Kyoto - Notice of extraordinary general meeting

Reference is made to the stock exchange announcement published by Kyoto Group AS (the "Company" or "Kyoto") (Euronext Growth: KYOTO) on 10 January 2023 regarding the successfully placed private placement of 3,428,571 new shares in the Company at a subscription price of NOK 17.50, raising NOK 60 million in gross proceeds (the "Private Placement"), and a proposed subsequent share offering of up to 500,000 new shares at a price per share of NOK 17.50 (the "Subsequent Offering").

The Company's board of directors (the "Board") hereby calls for an extraordinary general meeting to be held on 18 January 2023 at 15.00 CET in order to approve (i) the share capital increase pertaining to the Private Placement and (ii) the Board's proposal to authorise the Board to increase the share capital in connection with the contemplated Subsequent Offering.

The extraordinary general meeting will be held at the Company's office at Fornebuveien 1, 1366 Lysaker, Norway. Shareholders may also participate electronically via Teams. To receive a Teams invite for the extraordinary general meeting, please contact Håvard Haukdal, [email protected], before 17 January 2023 at 16.00 at the latest.  

The notice for the extraordinary general meeting, including the Board's proposed resolutions, the notice of attendance and proxy forms, are attached to this notice and will be made available on the Company's website: www.kyotogroup.no.

Shareholders may appoint a proxy to attend and vote on their behalf. In this case, a written and dated proxy must be provided to CFO Håvard Haukdal before 17 January 2023 at 16.00 CET, in order for the Company to control the proxy against the Company's shareholder register.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.