Report from Annual General Meeting of Re:NewCell AB on 16 May 2023

STOCKHOLM, SE / ACCESSWIRE / May 16, 2023 / Re:NewCell AB (publ) (FRA:6QP) (STO:RENEW) At the Annual General Meeting of Re:NewCell AB (the "Company") on 16 May 2023 the following decisions were made. All resolutions passed were in accordance with the submitted proposals, which are described in detail in the AGM documents available on the Company's website, www.renewcell.com.

Adoption of the income statement and balance sheet
The Annual General Meeting resolved to approve the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for 2022.

Appropriation of the Company's result according to the adopted balance sheet
The Annual General Meeting resolved that no dividend is paid and that available profits are carried forward.

Resolution on discharge from liability
The Annual General Meeting resolved to grant all members of the Board of Directors and the Chief Executive Officer discharge from liability for the management of the Company's affairs during 2022.

Election of Board of Directors and auditor
The Annual General Meeting resolved that the Board of Directors shall consist of five members. The Annual General Meeting resolved to re-elect Michael Berg, Mia Hemmingson, Anna Attemark, Helene Willberg and Henrik Ager as members of the Board of Directors for the period until the end of the next Annual General Meeting. Michael Berg was re-elected Chairman of the Board.

The Annual General Meeting resolved to appoint one registered accounting firm as auditor, without deputy auditors. The Annual General Meeting resolved to elect the registered auditing company KPMG AB as the Company's auditor for the period until the end of the next Annual General Meeting. The Authorized Public Accountant Johanna Hagström Jerkeryd will be the principal auditor.

Fees to the members of the Board of Directors and auditor
The Annual General Meeting resolved that fees to the Board of Directors shall be paid as follows (fees for 2022 within brackets):

• SEK 300,000 (300,000) to the Chairman of the Board and SEK 150,000 (150,000) to each of the other members elected by the Annual General Meeting. Fees shall not, however, be paid to members who are employees of the Company or dependent in relation to major shareholders, and
• SEK 150,000 (125,000) to the Chairman of the Audit Committee and SEK 60,000 (60,000) to each of the other members of the Audit Committee and SEK 20,000 (20,000) to the Chairman of the Remuneration Committee and SEK 15,000 (15,000) to each of the other members of the Remuneration Committee.

The Annual General Meeting resolved that the auditor's fees be paid as per approved invoice.