The shareholders of Magnora ASA are hereby invited to an Extraordinary General Meeting to be held on 10 November 2026 at 09:00 CET at the offices of Advokatfirmaet BAHR, Tjuvholmen allé 16, Oslo, Norway. There will also be an option for shareholders to call in to the meeting.
Attached is the notice of the meeting, including attendance and proxy forms and the Nomination Committee's recommendation. The notice is also available at Magnora ASA’s website: www.magnoraasa.com.
The Nomination Committee has recognised that Magnora ASA’s Board member Lars Schedin is providing particular value in Magnora Data Center ASA where he also serves as a Board member. After conferring with Mr. Schedin, the Nomination Committee recommends that his position in Magnora ASA transitions from Board member to Board observer, allowing him to dedicate additional time to Magnora Data Center ASA while continuing to contribute to the work of the Magnora ASA Board.
As a new Board member in Magnora ASA, the Nomination Committee recommends the election of Stephen C. Harris, a US investor with more than 20 years of investment and capital markets experience across private equity, venture capital, credit and public markets. He is Managing Director and Head of Research at Anthos Capital, a Santa Monica-based growth equity firm with approximately USD 3 billion under management, and has broad Board experience. He holds a B.S. in Economics (summa cum laude) from the Wharton School of the University of Pennsylvania. He is also a significant shareholder in Magnora ASA, holding 1,371,452 shares.
Shareholders who register for the Extraordinary General Meeting are encouraged to submit a proxy or cast their votes electronically in advance through VPS. Votes cannot be cast during the meeting via phone or video conference.
Link to the meeting will be made available on Magnora's web page a few days before the meeting.
To sign up and/or give proxy, please use this link: https://investor.vps.no/gm/logOn.htm?token=1e594580426d98ad3d7563a05300094841db8455&validTo=1796889600000&oppdragsId=20261019VPLOSAU0
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery projects, as well as a data center operator. Magnora has operations in Europe and Africa through the portfolio companies Magnora Data Center ASA, Helios Magnora Sol AS, Magnora Offshore Wind AS, Magnora Germany, Magnora Italy Srl., Magnora Solar PV UK, Magnora South Africa, and AGV. Magnora also has earn-out revenues related to the former portfolio companies Helios Nordic Energy and Evolar. Magnora is listed on the main list of the Oslo Stock Exchange under the ticker MGN.