Cinnober chosen for major design study

Cinnober has signed an agreement with a major international exchange group to
conduct a comprehensive design study for utilizing Cinnober’s technology for
real-time clearing for listed derivatives as well as a complete CSD system
(Central Security Depository). The tender process has included a profound
evaluation of the available global technology providers and Cinnober has now
been uniquely selected to commence work while conducting a full design study
that should be completed in December.

Cinnober has unique experience of providing clearing and risk management
solutions to tier one exchanges and clearinghouses, such as Brazilian
BM&FBOVESPA, the British LME Clear, DGCX in Dubai, and the South African JSE.
The latest customer was announced earlier this year when Japan Exchange Group
chose Cinnober to deliver real-time clearing for its derivatives market and an
additional cross-asset risk monitoring solution for the entire national market
for equities, bonds, futures, options, CDS and IRS.

“We’re the inventor of real-time clearing and for the past five years we’ve been
the completely dominant supplier to the global community of clearinghouses,”
says Veronica Augustsson, CEO of Cinnober. “We will also be strengthening our
position and broadening our customer base to include CSD:s. This is a natural
step for us as we broaden our offerings along the value chain. CSD technology is
as outdated as clearing technology and we are looking forward to revolutionizing
this arena too.”

Cinnober is a world-leading independent supplier of financial technology to
marketplaces and clearinghouses. Customers include major exchanges with extreme
demands on reliability and performance, such as the Australian Securities
Exchange, BM&FBOVESPA, Dubai Gold & Commodities Exchange, Euronext, Japan
Exchange Group, Johannesburg Stock Exchange, the London Metal Exchange, LME
Clear, NYSE and the Stock Exchange of Thailand.

For further information or discussion, please contact:
Fredrik Backlund
Head of Corporate Communications
Cinnober Financial Technology
Tel. +46-73 403 12 39
fredrik.backlund@cinnober.com

About Cinnober and commercial definitions
Cinnober provides solutions and services to leading trading and clearing venues,
including exchanges, clearinghouses, banks and brokers. Cinnober’s solutions are
largely based on the TRADExpress™ Platform, incorporating everything needed for
mission-critical solutions in terms of performance, robustness and flexibility.
The portfolio of offerings includes price discovery and matching, real-time risk
management, clearing and settlement, index calculation, data distribution and
surveillance. Cinnober’s customers include the Australian Securities Exchange,
BM&FBOVESPA, Dubai Gold & Commodities Exchange, Euronext, Japan Exchange Group,
Johannesburg Stock Exchange, the London Metal Exchange, LME Clear, NYSE and the
Stock Exchange of Thailand. For additional information, please visit
www.cinnober.com

Cinnober’s shares are traded on the Nasdaq First North exchange and the
company’s Certified Advisor is Avanza. To help the market to assess the value of
the deals won by Cinnober, the following definitions have been established. A
major deal is one for which the order value over a period of five years is
estimated to exceed SEK 100 million. A smaller deal is one for which the order
value over a period of five years is estimated to be less than SEK 30 million. A
medium-sized deal is one for which the order value over a period of five years
is estimated to be in between that of a smaller deal and a major one. The
initial design study is considered a smaller deal from this perspective.
Potential future agreements on the delivery of clearing and CSD systems to above
mentioned exchange group will both be considered major deals for Cinnober.

This information is information that Cinnober Financial Technology AB is obliged
to make public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person set out
above, at 08:45 CET on 18 July 2016.