Interim Financial Report - Cinnober Financial Technology AB

Period January 1, 2016 – March 31, 2016

  · Net sales for the period amounted to SEK 76.3 million (SEK 68.0 million).
  · Operating profit for the period amounted to SEK 1.1 million (SEK 0.0
million).
  · Profit before tax for the period amounted to SEK 0.5 million (SEK 0.9
million).
  · Earnings per share before dilution for the period amounted to SEK 0.06 (SEK
0.04).
  · The proportion of recurring revenue for the period amounted to 60 percent of
net sales*.
  · Major deal with Japan Exchange Group for real-time clearing for the Japanese
derivative market.**
  · After the end of the period, yet another contract has been signed with JPX
regarding advanced risk calculations for all asset classes traded in the
Japanese financial market. This deal is categorized as minor deal.**
* To improve comparability between periods, re-invoiced expenses have been
excluded from net sales in the calculation of recurring revenues.
** See commercial definitions on p.15 in the full Interim report.

“Cinnober is growing and the optimism in the market is tangible”, says Veronica
Augustsson, CEO, in a comment. “The finance sector is on the verge of higher IT
investments, which are being stimulated by extended regulations and higher
efficiency requirements. The positive signals are reflected in net sales for the
period reaching SEK 76.3 million, an increase of SEK 8.3 million compared with
the corresponding quarter in 2015. The sales growth is due to a higher influx of
customers and that we are currently carrying out major projects for some of the
world’s largest exchanges.”

Attachment: Interim Report January 1, 2016 – March 31, 2016

Cinnober Financial Technology discloses the information provided herein pursuant
to the Securities Market Act (Sw. “Lagen om värdepappersmarknaden”). The
information was submitted for publication on May 3, 2016 at 11:00 (CET).

For further information: Veronica Augustsson, CEO, phone +46 8 503 047 00,
veronica.augustsson@cinnober.com.

Cinnober in brief:

  · Cinnober develops business-critical system solutions for exchange trading,
risk management and other financial services.
  · Its target group consists primarily of international stock exchanges,
clearinghouses, banks and brokerages.
  · The company was founded in 1998, currently has over 250 employees (excluding
consultants), representing some thirty nationalities.
  · It offers solutions in price discovery, order matching, market data, index
calculations, clearing, risk management and market surveillance.
  · Cinnober’s shares are listed on the Nasdaq First North exchange (CINN, ISIN
code: SE0000778474). Avanza is the Certified Adviser.