Notice of Annual General Meeting of Condo Nordic Holding AB

The shareholders of Condo Nordic Holding AB (publ), reg. no. 559432-1571 (the "Company"), are hereby invited to the Annual General Meeting on Monday, 30 June 2025 at 09:00 CET. The meeting will be held digitally via Microsoft Teams.

Right to Participate and Notification

The right to participate in the Annual General Meeting is granted to those who are entered as shareholders in the share register maintained by Euroclear Sweden AB as of the record date of 19 June 2025 and who notify the Company of their participation no later than 24 June 2025 by email to ir@condoholding.com. The notification should include the name or company name, personal or corporate identity number, address, telephone number, shareholding, and any assistants (a maximum of two).

Nominee-Registered Shares

Shareholders with nominee-registered shares must have their shares registered in their name to be entitled to participate in the Annual General Meeting. Such registration must be completed no later than 19 June 2025 and is requested from the nominee according to their procedures.

Proxy and Power of Attorney

Shareholders attending by proxy must provide a written power of attorney. The power of attorney form is available from the Company and on the Company’s website www.condoholding.com. The power of attorney is valid for a maximum of one (1) year from its issue date unless a more extended validity period is specified, but no longer than five (5) years. Legal entities must also attach a registration certificate or equivalent authorisation document (issued no more than one (1) year before the meeting).

Participation in the Digital AGM

Login details for the Teams meeting will be emailed to registered shareholders no later than the day before. Participants are asked to connect approximately 10 minutes before the scheduled start time to ensure a technical connection. Participation requires a computer, tablet, or smartphone with internet access and a functioning camera and microphone.

Documents etc.

Shareholders are reminded of their right to request information under Chapter 7, Section 32 of the Swedish Companies Act. The annual report, auditor’s report, and other documents as required by the Companies Act will be available at the Company and on www.condoholding.com no later than three weeks before the meeting. It will be sent to shareholders who request it and provide their postal address.

Proposed Agenda

1. Opening of the meeting and election of the chairman of the meeting
2. Preparation and approval of the voting list
3. Election of one or two persons to verify the minutes
4. Determination of whether the meeting has been duly convened
5. Approval of the agenda
6. The CEO’s report, the presentation of the annual report, and the auditor’s report
7. Resolution on:
   1. adoption of the income statement and balance sheet,
   2. allocation of the Company’s profit or loss as per the adopted balance sheet,
   3. discharge from liability for the board members and the CEO
8. Determination of fees for the board and auditor
9. Election of the board and the auditor
10. Resolution on authorisation for issuance of shares or convertibles
11. Closing of the meeting

Proposals for Resolutions

Item 1 – Election of Chairman of the Meeting

The board proposes that Elisa Saarinen, or a person appointed by the board in her absence, be elected chairman of the meeting.

Item 7 – Adoption of Income Statement and Balance Sheet, etc.

The board proposes that the Annual General Meeting adopt the Company’s income statement and balance sheet.

The board proposes that the year’s loss be carried forward.

Finally, the board proposes that the AGM discharge the board members and the CEO from liability for the past financial year.

Item 8 – Determination of Fees

Shareholder Feiholm Invest Oy proposes that board fees be paid in the amount of SEK 120,000 to the chairman and SEK 60,000 to each of the other board members elected by the AGM who do not receive a salary from the Company, and that fees to the auditor be paid according to an approved invoice.

Item 9 – Election of Board and Auditor

Shareholder Feiholm Invest Oy proposes that the board consist of four ordinary members.

Item 10 – Authorisation for Share or Convertible Issue

The board proposes that the meeting authorise the board to, on one or more occasions until the next AGM, within the framework of the current articles of association, resolve to increase the Company’s share capital through the issue of shares or convertibles. The board may decide on the issue of shares or convertibles with or without preferential rights for shareholders, for cash payment or with provisions regarding contributions in kind, set-off, or otherwise with conditions as per Chapter 2, Section 5, paragraph 2, items 1-3 and 5 of the Swedish Companies Act.

Issues under this authorisation shall be made on market terms. The board shall have the right to determine the other terms of the issues and who shall be entitled to subscribe for the shares or convertibles. The reason for allowing the board to decide on issues with deviation from shareholders’ preferential rights or with provisions for contribution in kind, set-off, or otherwise with such conditions is to enable the Company to issue shares or convertibles in connection with acquisitions of companies or businesses and to conduct directed issues to raise capital for the Company.

The CEO or the person appointed by the board has the right to make the minor adjustments required to register the resolution with the Swedish Companies Registration Office.

Majority Requirements

Resolutions under item 10 are valid only if supported by shareholders representing at least two-thirds of the votes cast and the shares represented at the meeting.

Stockholm, May 2025

The Board of Directors of Condo Nordic Holding AB (publ)

ir@condoholding.com