Bulletin from Annual General Meeting in Sileon AB (publ)

The following resolutions were passed at the Annual General Meeting (the “AGM”) of Sileon AB (publ) (“Sileon” or the “Company”) held today on 23 April 2024 in Stockholm, Sweden.

Adoption of Income Statement and Balance Sheet for the Financial Year 2023 and Discharge from Liability

The AGM resolved to adopt the income statement and the consolidated income statement for the financial year 2023 as well as the balance sheet and the consolidated balance sheet as of 31 December 2023, as set out in the annual report. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023.

Allocation of Profits

The AGM resolved, in accordance with the Board of Directors’ proposal, that no dividend be paid for 2023 and that the profits available to the AGM shall be carried forward.

Election of Board Members, Auditors, Fees to the Board of Directors and Auditors

The AGM resolved, in accordance with the Nomination Committee’s proposal, that the number of members of the Board of Directors shall be four without deputies and that the number of auditors shall be one registered accounting firm.

In accordance with the Nomination Committee’s proposal, Kent Hansson, Torstein Harildstad, Jenny Karlsson and Linus Singelman were re-elected as members of the Board of Directors. All elections for the period until the end of the next Annual General Meeting. Kent Hansson was re‑elected as the Chairman of the Board of Directors. The registered audit firm KPMG AB was re-elected as auditor of the Company, with Magnus Ripa as auditor-in-charge, for the period until the end of the next Annual General Meeting.

The AGM resolved, in accordance with the Nomination Committee's proposal and for the period until the end of the next Annual General Meeting, that remuneration to the Board of Directors shall be paid, in accordance with the remuneration levels resolved by the Annual General Meeting 2023, with SEK 215,000 to the Chairman of the Board of Directors and SEK 165,000 to each of the other members of the Board of Directors. The AGM further resolved, in accordance with the Nomination Committee's proposal, that remuneration to the Company's auditor shall be paid in accordance with approved statement of costs.

Authorisation for the Board of Directors to resolve on new share issues, etc.

The AGM resolved, in accordance with the Board of Directors’ proposal, to authorise the Board of Directors to, for the period until the end of the next Annual General Meeting, on one or several occasions and with or without deviation from the shareholder’s preferential rights, resolve on new issues of shares, warrants and/or convertibles entitling to shares equal to not more than 20 per cent of the, at the time of the issue resolution, registered share capital of the Company. The authorisation may also be exercised for issues of shares, warrants and/or convertibles with preferential rights for shareholders corresponding to the available capacity according to the Company’s Articles of Association at the time of the issue resolution.

Deviation from the shareholders’ preferential rights shall be possible in connection with future investments in the form of acquisitions of operations, companies, shares in companies or otherwise for the Company’s future expansion. If the Board of Directors resolves on an issue with deviation from the shareholders’ preferential rights, the rationale shall be that the Board of Directors shall be able to issue shares in the Company to be used as a means of in-kind payment or the right to offset debt, or to in a flexible and cost-efficient manner raise capital to use as means of payment or to continuously adjust the Company’s capital structure.

For more information, please contact:

David Larsson, CEO, Sileon, [email protected],  +46 725 502 306.

The information was submitted for publication, through the agency of the contact person set out above, at 16:10 CEST on 23 April 2024.

About Sileon

Sileon AB (publ) is a global fintech company that offers an innovative SaaS-based Buy Now Pay Later (BNPL) functionality to banks, lenders and fintechs. Sileon's BNPL solution is integrated into the customer's environment and operates under the customer’s brand, which, unlike conventional BNPL solutions, enables the customer to independently provide BNPL without being dependent on third parties. Sileon operates in a fast-growing international market with an estimated transaction value of $ 680 billion globally by 2025. Sileon is listed on the Nasdaq First North Growth Market and has it’s headquarters in Stockholm, Sweden. The company’s Certified Adviser is Carnegie Investment Bank AB (publ).