10 Mar 2025

Hexagon AB announces that the Board of Directors, after a comprehensive assessment, has directed management to prepare for the separation of its Asset Lifecycle Intelligence division and related businesses by way of a Lex Asea distribution (or “spin-off”) to its shareholders, as previously announced on 25th October 2024.

The Board intends to propose the distribution and listing of NewCo’s shares at a shareholder's meeting in early 2026, provided that the circumstances are deemed right at the time.