The Board of Directors of Nexam Chemical Holding AB (publ) (“Nexam Chemical” or the “Company”) has, subject to subsequent approval by an extraordinary general meeting, resolved to carry out a fully covered rights issue of shares of approximately SEK 51.8 million (the “Rights Issue”). In connection with the Rights Issue, the Board has also proposed an over-allotment issue of up to an additional SEK 15.0 million (the “Over-Allotment Issue”), intended to enable additional capital contributions in the event of oversubscription. Nexam Chemical is entering a new phase of growth with a sharpened focus on scaling its Recycling business. The net proceeds from the Rights Issue are intended to support accelerated commercial expansion within Recycling and to strengthen the Company’s financial flexibility.

Nexam Chemical’s full press release can be found here.

Background and rationale
Nexam Chemical develops and commercialises additives and solutions for the polymer industry, with a focus on improving material performance in plastics, including recycled polymers. Since 2023, the Company has carried out a strategic restructuring process focused on improved profitability, business quality and scalability, resulting in a more focused organisation, an improved product mix and a more diversified customer base.

During 2025, the Recycling business area has developed very positively, with increased delivery volumes and a growing number of commercial customer relationships. Against this background, the Board of Directors assesses that the Company's solutions have reached commercial maturity and that there are conditions for continued strong growth within the business area. Within the framework of the Company's current planning, and subject to prevailing market conditions and access to the necessary resources, the Company aims to double revenue within the Recycling business during 2026, and thereafter increase revenue at a corresponding rate during 2027.

The net proceeds from the Rights Issue and, subject to its implementation, the Over-Allotment Issue, are intended to be used primarily to support the Company's continued development, with a focus on the rapidly growing Recycling business, through strengthening the commercial organisation, continued investments in additive technology and application-specific solutions, measures to strengthen market presence and communication, as well as for general corporate purposes and working capital in line with increasing volumes and business activity.

Nexam Chemical's CEO Ronnie Törnqvist comments:
"During 2025, we have seen a clear breakthrough in our Recycling business, where demand is increasingly translating into actual volumes and recurring business. At the same time, the fourth quarter was affected by a combination of factors; a temporary inventory adjustment by a customer within the High Temperature business area contributed to a short-term impact on the Group's revenue. In other parts of the business, continued caution is also evident in certain parts of the value chain as a result of a more complex external environment. Despite this, EBITDA is at around break-even level and cash flow is slightly better than in the previous year. The rights issue provides us with the financial conditions to accelerate growth within the Recycling business in a market environment that we assess as favourable."

Key terms
The Rights Issue is fully covered through subscription commitments (approximately SEK 11.4 million, corresponding to approximately 22.1 percent) and underwriting commitments (approximately SEK 40.4 million, corresponding to approximately 77.9 percent). The subscription price is SEK 2.40 per share and the subscription period runs from 26 January 2026 up to and including 9 February 2026. More information can be found in Nexam Chemical’s full press release.

About Nexam Chemical
Nexam Chemical develops and commercialises additive-based, application-tailored solutions for the polymer industry to improve material performance, including solutions for recycled polymers. Through its Reactive Recycling™ offering, the Company addresses key constraints in mechanical recycling by improving process stability and material properties, thereby enabling broader use of recycled plastics in demanding applications.

Corpura is acting as Sole Coordinator and Bookrunner in connection with the Rights Issue.

For more information contact:
Jonatan Andersson
Phone: +46 (0)70-508 00 51
Email: jonatan.andersson@corpura.se

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