NOTICE TO THE ANNUAL GENERAL MEETING

Core Points - The Annual General Meeting (AGM) of Afarak Group SE is scheduled for June 3, 2025, at 10:00 a.m. Finnish time, with registration starting at 9:30 a.m. [1] - Shareholders have the option to vote in advance, with instructions provided in the AGM notice [2] Agenda Items - Presentation of the annual accounts, the Report of the Board of Directors, the Auditor's report, and the Assurance Report on the Sustainability Report for the year 2024 [4] - Adoption of the Group annual accounts, income statement, and balance sheet [5] - The Board proposes no dividend distribution for the financial year ended December 31, 2024, due to weaker results amid macroeconomic uncertainty [5][7] - The target dividend payout ratio is set at a minimum of 10% of Afarak Group's EBITDA per full year [6] - The Board of Directors proposes to authorize the distribution of a maximum of EUR 0.005 per share as dividend from retained earnings and/or assets from the reserve for invested unrestricted equity, valid until December 31, 2025 [7] - Approval of the remuneration report for governing bodies for 2024 is proposed [8] - The remuneration report was published on March 28, 2025, and is available on the company's website [9] - The Nomination and Remuneration Committee proposes the number of Board members to be three [13] - Dr. Jelena Manojlovic and Thorstein Abrahamsen are proposed for re-election, with Julien Duniague as a new member [14] - The Board proposes the re-election of Tietotili Audit Oy as the auditor and sustainability reporting assurer [15][16] Meeting Procedures - The meeting will include standard procedures such as opening, calling to order, approval of the agenda, and recording attendance [10] - Shareholders must register by May 21, 2025, to participate in the AGM [19] - Advance voting is available from May 12, 2025, to May 26, 2025 [30] - Shareholders can participate through a proxy representative [23] Additional Information - As of May 9, 2025, Afarak Group SE has a total of 277,041,814 shares issued, all with voting rights [38] - The company holds 15,641,514 shares in treasury [38]