Notice of annual general meeting of shareholders of Nordecon AS

The management board of Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) hereby calls an annual general meeting of shareholders, which shall be held on 22 May 2024 at 10:00 am at the Radisson Blu Hotel Olümpia conference hall Sigma (Liivalaia 33, 10118 Tallinn).

The list of shareholders entitled to vote at the general meeting is determined on 15 May 2024 as at the end of the working day of the Nasdaq CSD Estonia settlement system.

The registration of the participants of the annual general meeting begins at 9:00 am and ends at 10:00 am at the venue of the general meeting.

For registration, please submit:

• in case of a shareholder who is a natural person, a passport or ID card as a document of identification, the representative of the shareholder must also submit a valid power of attorney in written format;
• in case of a shareholder who is a legal entity, a valid extract from the respective register where the legal entity is registered and which provides the basis of the representative’s right to represent the shareholder (legal representation) and the representative’s passport or ID card or any other document of identification with a photo. If the legal entity is represented by a person who is not a legal representative of the legal entity, a valid power of attorney in written format must also be submitted.

Prior to the annual general meeting, a shareholder may notify the Company of giving a proxy or cancelling a proxy by sending a respective digitally signed power of attorney or a PDF format copy of the original power of attorney (the original must be submitted at the meeting) to the e-mail address [e-mail] or by delivering the original power of attorney in person during working days from 10:00 am until 4:00 pm to the address Toompuiestee 35, 10149 Tallinn not later than by the last working day prior to the annual general meeting, i.e. by 21 May 2024 at 4:00 pm. The template power of attorney that a shareholder may use to authorize a representative is available at the Company’s website at www.nordecon.com.

Pursuant to the resolution of the Company’s supervisory board of 19 April 2023, the agenda of the annual general meeting is as follows:

1. Approval of the Company’s annual report for the 2023 financial year and proposal for the distribution of profit;
2. Election of the auditor for the 2024 financial year and deciding on the remuneration of the auditor.

The supervisory board of the Company makes the following proposals to the shareholders: