Press release from the Extraordinary General Meeting of CybAero AB (publ) on December 30, 2015

– The meeting resolved to elect Elisabeth Carelind, Authorized Public Accountant
at KPMG, as the new auditor to replace Helena Lundquist, who has left the audit
industry.

– The meeting resolved in accordance with the board’s proposal to amend the
company’s articles of association as follows: (1) that the company’s business
description include the operation of sensor systems, with sensor systems (Sw:
”sensorsystem”) replacing the previous name, missile systems (Sw:
”robotsystem”), and (2) that the minimum and maximum limits for the share
capital and number of shares be raised, resulting in the relevant provision of
section 4 being reworded as follows: “The share capital shall amount to a
minimum of SEK 43,500,000 and a maximum of SEK 174,000,000” and section 5 being
reworded as follows: “The number of shares shall be a minimum of 29,000,000 and
a maximum of 116,000,000”. Furthermore, the meeting adds a clarification
specifying (1) that the company may also elect an auditing firm as the auditor,
(2) that the general meeting is to be opened by the company’s chair or a person
designated by the board of directors, (3) that the general meeting is to set the
number of board members and auditors to be elected by the general meeting, (4)
that, where applicable, the consolidated financial statements and audit report
on the consolidated financial statements are to be presented and adopted and (5)
that the record date for dividends be set. In addition, the meeting is to
resolve on whether parties other than shareholders are to be permitted to attend
the general meeting, resulting in the removal of section 10. Finally, several
changes in wording were made which do not constitute any change in substance.

– The meeting was informed that the board is planning to appoint an external
nominations committee for the 2016 Annual General Meeting.

– The meeting resolved to approve the board’s decision dated December 14, 2015
to conduct a private placement as follows:

1.    A private placement of a maximum of 2,749,000 shares will increase the
company’s share capital by a maximum of SEK 4,123,500.

2.    Existing shareholder Subversive Capital, LLC will be entitled to subscribe
for the new shares. The reason for the derogation of the pre-emption rights of
the shareholders is to enable greater ownership for a strategic partner and
strengthen the company’s financial position.

3.    SEK 8.15 will be payable for each subscribed share. The subscription price
is based on the average price of the company’s shares over a certain period of
time and has been set in negotiations between the company and the subscriber.

4.    Subscriptions of the new shares must be entered on a subscription list
within two weekdays of the board’s issue resolution. Payment must be made within
ten weekdays of the date of the general meeting’s approval. The board is
entitled to extend the subscription period and the payment period.

5.    It has been resolved that the board, the CEO or a person appointed by the
board be authorized to make minor adjustments to this resolution which may be
necessary in connection with registration with the Swedish Companies
Registration Office (Bolagsverket) and Euroclear.

– The board´s proposal to grant authorization for new share issues did not meet
the required majority (64,8% pro, 35,2% con).

– The meeting resolved to elect Michael Auerbach and Adam Rothstein from
Subversive Capital LLC as board members. In addition to his involvement with
Subversive Capital, Michael Auerbach also serves as Senior Vice President of
Albright Stonebridge Group (ASG), with which CybAero recently entered into a
strategic partnership. Adam Rothstein manages several major funds and has a
background as an investment banker.

For more information, please contact:
Mikael Hult, CEO CybAero AB, tel: +46 (0)13-465 29 00
email: mikael.hult@cybaero.se

Ina Nehr, Marketing Communications Manager CybAero AB, tel +46 (0)733-25 58 68
email: ina.nehr@cybaero.se

About CybAero
CybAero develops and manufactures Remotely Piloted Aircraft Systems (RPAS) for
safer and more effective aerial operations in various environments, including
those hazardous in nature. The company has made a great international impact
with its APID ONE helicopter, which can be adapted for both military and
civilian applications such as coastal and border surveillance, search and rescue
missions, and mapping. CybAero’s head office is located in the Mjärdevi Science
Park in Linköping, Sweden. The company has around 55 employees and has been
listed on the Nasdaq First North since 2007. FNCA Sweden AB is the company's
certified adviser.

Web: www.cybaero.se   Videos: www.youtube.com/cybaero