Stockholm, Sweden (March 30, 2026) – Maximum Entertainment AB (Nasdaq: MAXENT B) (the "Company") resolved on February 11, 2026 to prepare a balance sheet for liquidation purposes pursuant to Chapter 25, Section 13 of the Swedish Companies Act (2005:551), after it had emerged in the course of preparing the Company's year-end report for 2025 that there was reason to assume that the Company's equity was below half of the registered share capital.
Against this background, the board of directors of the Company has prepared a balance sheet for liquidation purposes, which has now been reviewed by the Company's auditor, PwC. The balance sheet for liquidation purposes shows that the Company's equity amounts to SEK −10,140,348.50, which means that the equity is below half of the registered share capital of SEK 5,111,015.20. The board of directors has accordingly resolved to convene an extraordinary general meeting as soon as possible to determine whether the Company shall continue its operations (a so-called first control general meeting under the Swedish Companies Act). The notice of the meeting will be published by way of a separate press release shortly.
The main reason for the negative equity is provisions related to the Company’s write-down of the
carrying value of shares in its subsidiaries, as well as impairments of intra-group receivables.