Resolutions of the shareholders of Hepsor AS – adoption of resolutions of the general meeting without calling a meeting

Group 1 - The management board of Hepsor AS published draft resolutions for shareholders' approval without calling a meeting on June 5, 2025 [1] - The list of shareholders entitled to vote was determined as of June 5, 2025, with a total of 9,142 shareholders owning 3,854,701 shares [2] - Six shareholders submitted their votes, representing a total of 2,978,700 votes, which is 77.27% of all votes determined by shares [3] Group 2 - The shareholders approved the acquisition of a 20% minority shareholding in Hepsor Latvia OÜ from Hugomon OÜ, with 2,978,700 votes in favor, representing 77.27% [4][5] - The articles of association were amended, allowing the Supervisory Board to increase the share capital and issue new shares to Hugomon OÜ, with the same voting results [5][7] - The pre-emptive subscription rights of existing shareholders were excluded for the issuance of 57,821 new shares in connection with the acquisition [6][7] Group 3 - Hepsor AS is a developer of residential and commercial real estate operating in Estonia, Latvia, and Canada, having created 2,076 homes and nearly 36,300 m² of commercial space over fourteen years [8] - The company has implemented innovative engineering solutions to enhance energy efficiency and environmental friendliness in its buildings [8] - Hepsor's portfolio includes 25 development projects with a total area of 172,800 m² [8]