NOTICE OF EXTRAORDINARY GENERAL MEETING 2024 OF RAKETECH GROUP HOLDING P.L.C. in Accordance with Article 57 of the Articles of Association of the Company (the "Articles")

TRIQ I-IMSIDA IL-GZIRA, MALTA / ACCESSWIRE / May 16, 2024 / Raketech (STO:RAKE) NOTICE IS HEREBY GIVEN that the EXTRAORDINARY GENERAL MEETING 2024 (the "Meeting") of Raketech Group Holding p.l.c., company registration number C77421 (the "Company" or "RGH"), will be held on 26 June 2024, at 1 p.m. (CET) at the premises of the Company in SOHO Office (The Strand), Fawwara Building, Triq l-Imsida il-Gzira, Malta.

Purpose of the Meeting

• At the Company's annual general meeting held on 16 May 2024 (the "AGM"), the Board of Directors proposed the adoption of an extraordinary resolution to authorise the Company to acquire its own shares (the "Extraordinary Resolution").
• In order to be passed at the AGM, the Extraordinary Resolution required the support of shareholders having the right to attend and vote at the AGM holding in the aggregate (i) not less than 75 per cent in nominal value of the shares represented and entitled to vote at the AGM; and (ii) at least 51 per cent in nominal value of all the Company´s issued shares.
• Only the first of the two aforementioned majorities was obtained at the AGM in respect of the Extraordinary Resolution. In this regard, article 135 of the Companies Act (Cap. 386 of the laws of Malta) and article 97 of the Articles provides that if one of the two required majorities for the passing of an extraordinary resolution is obtained, but not both, another meeting shall be convened within thirty days to take a fresh vote on the proposed resolution, at which meeting the resolution may be passed by a member or members having the right to attend and vote at the meeting holding in the aggregate not less than seventy five per cent (75%) in nominal value of the shares represented and entitled to vote at the meeting. Alternatively, if more than half in nominal value of all the shares having the right to vote at the meeting are represented at that meeting, a simple majority in nominal value of such shares so represented shall suffice.
• Accordingly, the Meeting is hereby being convened within thirty (30) days of the AGM in order to take a fresh vote on the Extraordinary Resolution, which is once again proposed by the Board and which may be passed in accordance with the revised majority requirements set out in the preceding paragraph.

Attendance and voting