Reprimand by Nasdaq

Italeaf, a holding company active in the cleantech and smart innovation sectors, listed on Nasdaq First North, has been notified by Nasdaq with a reprimand due to non-compliance with applicable listing requirements, in accordance with point 4.4 in the current Rulebook for Nasdaq First North Growth Market (”the Rulebook”), as part of the ongoing investigation by the Issuer Surveillance. Italeaf is considering the notification and its right to comment on the Exchange’s decision, which could lead to a potential outcome of the delisting.