On February 28, 2020, Papilly AB (publ) published its interim report for the fourth quarter of 2019 with information on the company's financial situation. The current rules of First North Growth Market state that a listed company can be given observation status if there is a material adverse uncertainty in respect of the issuer's financial position. With reference to the above, Nasdaq Stockholm AB has decided that the shares of Papilly AB (publ) (PAPI, ISIN code SE0005849205, order book ID 101907) shall be given observation status. For further information about this exchange notice please contact Issuer Surveillance, telephone +46 8 405 60 00. Nasdaq Stockholm AB