Summary from Extraordinary General Meeting on 13 June 2016 of CLX Communications AB (publ)

At the Extraordinary General Meeting of CLX Communications AB (publ) (the
“Company”) today, on 13 June 2016, it was resolved to change the Company’s
financial year from 1 July–30 June to calendar year as well as to amend item 9
in the Company’s articles of association, correspondingly. In connection
therewith, it was resolved to extend the current financial year 2015/2016 to
cover a period of 18 months, that is, until 31 December 2016.

Furthermore, it was resolved to extend the Board members’ and the auditors’
mandate period up until the next annual general meeting, which, as a result of
the extended financial year, will take place during 2017. As a result of the
extension of the Board members’ mandate period it was also resolved to amend the
fees for the Board members who are not employees of the Company accordingly,
i.e., an increase of SEK 75,000 per such Board member from SEK 150,000 to SEK
225,000.

The above information has been made public in accordance with the Swedish
Securities Market Act and/or the Financial Instruments Trading Act. The
information was released for public distribution on 13 June 2016 at 17.45 CEST.
For further information, please contact:
Johan Hedberg, CEO and Head of Group, 08-32 75 10, ir@clxcommunications.com
Odd Bolin, CFO, 08-32 75 10, ir@clxcommunications.com
About CLX Communications

CLX was founded in 2008 with a mission to simplify communications globally. CLX
has since then developed into a leading provider of cloud-based communications
services and solutions to enterprises and mobile operators, with particular
strength in the enterprise messaging market. Mobile communications services from
CLX make it possible for enterprises to communicate globally with people and
connected devices (Internet of Things, IoT) swiftly, securely and cost
-effectively. CLX’s solutions enable business-critical communication worldwide
via mobile messaging services, voice services and mobile data connectivity
services for IoT. CLX has over 600 enterprise customers globally, including a
large number of global blue-chip enterprises, and over 70 Communications Service
Provider customers (of which approximately 60 are mobile operators) that have
installed and use CLX’s internally developed software-based communications
platform in their businesses.

CLX has demonstrated strong financial performance since its inception in 2008
and has increased its revenues from SEK 416 million in the twelve months ended
June 30, 2013 to SEK 844 million in the twelve months ended June 30, 2015,
corresponding to a compound annual growth rate of 42 per cent. For the twelve
months ended June 30, 2015, CLX reported EBITDA of SEK 93 million and EBIT of
SEK 89 million, corresponding to an EBIT margin of approximately 10.5 per cent.

For more information see www.clxcommunications.com