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Bulletin from the Extraordinary General Meeting of Eurobattery Minerals AB on 30 November 2022

EQS-News: Eurobattery Minerals AB / Key word(s): AGM/EGM Bulletin from the Extraordinary General Meeting of Eurobattery Minerals AB on 30 November 2022 30.11.2022 / 16:00 CET/CEST The issuer is solely responsible for the content of this announcement. Bulletin from the Extraordinary General Meeting of Eurobattery Minerals AB on 30 November 2022

Stockholm, 30 November 2022 – The shareholders of the mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”) held an Extraordinary General Meeting on 30 November 2022 by advance voting, at which the following main resolutions were passed.

New issue of units with pre-emptive rights for the company’s shareholders

The Meeting decided to increase the company’s share capital by not more than SEK 33 044 474 through a new issue of not more than 16,522,237 units, with pre-emptive rights for the company’s shareholders. One unit right will be received for every one existing share held on the record date of 5 December 2022. One unit right entitles the holder to subscribe for one unit.

Authorization regarding Over-Allotment issue

The board was authorized to, on one or more occasions before the next annual general meeting, with or without deviating from the shareholders' pre-emptive rights, resolve on the issue of a maximum of 5,000,000 units, each of a new share and a new warrant, provided that those who registered for subscription has not received full allotment.

Directed issue of warrants

Formue Nord Fokus A/S was offered to subscribe for a maximum of 3,333,333 new warrants which, when exercised, will result in the issue of a maximum of 3,333,333 new shares and an increase the company's share capital of a maximum of SEK 3,333,333. The warrants are issued free of charge. The reason for the deviation from the shareholders' pre-emptive right is an agreement with Formue Nord Fokus A/S regarding a liquidity-efficient repayment of an outstanding convertible.