Notice on the Adoption of Resolutions of the General Meeting of Hepsor AS Without Convening the Meeting

Core Points - Hepsor AS plans to acquire a 20% minority shareholding in Hepsor Latvia OÜ from Hugomon OÜ, represented by Martti Krass, to align management interests with the company [1][5] - The company will pay €20,000 in cash and issue 57,821 new shares to Hugomon OÜ as part of the transaction [9] - The company’s current share capital is €3,854,701, divided into 3,854,701 ordinary shares, each granting one vote [4] Shareholder Voting Process - Shareholders must submit their votes digitally or in hard copy by June 12, 2025, at 11:59 PM Estonian time [3][15] - Voting forms must be signed digitally or submitted with a handwritten signature, and additional identification may be required for representatives [10][11] - The voting form and related documents are available on the company's website [12] Proposed Resolutions - Approval of the acquisition of the minority shareholding in Hepsor Latvia OÜ [5] - Amendment of the articles of association to facilitate the transaction [6][7] - Exclusion of pre-emptive subscription rights for existing shareholders regarding the new shares issued [7][9] Company Overview - Hepsor AS is a developer of residential and commercial real estate operating in Estonia, Latvia, and Canada [14] - The company has developed 2,076 homes and nearly 36,300 square meters of commercial space over fourteen years [14] - Hepsor is recognized for implementing innovative engineering solutions to enhance energy efficiency in its buildings [14]