FLAGGING MESSAGE Galjaden Invest AB has reduced its holding in Latvian Forest Company AB

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Through the sale of shares, Galjaden Invest AB has reduced its holding in Latvian Forest Company AB from 19.32% (4,101,685 shares) of the votes to 5.19% (1,101,685 shares) of the votes. Latvian Forest Company AB’s Chairman of the Board, Martin Hansson, has through his company, acquired 1,000,000 shares and thus owns 4.71% of the votes. The remaining shares have been sold to external actors. All transactions have been carried out at a share price of SEK 7.05.

For further information contact

Aleksandrs Tralmaks, CEO

+37129203972

[email protected].

Or visit our website: www.latvianforest.se