Grigeo : Decisions and voting results of general meeting (2024 04 26)

DECISIONS AND VOTING RESULTS OF THE ANNUAL GENERAL MEETING OF

SHAREHOLDERS OF GRIGEO AB WHICH WAS HELD ON 26th APRIL 2024

The Annual General Meeting of Shareholders (hereinafter referred to as the Meeting) of Grigeo AB (hereinafter referred to as the Company) was held on 26th April 2024.

The authorised capital of the Company is equal to EUR 38,106,000. The authorised capital of the Company is divided into 131,400,000 ordinary registered shares with a par value of EUR 0.29 each. One ordinary registered share of the Company gives one vote at the General Meeting of Shareholders. At the close of the accounting day of the Meeting the total number of votes carried by the shares issued by the Company was 131,400,000.

The Company has received 3 valid general ballot papers filled-in and submitted in advance, no invalid general ballot papers were submitted.

The Meeting was attended by the shareholders who hold 98 133 985 ordinary registered shares issued by the Company carrying 98 133 985 votes, which amounted to 76.956 percent of the total number of the Company's vote-carrying shares. The Meeting had a quorum, and the Meeting could adopt decisions. The Meeting adopted the following decisions:

1. Assent to the Remuneration Report of the Company.

To assent to the Company's Remuneration Report, which is presented as a part of the Company's consolidated annual report for the year 2023.

Voting results:

For - 98 133 985 votes,

Against - 0 votes,

Did not vote - 0 votes.

2. Approval of the consolidated and separate financial statements of the Company for the year ended 31 December 2023.

To approve theconsolidated and separate financial statements of the Company for the year ended 31 December 2023.

Voting results:

For - 98 133 985votes,

Against - 0 votes,

Did not vote - 0 votes.

3. Аppropriation of the Company's profit for the year 2023.

To approve the appropriation of the Company's profit for the year 2023 according to the draft of profit appropriation presented for the Annual General Meeting of Shareholders (attached).

Voting results:

For - 98 133 985 votes,

Against - 0 votes,

Did not vote - 0 votes.

4. Change of Company name.

Change the name of theCompany from AB "Grigeo" to AB "Grigeo Group".

5. Amendment of the Articles of Association of the Company and approval of the new wording of the Articles of Association.

To amend the Articles of Association of the Company and to approve the new version of the Articles of Association of the Company (attached). To authorise Chief Executive Officer of the Company (with the right to reauthorise) to sign the new wording of the Articles of Association of the Company.

Voting results:

For - 98 133 985 votes,

Against - 0 votes,

Did not vote - 0 votes.