Bulletin from Annual General Meeting in Arcane Crypto AB

BULLETIN FROM ANNUAL GENERAL MEETING IN ARCANE CRYPTO AB

At todays Annual General Meeting in Arcane Crypto AB, Reg. No. 556668-3933 (the "company"), which has been conducted solely through postal voting pursuant to temporary legislation, the following resolutions were made. All resolutions were in accordance with the submitted proposals, described in detail in the general meeting documents available on the companys website, investor.arcanecrypto.se.

Adoption of the income statement and balance sheet and the consolidated income statement and the consolidated balance sheet

It was resolved to adopt the income statement and balance sheet for the financial year 2021.

Dispositions regarding profit or loss according to the approved balance sheet

It was resolved, in accordance with the Board of Directors proposal, that no dividend is paid and that available profits are carried forward.

Discharge of liability of the Board of Directors and Chief Executive Officer

It was resolved to discharge all members of the Board of Directors and the Chief Executive Officer from liability for the management of the companys affairs for the financial year 2021.

Determination of the number of members of the Board of Directors and auditors

It was resolved that the Board of Directors shall consist of five (5) members and that one (1) registered accounting firm be elected as auditor without deputy auditors.

Fees for the Board of Directors and auditor

It was resolved that fees for the Board of Directors shall be SEK 400,000 to the Chairman of the Board of Directors, and SEK 175,000 to the other Board members elected by the Annual General Meeting who are not employed by the company. It was resolved that fees to the auditor shall be paid per approved invoice.

Election of Board of Directors and auditor

It was resolved on re-election of Michael Jackson, Viggo Leisner, Sïmon Saneback and Kristian Kierkegaard, as well as new election of Kristian Lundkvist as member of the Board of Directors for the period until the end of the next Annual General Meeting.

It was resolved on re-election of the registered auditing company RSM Stockholm AB as the companys auditor for the period until the end of the next Annual General Meeting. The Authorized Public Accountant Karl-Henrik Westlund will be auditor in charge.

Resolution on authorization for the Board of Directors to issue shares, warrants and/or convertibles

It was resolved to authorize the Board of Directors, during the period up to the next Annual General Meeting, to resolve upon new issue of shares, warrants and/or convertible instruments, with or without deviation from the shareholders preferential rights. The total number of shares warrants and/or convertible instruments that are issued based on the authorization may correspond to at most twenty five (25) percent of the total number of shares in the company at the time of a resolution based on the authorization. Payment may, in addition to cash payment, be made in kind or by set-off, or otherwise with conditions.

The reason for any deviation from the shareholders preferential rights shall be to enable the company to issue shares, warrants and/or convertible instruments in connection with company acquisitions, but also to increase the companys financial flexibility and to strengthen the companys financial position if necessary. The subscription price shall be determined in accordance with current market conditions. If the Board of Directors deems it appropriate in order to enable the delivery of shares in connection with an issue as described above, this may be done at a subscription price equal to the quota value of the share.

For further information contact:

Torbjørn Bull Jenssen, CEO, Arcane Crypto AB

E-mail: [email protected]

Web: investor.arcanecrypto.se

About Arcane Crypto

Arcane Crypto develops the infrastructure and products that enable worldwide adoption of bitcoin and digital assets. Arcane is building a platform for users to learn, trade and invest in digital assets, all from one account. Our market leading research content educates our users and builds trust. Arcane achieves scale by providing a platform with open APIs, allowing third parties to develop their own products using our technology and then distribute their product to our users.

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: [email protected], web: www.mangold.se.

The following documents can be retrieved from beQuoted
Bulletin-from-AGM-2022-Arcane-Crypto-AB.pdf