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Bulletin from the annual general meeting in Truecaller AB on 23 May 2025

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STOCKHOLM, May 23, 2025 /PRNewswire/ — Today, on 23 May 2025, the annual general meeting was held in Truecaller AB. A summary of the adopted resolutions follows below.

Resolution on adoption of accounts and distribution of the company’s result

The annual general meeting resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet. The annual general meeting also resolved to allocate the company’s result in accordance with the proposal from the board of directors, meaning that a dividend of SEK 1.70 shall be paid per series A share and series B share, and that the remaining available funds shall be carried forward. It was further resolved that the record date for the dividend shall be 27 May 2025.

Discharge from liability for the board members and the chief executive officer

The annual general meeting resolved to discharge the board members and the chief executive officer from liability for the financial year 2024.

Election and remuneration of the board of directors and auditors

The annual general meeting resolved in accordance with the proposal from the Nomination Committee to re-elect Alan Mamedi, Annika Poutiainen, Helena Svancar, Nami Zarringhalam and Shailesh Lakhani as board members, and to elect Aruna Sundararajan as new board member. Nami Zarringhalam was re-elected as chairman of the board of directors.

Furthermore, the annual general meeting resolved that remuneration to the board shall be paid with SEK 650,000 to the chairman of the board of directors and with SEK 500,000 to each of the other board members. The annual general meeting further resolved that remuneration for committee work shall be paid with SEK 250,000 to the chairman of the Audit Committee, with SEK 100,000 to each of the other members of the Audit Committee, with SEK 150,000 to the chairman of the Remuneration Committee and with SEK 80,000 to each of the other members of the Remuneration Committee.

Finally, the annual general meeting resolved to re-elect Ernst & Young AB as auditor and that the auditor shall be paid in accordance with customary norms and approved invoice. Ernst & Young AB has informed that the authorized public accountant Jennifer Rock-Baley will continue to be the auditor in charge.

Resolution on approval of remuneration report

The annual general meeting resolved to approve the board of directors’ remuneration report for the financial year 2024.

Resolution on guidelines for remuneration to senior executives

The annual general meeting resolved in accordance with the proposal from the board of directors to adopt new guidelines for remuneration to the company’s senior executives.

Resolution on establishment of principles for the Nomination Committee

The annual general meeting resolved in accordance with the proposal from the Nomination Committee on the establishment of principles for the Nomination Committee. The Nomination Committee shall consist of representatives for the three largest shareholders or groups of shareholders in terms of votes as of 30 September 2025.

Resolution on authorization for the board of directors regarding issues

The annual general meeting resolved in accordance with the proposal from the board of directors to authorize the board of directors, at one or several occasions, during the time up until the next annual general meeting, with or without deviation from the shareholders’ preferential rights, and with or without provisions regarding payment in kind or through set-off or other provisions, to resolve to issue new series B shares, convertibles and/or warrants entitling to conversion or subscription of series B shares. The total number of series B shares that may be issued (alternatively be issued through conversion of convertibles and/or exercise of warrants) shall not exceed 38,792,638, which corresponds to a dilution of approximately ten (10) per cent calculated on the number of shares issued at the time of the annual general meeting. To the extent an issue is made with deviation from the shareholders’ preferential rights, the subscription price shall be on market terms (subject to customary new issue discount, as applicable). The purpose of the authorization is to be able to carry out and finance acquisitions of companies and assets and to give the board of directors increased room for maneuver and the opportunity to adapt and improve the company’s capital structure.

Resolution on authorization for the board of directors regarding repurchase and transfer of series B shares in the company

The annual general meeting resolved in accordance with the proposal from the board of directors to authorize the board of directors, at one or several occasions, during the time up until the next annual general meeting, to resolve on repurchase and transfer of series B shares in the company. Repurchase of series B shares may be made of a maximum number of shares so that the company’s shareholding does not, at each time, exceed ten (10) percent of all outstanding shares in the company. Repurchase of series B shares on Nasdaq Stockholm may be made at a price per share within the registered price interval of the company’s series B share at any time, or if the board of directors instructs a member of Nasdaq Stockholm to accumulate a specific number of the company’s shares for its own account during a limited period, at a price per share within the price interval at the time or an equivalent volume-weighted average price. Payment of the series B shares shall be made in cash.

Transfer of series B shares may be made of the total number of shares held by the company from time to time. Transfer may be made with deviation from the shareholders’ preferential rights on Nasdaq Stockholm. Transfer may also be made to third parties in connection with acquisition of companies, operations, or assets. Transfer of series B shares on Nasdaq Stockholm may only be made at a price per share within the registered price interval of the company’s share at the time and if the transfer is made in another way, at a price corresponding to prices in money or value of property received that corresponds to the price of the company’s series B share at the time of the transfer of the shares being transferred with the deviation considered appropriate by the board of directors. Transfer in connection with acquisitions may be made at a market value assessed by the board of directors. Payment for transferred series B shares can be made in cash, through an issue in kind or set-off.

The purpose of the authorizations is to give the board of directors the opportunity to continuously adapt the company’s capital structure and thereby contribute to increased shareholder value, to be able to exploit attractive acquisition opportunities by fully or partly financing future acquisitions of companies, operations, or assets with the company’s own shares, and for financing and/or securing the delivery of series B shares in long-term incentive programs approved by the general meeting.

Resolution on (A) reduction of the share capital by way of cancellation of own shares, and (B) increase of the share capital by way of bonus issue

The board of directors resolved, at the annual general meeting, to withdraw its proposal for (A) cancellation of the company’s own shares and (B) increase of the share capital through a bonus issue, due to the fact that the board of directors was informed prior to the annual general meeting that the hedging measures involving the issue and transfer of own shares in connection with the proposed share programmes will not achieve the required majority. The board of directors therefore considers that a larger holding of own series B shares is appropriate in order to increase the freedom of action in relation to the financing of the delivery of shares to the participants under the programmes.

Resolution on the implementation of a long-term share program 2025:1 and hedging arrangements in respect of the program

The annual general meeting resolved in accordance with the proposal from the board of directors on the implementation of a long-term share program 2025:1 as well as hedging arrangements in accordance with the below.

The share program shall comprise not more than 4,500,000 series B shares and include senior executives, key employees, and certain other employees in the Truecaller group.

In the share program, the participants are allocated a certain number of rights that entitle them to series B shares in the company after the end of a vesting period of two, three and four years, respectively. Following the vesting period, the participants will, free of charge, be allocated shares in the company. Allocation of shares presupposes, with certain limited exceptions, the participant to remain employed within the Truecaller group during the vesting period. In addition, a pre-requisite for the allocation of shares is that certain performance targets are fulfilled by Truecaller regarding revenue growth rate and adjusted EBITDA.

Upon maximum allotment of performance shares a maximum of 4,500,000 series B shares  can be issued, corresponding to approximately 1.3 percent of the total number of issued shares and approximately 0.6 percent of the total number of votes in the company

In order to secure delivery of shares to the participants in the share program, the annual general meeting further resolved on hedging measures by way of entering into an equity swap agreement with a third party on terms in accordance with market conditions, whereby the third party in its own name shall be entitled to acquire and transfer series B shares in the company to the participants of the share program.

Resolution on the implementation of a long-term share program 2025:2 and hedging arrangements in respect of the program

The annual general meeting resolved in accordance with the proposal from the board of directors on the implementation of a long-term share program 2025:2 as well as hedging arrangements in accordance with the below.

The share program shall comprise not more than 1,000,000 series B shares for the company’s newly appointed CEO, Rishit Jhunjhunwala.

In the share program, the participant is allocated a certain number of rights that entitle the participant to series B shares in the company after the end of a vesting period of at least approximately three years. Following the vesting period, the participant will, free of charge, be allocated shares in the company. Allocation of shares presupposes, with certain limited exceptions, the participant to remain as the CEO of Truecaller during the vesting period. In addition, a pre-requisite for the allocation of shares is that certain performance targets are fulfilled by Truecaller regarding revenue growth rate and adjusted EBITDA. 

Upon maximum allotment of performance shares a maximum of 1,000,000 series B shares can be issued, corresponding to approximately 0.3 percent of the total number of issued shares and approximately 0.1 percent of the total number of votes in the company.

In order to secure delivery of shares to the participant in the share program, the annual general meeting further resolved on hedging measures by way of entering into an equity swap agreement with a third party on terms in accordance with market conditions, whereby the third party in its own name shall be entitled to acquire and transfer series B shares in the company to the participant of the share program.

Stockholm on 23 May 2025
Truecaller AB (publ)

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 290800
andreas.frid@truecaller.com

This information was submitted for publication, through the agency of the contact person set out above, at the time stated by the Company’s news distributor, Cision, at the publication of this press release.

About Truecaller:
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 450 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com.  

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/bulletin-from-the-annual-general-meeting-in-truecaller-ab-on-23-may-2025,c4154818

The following files are available for download:

https://mb.cision.com/Main/20429/4154818/3467808.pdf

Truecaller – Bulletin from Annual General Meeting 2025

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SOURCE Truecaller AB

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DeepKeep Demonstrates Superior Multilingual AI Security Performance in New Benchmark Study

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July 22, 2026

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As the gap in the multilingual security of AI guardrails grows, new benchmark research reveals that DeepKeep’s ability to detect prompt injection and PII across languages outperforms others, including Meta and Nvidia

TEL AVIV, Israel, July 22, 2026 /PRNewswire/ — DeepKeep, the end-to-end AI security platform, today unveiled the results of a new benchmark study showcasing significant improvements in the performance and efficiency of its multilingual AI security solution. The research study compared DeepKeep’s approach to other guardrails and LLM-as-a-Judge methods and demonstrated that DeepKeep’s multilingual capability provides superior accuracy and consistency.

As organizations deploy AI tools across global teams, the prompts and interactions these systems process increasingly span multiple languages. However, many AI security systems today are designed primarily for English-language prompts, and the consequences are measurable. A Brown University study found that translating unsafe inputs into low-resource languages got GPT-4 to engage with harmful requests 79% of the time, versus under 1% in English. As enterprises deploy AI globally, attackers can exploit this gap by issuing malicious prompts in other languages to bypass guardrails. While translation-based security solutions exist, these often introduce latency, lose context, or produce inconsistent results across languages, creating a growing security blind spot for multinational enterprises.

DeepKeep directly analyzes the semantic meaning of prompts and responses across languages using a cognition-based analysis, allowing the system to classify data without translating it into English first. The cognition-based solution can deliver an interpretable response, allowing the system to learn and improve in time. Due to their design, DeepKeep’s guardrails can efficiently handle zero-day attacks. The guardrails are also designed to handle mixed-language prompts seamlessly – a scenario increasingly common in enterprise environments where users combine multiple languages within a single AI query.

In benchmark testing against widely used open source models, including Meta’s LLaMa Prompt Guard and Nvidia’s NeMo, DeepKeep significantly outperformed in detecting prompt injection attempts and Personal Identifiable Information (PII).

The evaluation used several widely recognized prompt injection datasets, including SafeGuard, Wild Jailbreak, and Alpaca, with test sets translated into 12 additional languages including Japanese, German, Spanish, French, Italian, Korean, Dutch, and Portuguese. Across these benchmarks, DeepKeep achieved F1 scores approaching 0.98 in prompt injection detection while significantly reducing false negatives compared to translation-based guardrail models.

The platform maintains consistent security decisions across languages while operating with smaller, more efficient model architecture. DeepKeep’s multilingual classifier operates with a model of roughly 400 million parameters, which is significantly smaller than many guardrail models that rely on multi-billion-parameter architectures, enabling faster inference and lower latency in enterprise deployments.

“AI security has largely been built around the assumption that prompts are written in English or that translation is sufficient. That assumption no longer reflects how enterprises actually use AI,” said Yossi Altevet, CTO and Co-Founder at DeepKeep. “As AI systems are deployed across global teams and markets, security models must understand intent across languages, not just words. That shift requires a fundamentally different approach to how AI interactions are analyzed and protected, and we’re proud to have created a solution that meets this challenge with flying colors.”

DeepKeep’s multilingual security solution is part of the company’s established suite of enterprise AI security solutions that give businesses the confidence to leverage AI without sacrificing safety, control, or trust.

For more information about DeepKeep’s multilingual AI security research, read the full analysis here.

About DeepKeep

DeepKeep provides end-to-end AI security and trustworthiness across the full AI lifecycle. Its platform protects multimodal systems – including large language models and computer vision – helping enterprises deploy and use AI safely, accurately, and in compliance with security and privacy standards. With capabilities such as an AI Firewall, Vibe and Automated AI Red Teaming, AI Usage Control and advanced Model Scanning, DeepKeep enables cybersecurity teams to defend against vulnerabilities, data leakage, hallucinations, and bias while maintaining trust in AI-driven operations. Founded in 2021, DeepKeep is dedicated to securing the future of enterprise AI. For more information, visit www.deepkeep.ai.

Media Contact
Mike Katznelson
Headline Media
mike.katznelson@headline.media
US: +1 914 233 5302
UK: +44 203 769 0660

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SOURCE DeepKeep

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InfiniTrak Announces PioneerRx Integration to Deliver Streamlined DSCSA Compliance to Pharmacies

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July 22, 2026

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TOLEDO, Ohio, July 22, 2026 /PRNewswire/ — InfiniTrak the industry leading DSCSA provider is proud to announce the completed integration with PioneerRx, a RedSail Technologies company. This will deliver a fully integrated Drug Supply Chain Security Act (DSCSA) solution to independent pharmacies. The integration will streamline DSCSA compliance requirements by utilizing existing PioneerRx workflows.

Future of Pharmacy is Here: Two Industry Leaders Deliver Complete Inventory Visualization with Turnkey DSCSA Compliance.

As DSCSA requirements evolve, independent pharmacies face increasing pressure to ensure drug traceability, maintain accurate records, and strengthen supply chain security. InfiniTrak’s track-and-trace solutions bring end-to-end visibility across the supply chain, from manufacturing to pharmacy dispensing, to help pharmacies meet these requirements with confidence.

Through the new integration, InfiniTrak’s compliance capabilities are now available directly within PioneerRx. Pharmacies can verify authorized trading partners, manage EPCIS data, and maintain audit-ready records without leaving their pharmacy management system. At the same time, they can minimize supply chain disruptions and prevent medication misuse—thus improving patient care.

Melanie Christie, President of Pharmacy Systems at RedSail Technologies, expressed optimism about the integration’s impact. “RedSail’s mission has always been to provide independent pharmacies with technology that simplifies complex processes so they can focus on patient care. The completed InfiniTrak integration will allow pharmacies to meet DSCSA requirements without disrupting their regular workflow and spend more time serving patients.”

InfiniTrak’s Chief Executive Officer Alan Lancz, echoed enthusiasm about pharmacies’ capabilities with the integration. “Both InfiniTrak and RedSail Technologies have been leaders in their industries for over a decade. This integration is great timing to get all PioneerRx users compliant, with no interruption from current workflow, before the November 27, 2026 deadline,” Alan Lancz added.

Together, PioneerRx and InfiniTrak integration are transforming DSCSA compliance from a separate task to a seamless step in everyday pharmacy workflow. PioneerRx pharmacies can access the InfiniTrak integration for just $75 per month. To learn more about the integration and DSCSA, visit: https://infinitrak.us/pioneerrx/ or get started at: https://www.redsailtechnologies.com/dscsa

About InfiniTrak

InfiniTrak is a pioneer and industry leader in track-and-trace technology. Built specifically with the need of the end users in mind, the company offers intuitive, user-friendly solutions that automate operations and seamlessly integrate into existing pharmacy workflows. InfiniTrak simplifies the path to compliance by providing full DSCSA coverage for all current and upcoming FDA requirements. Along with its comprehensive compliance features, InfiniTrak seamlessly integrates with RedSail Technology solutions, including PrimeRx, BestRx, and now PioneerRx.

InfiniTrak is headquartered in Toledo, Ohio. For more information about InfiniTrak visit: www.infinitrak.us.

About PioneerRx

PioneerRx, a RedSail Technologies company, is the most installed independent pharmacy software on the market. With unmatched customer support and continuous innovation, PioneerRx equips pharmacies to thrive in a clinical, patient-centered future. By implementing user-driven enhancements and anticipating industry trends, PioneerRx empowers pharmacies to improve patient outcomes and achieve long-term success. To learn more about PioneerRx, visit www.PioneerRx.com.

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SOURCE InfiniTrak

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BOXX Insurance Futureproofs AI Coverage Ensuring Protection Against Deepfakes & Social Engineering

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July 22, 2026

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TORONTO, July 22, 2026 /CNW/ — BOXX Insurance, a global cyber insurtech part of Zurich Insurance Group, today announced affirmative coverage for AI and deepfake related events for social engineering and security failures within their commercial policy offering, Cyberboxx® Business. 

New AI Endorsement Eliminates AI Coverage Grey Zone

This announcement eliminates ambiguity and cements BOXX’s commitment to providing clear cover for AI-driven incidents for their customers and their broker partners.

AI is creating new cyber and digital threats for small businesses with 86% of US business leaders with cybersecurity responsibilities reporting at least one AI-related incident in the past 12 months. In Canada, the trends follow similar patterns as 81% of Canadian businesses that experienced fraud in the past year also faced an AI-enabled attack. The sophistication of AI and deepfakes is also changing how attacks are carried out, with threat actors leveraging these tools to target and trick employees at scale via enhanced social engineering attacks.

“Threat actors are exploiting trusted relationships amongst employee and executive networks which can result in handing over credentials or misdirecting payments without an actual breach,” said Erik Tifft, Global Head of Underwriting at BOXX Insurance. “That’s why we’ve updated our policy language to address the real risks that businesses, executives and their employees face in the age of AI.”

Pairing AI & Deepfake Coverage with Each and Every Loss Reinstatements for Full Policy Term Protection

This endorsement, coupled with BOXX’s First Party Each and Every Loss, keeps coverage available throughout the policy period by reinstating the policy Aggregate Limit of Liability after each cyber incident. As AI-driven social engineering and deep fake losses ramp up, the risk of having multiple claims over a policy period increases.

“Our underwriting is keeping up with the higher frequency and the changing nature of emerging cyber and AI-driven threats,” continued Tifft, “As a result, we’re continuously enhancing our cyber insurance products with broadened, affirmative coverages to capture emerging cyber threats and new forms of cybercrime, whether they occur via systems breaches or through advanced social engineering.”

About BOXX Insurance

BOXX Insurance helps businesses and individuals insure and defend against cyber and technology risks, harnessing the power of ALL IN ONE Cyber and Technology Insurance and Protection. Headquartered in Toronto, Canada, with offices worldwide, BOXX is a global, award-winning provider of cyber protection services and technology insurance coverage.

We’re not a typical insurance company. That’s by design. We’re obsessive about making clients’ digital worlds safer and more resilient; creating real, positive changes for our clients, partners and brokers. With comprehensive, technologically advanced products and services that have a strong emphasis on predicting, preventing and insuring against negative cyber and technology events, BOXX is dedicated to helping businesses operate securely and confidently in an increasingly complex digital environment, 365 days a year. 

BOXX Insurance Inc. is part of Zurich Global Businesses & Operations, a global ecosystem focused on delivering meaningful value to customers and partners. By bringing together Travel, Cyber and Zurich’s global operations, including global capability centers, we operate at scale to provide customized, proactive and digital experiences that help individuals and businesses be better prepared for the future.

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SOURCE BOXX Insurance

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