The Board of Elektroimportøren AS has resolved that the Annual General Meeting
of the Company will be held on 29 April 2026 at 10:00 (CEST). The notice of the
Annual General Meeting is attached and will also be made available at
www.elektroimportoren.no.
The Board has resolved to propose that the General Meeting grants the Board an
authorization to increase the Company's share capital with up to NOK 253,911
through the issue of up to 5,078,220 new shares, each with a nominal value of
NOK 0.05. The authorization may only be used in connection with capital
increases for the financing of the company's business or in connection with
acquisitions or other strategic investments. The proposed authorization
represents up to 10% of the Company's share capital.
Further, the Board has resolved to propose that the General Meeting authorized
the Board to repurchase up to 5,078,220 of the Company's own shares in the
market, with an aggregate nominal value of up to NOK 253,911. This represents up
to 10% of the Company's share capital. Such an authorization will give the Board
flexibility and alternative courses of action, including in connection with
investments where the consideration may consist of shares in the Company, or
through share repurchases followed by cancellation. Any repurchase of shares
will only be done in accordance with applicable laws, including the applicable
rules on equal treatment of shareholders.
Finally, the Board has proposed to amend the articles of association to include
a provision setting a registration deadline for attendance at the General
Meeting, requiring that notice of attendance is received by the Company no later
than two business days prior to the General Meeting. The proposal is in
accordance with the main rule under the Norwegian Public Limited Liability
Companies Act.
For further details, please see the attached notice.
The Nomination Committee's recommendation to the Annual General Meeting is
attached and will also be made available at www.elektroimportoren.no.
The Annual General Meeting will be held digitally via Teams, in accordance with
section 5-8 of the Norwegian Private Limited Liability Companies Act.
Shareholders wishing to attend the meeting are encouraged to register no later
than 16:00 hours (CEST) on 27 April 2026 in accordance with the instructions set
out in the notice. The Teams invitation will be sent to the enrolled
shareholders via e-mail prior to the meeting.