THE RIGHTS ISSUE IN SUMMARY

Issue volume: The Offer comprises a maximum of 52 396 178 shares, equivalent to approximately SEK 26.2 million before issue costs.

Preferential rights: Each existing share in Arctic Blue Beverage AB entitles to two (2) subscription rights and one (1) subscription right entitles to subscription of one (1) share.

Subscription price: SEK 0.5 per share

Subscription period: 4 August – 18 August 2025

Trading in Subscription Rights: 4 August – 13 August 2025

Trading in Paid Subscription Shares (“BTA”): 4 August 2025 – until the Rights Issue has been registered by the Swedish Companies Registration Office

Guarantee commitments: The Company has received bottom guarantee commitments (the “Bottom guarantee”) and free of charge top-down guarantee commitments (the “Top-down guarantee”) totalling approximately SEK 26.2 million, corresponding to 100 percent of the Rights Issue.

Lock-up agreements: Members of the board of directors and management have undertaken, with customary exceptions, not to sell or otherwise dispose of their shares in the Company during a period of 180 days from and including the date of the announcement of the final outcome of the Rights Issue.

BACKGROUND AND motive

Arctic Blue Beverages has established itself as a distinctive player in the international beverage market, offering a broad portfolio of award-winning Nordic spirits and beverages. Driven by a mission to craft the world’s best gin, the Company emphasizes the use of pure, natural ingredients and an uncompromising commitment to quality.

Over the past year, Arctic Blue Beverages has made significant progress in strengthening its market position. Key developments include the entry into the Long Drink segment with the well-received Arctic Blue Long Drink product portfolio, the establishment of the Arctic Blue Showroom Distillery in central Helsinki as a distinctive brand experience center supporting direct consumer engagement, and the successful launch of Nightwish Gin, created in collaboration with the internationally renowned band Nightwish. Additionally, the Company has introduced a scalable e-commerce platform, now serving both B2C and B2B customers across more than a dozen European markets.

As a result of these efforts, Arctic Blue Beverages enters the second half of 2025 with a broader product offering, stronger brand recognition, and multiple scalable sales channels. From this strengthened position, the Company is carrying out a strategic shift, focusing on four core areas:

• Maintaining a strong position in the Finnish craft gin market
• Increasing international sales through online channels, targeting both consumers and trade customers
• Growing the showroom distillery business as a brand and sales channel
• Expanding the Ready-to-Drink (RTD) product portfolio based on consumer preferences

This sharpened focus is expected to drive improvements in sales margins, reduce operational complexity, and position the Company for long-term profitability, with the full impact of these efforts anticipated from early 2026 onward.

In parallel, Arctic Blue Beverages is preparing for a milestone international expansion with the planned launch of operations in the United States through a joint venture with a U.S.-based investor consortium. A detailed market entry plan has been developed, identifying potential distributors and collaboration partners, to ensure a structured and targeted approach to entering the U.S. market, which is one of the largest and most dynamic spirits markets globally.

The Rights Issue will support this next phase of Arctic Blue Beverages’ development and enable the Company to capitalize on its current momentum, accelerate international growth, and realize the full potential of its new operational strategy. Together, these measures are designed to ensure the Company’s continued growth into a globally recognized and profitable Nordic spirits brand.

In connection with the Offer, the Company has entered into agreements for guarantee commitments amounting to approximately SEK 26.2 million, corresponding to 100 percent of the Rights Issue. The guarantee is divided into a so-called Bottom guarantee and a so-called Top-down guarantee. To cover the Company’s working capital needs during the period leading up to the execution of the Rights Issue, the Company has been granted a short-term loan of SEK 5 million (the “Bridge Loan”).

Use of Proceeds

Upon full subscription in the Rights Issue, the Company will receive initial proceeds of approximately SEK 26.2 million before deduction of issue costs of approximately SEK 4.2 million. The net proceeds, after repayment of the Bridge Loan, are intended to be used for the following purposes:

1. Strengthen market position in Finland and nearby countries

2. Accelerate growth in recently entered European markets

3. Support market entry in the United States