the shares in the Private Companies.

In connection with the Transactions, Humble's share capital will increase by SEK 1,160,714.50 to SEK 67,441,122.10 and the number of shares in Humble will increase from 301,274,580 to 306,550,555 shares. The cash portion of the Purchase Considerations has been financed with Humble's existing cash.

ADVISORS
Rämsell Advokatbyrå AB is legal advisor to Humble in connection with the Transactions.

For further information, please contact:
Simon Petrén, CEO, Humble Group AB
E-mail: simon.petren@humblegroup.se
Phone: +468 61 32 888

The information in this press release has been published through the agency of the contact person above, at the time stated by Humble Group's news distributor Cision when publishing this press release.

About Humble
Humble Group is a Swedish foodtech and FMCG group that delivers the next generation of consumer products that are good for people and the planet. Humble focuses on the foodtech, eco, sustainability and vegan segments. The companies are growing through organic growth, acquisitions and the exploitation of synergies in the different business units: brands, distribution, manufacturing and ingredients. Humble's technology solutions, refined through scientific research and extensive market experience, facilitate new formulations and recipes that improve the taste and texture of the next generation of sugar-reduced, sustainable and vegan products. For more information, visit www.humblegroup.se

Humble is listed on Nasdaq Stockholm, First North Growth Market, under the ticker HUMBLE
FNCA Sweden AB is Humble's certified adviser.
Tel: 08-528 00 399 E-mail: info@fnca.se