Hexagon AB (Nasdaq Stockholm: HEXA B) announces that the Board of Directors, after a comprehensive assessment, has directed management to prepare for the separation of its Asset Lifecycle Intelligence (“ALI”) division and related businesses (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders, as previously announced on 25[th] October 2024. The Board intends to propose the distribution and listing of NewCo’s shares at a shareholder's meeting in early 2026, provided that the circumstances are deemed right at the time. Reflecting the geographical focus of NewCo’
