Change in number of shares and votes in Thule Group

As a result of the bonus issue and the new share issue carried out by Thule
Group AB (publ) in conjunction with the recent initial public offering, the
number of shares and votes in the company has increased by 55,262,680 since the
first day of trading on Nasdaq Stockholm.

As at 28 November 2014, there are in total 100,000,000 shares and votes in
Thule Group AB (publ).

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|This information is disclosed in accordance   with the Swedish Financial      |
|Instruments Trading Act. The information was   submitted for publication on 28|
|November 2014 at 2:00 p.m. CET.                                               |
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Fredrik Erlandsson, SVP Communications and Investor Relations
Telefon +46 70-3090021
E-mail fredrik.erlandsson@thule.com
About Thule Group
Thule Group is a world leader in products that make it easy to bring the things
you care for – easily, securely and in style, when living an active life. Under
the motto Active Life, Simplified, we offer products within two segments:
Outdoor&Bags (e.g. equipment for cycling, water and winter sports, roof boxes,
bike trailers, baby joggers, laptop and camera bags, backpacks and cases for
mobile handheld devices) and Specialty (snow chains and pick-up truck tool
boxes).
Our products are sold in 136 markets globally. There are more than 2,200 of us
working for Thule Group at 10 production facilities and more than 35 sales
locations all over the world.
Net sales for 2013 amounted to 4.3 billion SEK.
For more information, please visit www.thulegroup.com