PR Newswire | Jun 28, 2021 05:45AM EDT

2021

06/28 04:44 CDT

Report from extraordinary general meeting in OXE Marine AB (publ) on 28 June 2021 STOCKHOLM, June 28, 2021

STOCKHOLM, June 28, 2021 /PRNewswire/ -- The extraordinary general meeting resolved on an adjusted long-term incentive program for senior executives in accordance with the board of directors' proposal. The new program replaces the warrant program resolved by the annual general meeting on 16 April 2021 and has a maximum dilutive effect of approx. 1.5 percent.

All resolutions were made in accordance with the proposals presented before the meeting. The complete proposals are published on the company's website www.oxemarine.com.

Certified Adviser FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ). Contact details to FNCA Sweden AB: tel. +46 8 528 00 399, e-mail info@fnca.se. For further information, please contact: Myron Mahendra, CEO, myron.mahendra@oxemarine.com, +46 76 347 59 82 Anders Berg, Chairman of the board, anders.berg@oxemarine.com, +46 70 358 91 55 OXE Marine AB (publ)(NASDAQ STO: OXE), (OTCQX: CMMCF) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. The Company's unique patented engine-to-propulsion power transmission solutions have led to high demand for the Company's engines worldwide. This information was brought to you by Cision http://news.cision.com https://news.cision.com/oxe-marine-ab/r/report-from-extraordinary-general-meeting-in-oxe-marine-ab--publ--on-28-june-2021,c3375464 The following files are available for download: https://mb.cision.com/Main/16067/3375464/ OXE Marine - Report from EGM 28 1437584.pdf June 2021

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SOURCE OXE Marine AB