Notice of Annual General Meeting of Eastnine AB (publ)

This is an unofficial translation of the Swedish notice. In case of any discrepancies between the Swedish notice and this English translation, the Swedish notice shall prevail.

Shareholders of Eastnine AB (publ), reg. no. 556693-7404, (the “Company”) are hereby given notice to attend the Annual General Meeting (“AGM”) to be held on Thursday, 25 April 2024 at 15.00 (CEST) at IVA Konferenscenter, Grev Turegatan 16 in Stockholm, Sweden. Registration and admission for the Annual General Meeting starts at 14.30.

Program

To the extent possible, Board members will attend the Annual General Meeting.

14.30     Registration for the Annual General Meeting opens (registration can be made until 15.00)
15.00     Annual General Meeting

After the Annual General Meeting coffee/tea will be served.

Notification and the right to attend etc.

Those that wish to attend the AGM must both:

• be registered as shareholders in the share register kept by Euroclear Sweden AB on Wednesday, 17 April 2024, or, if the shares are registered in the name of a nominee, request that the nominee registers the shares in the shareholder’s own name for voting purposes in such time that the registration is completed by Friday, 19 April 2024; and
• give notice of their intention to participate at the AGM not later than on Friday, 19 April 2024.

Notice of participation at the AGM may be given either by telephone +46 8 505 97 700, by email to [email protected], or by regular mail to Eastnine AB (publ), “AGM”; Box 7214, SE-103 88 Stockholm, Sweden.

The name, personal identification number (or company registration number), address and telephone number of the shareholder, shareholding and, if applicable, attendance of any representatives or assistants should be provided in the notice of participation. No more than two assistants may attend and only if the number of assistants has been stated in advance.

In order to be entitled to participate at the AGM, shareholders whose shares are registered in the name of a nominee must temporarily re-register the shares in their own name. Such re-registration must be effected at Euroclear Sweden AB not later than on Friday, 19 April 2024. Thus, the nominee should be notified in due time prior to this date.

Personal data collected from powers of attorney and the share register kept by Euroclear Sweden AB will be used for registration and preparation of the voting list for the AGM.

Proxies etc.

Shareholders who are represented by proxy shall issue a power of attorney for the representative. Power of attorney in original and, for legal entities, certificate of registration should be submitted to the Company at the address above in due time prior to the AGM. The power of attorney and certificate of registration may not be older than one year, the power of attorney may however be older if it, according to its wording, is valid for a longer period, maximum five years. The Company provides proxy forms on its website, www.eastnine.com/en/annual-general-meetings. The proxy form may also be requested by telephone at +46 8 505 97 700.

Please note that shareholders who are represented by proxy must also give notice of participation of the Annual General Meeting and follow the other  instructions given under the section “Notification and the right to attend etc.” above. A submitted proxy form does not constitute a notice of attendance.

Number of shares and votes

At the time of issuing the notice to attend the AGM, the Company has a total of 22,370,261 registered shares, with one vote per share. The Company holds 139,253 own shares.

Right to request information

Shareholders present at the AGM have a right to request information regarding the matters on the agenda or the Company’s economic situation in accordance with Chapter 7, Section 32 of the Swedish Companies Act.

Admission cards

No admission card will be sent out before the AGM. Valid identification must be brought to the Meeting for registration of attendance and entry.

Proposed Agenda

1. Opening of the Meeting.
2. Election of the chairman of the Meeting.
3. Preparation and approval of the voting list.
4. Election of one or two persons to verify the minutes of the Meeting.
5. Decision on whether the Meeting has been duly convened.
6. Approval of the agenda.
7. Presentation of the annual report and the auditors’ report, as well as of the consolidated financial statements and the auditors’ report for the Eastnine group. In connection therewith:
   a) address by the chairman of the Board of Directors including a report on the work of the Board of Directors,
   b) address by the CEO,
   c) report by the auditor regarding the audit work.
8. Resolutions regarding:
   a) adoption of the income statement and balance sheet as well as of the consolidated income statement and the consolidated balance sheet for the Eastnine group,
   b) disposition of the Company’s result in accordance with the adopted balance sheet,
   c) discharge from liability of the members of the Board of Directors and the CEO.
9. Approval of remuneration report.
10. Decision on the number of members of the Board of Directors, auditors and deputy auditors.
11. Decision on remuneration to the Board of Directors and the auditor.
12. Election of members of the Board of Directors and chairman of the Board of Directors.
13. Election of auditor.
14. Resolution regarding share split and amendment of the articles of association.
15. Resolution regarding establishment of an incentive programme by way of an issue of warrants to the participants.
16. Resolution regarding authorization for the Board of Directors to transfer own shares.
17. Resolution regarding authorization for the Board of Directors to acquire own shares.
18. Resolution regarding authorization for the Board of Directors to resolve on new share issue.
19. Closing of the Meeting.

2. Election of the chairman of the Meeting

The Nomination Committee proposes that Björn Svensson, a member of the Swedish Bar Association, at Gernandt & Danielsson Advokatbyrå, is appointed chairman of the meeting.

8. b) Disposition of the Company’s result in accordance with the adopted balance sheet

The Board of Directors proposes a dividend to the shareholders corresponding to SEK 4.64 per share (or a dividend of SEK 1.16 per share if the AGM resolves on a share split in accordance with the Board of Directors’ proposal in item 14 below) and that the remaining profits are carried forward. The Board of Directors proposes that the dividend is distributed on four payment occasions of SEK 1.16 per share and dividend occasion (or SEK 0.29 per share at the payment occasions two to four (inclusive) if the AGM resolves on a share split in accordance with the Board of Directors’ proposal in item 14 below). As record dates for the dividend the following dates are proposed: Monday, 29 April 2024; Tuesday, 27 August 2024; Tuesday, 12 November 2024; and Tuesday, 21 January 2025. If the Annual General Meeting resolves in accordance with the proposal, it is expected that Euroclear Sweden AB will distribute the dividend payment on the third banking day following each respective record day, being the following dates: Friday, 3 May 2024; Friday, 30 August 2024; Friday, 15 November 2024; and Friday, 24 January 2025.

9. Approval of remuneration report

The Board of Directors proposes that the AGM resolves on approval of the Board of Directors’ report on remunerations in accordance with Chapter 8, Section 53 a of the Swedish Companies Act.

10. Decision on the number of members of the Board of Directors, auditors and deputy auditors

The Nomination Committee proposes that the Board of Directors shall consist of six (6) members.

The Nomination Committee proposes that the number of auditors shall be one (1) registered audit firm without a deputy auditor.

11. Decision on remuneration to the Board of Directors and the auditor

The Nomination Committee proposes that the remuneration to the Chairman of the Board shall be SEK 840,000 (last year SEK 800,000) and that the remuneration to each of the other members of the Board shall be SEK 420,000 (last year SEK 400,000). No additional remuneration for any committee work is proposed.

Fees to the auditor are based on approved invoices.

12. Election of members of the Board of Directors and chairman of the Board of Directors

The Nomination Committee proposes that Liselotte Hjorth, Peter Elam Håkansson, Christian Hermelin, Ylva Sarby Westman and Hanna Loikkanen are re-elected as members of the Board of Directors and that Louise Richnau is elected as new member of the Board of Directors for the time until the end of the next AGM. It is proposed that Liselotte Hjorth is re-elected as the chairman of the Board of Directors.

Information about the proposed Board members can be found on the Company's website.

13. Election of auditor

The Nomination Committee proposes re-election of the auditing firm KPMG as auditor, with the authorized auditor Peter Dahllöf as auditor in charge. The auditor's term of office is proposed to be valid until the end of the next AGM. The Nomination Committee's proposal is in accordance with the recommendation from the Board of Directors, acting as Audit Committee. Neither the Nomination Committee's proposal nor the Board of Directors' recommendation has been affected by third parties or has been forced by any contractual terms that limited the freedom of choice in the auditor's election.

14. Resolution regarding share split and amendment of the articles of association

The Board of Directors proposes that the AGM, in one joint resolution, resolves to:

1. by division, whereby each share is divided into four shares (a so called share split, 4:1), increase the number of shares in the Company in order to achieve an appropriate number of shares in the Company;
2. authorize the Board of Directors to determine the record date for the share split; and
3. amend § 6 of the Company’s articles of association regarding;
   1. the minimum and maximum number of shares in the Company so that the number of shares shall be not less than 80,000,000 and not more than 320,000,000;
   2. the provisions on preference shares so that preference shares are retired as share class of the Company and that the provisions regarding preference shares are removed, resulting in the Company’s existing ordinary shares only being referred to as “shares”; and
   3. the heading of the clause so that it states “§ 6 Number of shares”.

The amendment of the Company’s articles of association in accordance with item 3 above, would entail § 6 of the Company’s articles of association having the following wording.

§ 6 Number of shares
The number of shares shall be not less than 80,000,000 and not more than 320,000,000.

A resolution in accordance with this item 14 requires that shareholders representing no less than two thirds of the votes cast as well as the shares represented at the AGM approve the resolution.

15. Resolution regarding establishment of an incentive programme by way of an issue of warrants to the participants

The Board of Directors proposes that the AGM resolves to establish an incentive programme directed to employees of the Eastnine group, in accordance with the following terms.

The incentive programme in brief

• The Board of Directors proposes that the AGM resolves to establish an incentive programme under which the Company invites the employees within the group (currently 21 persons) to subscribe for warrants in the Company. The programme will comprise all of the group’s employees.
• The proposal entails that the AGM resolves on establishing the programme and the issue of up to 223,703 warrants (or up to 894,812 warrants if the AGM resolves on the share split according to item 14 on the agenda), equivalent to a maximum dilution of approximately 1.0 per cent, to implement the program. This requires support by shareholders holding not less than nine‑tenths of both the votes cast and the shares represented at the AGM.
• The rationale for the proposed incentive programme is to encourage a broad ownership amongst the group’s employees, retain competent employees, increase the alignment of interest between the employees and the Company’s shareholders, promote the Company’s long-term growth and increase motivation to reach or exceed the Company’s financial targets.
• Each warrant shall entitle the participants to, after a three year period, i.e., in 2027, subscribe for one new share in the Company at a price equivalent to 125 per cent of the volume-weighted average price of the Company’s share on Nasdaq Stockholm during a ten trading days measurement period before the AGM 2024.
• The allocation of warrants to employees in the incentive programme will be determined based on seniority level and each of their monthly gross salary as of 1 March 2024.
• Of the 223,703 warrants (or 894,812 warrants if the AGM resolves on the share split according to item 14 on the agenda), up to half may be allotted free of charge to match warrants acquired by participants at fair market value (i.e., one free warrant will be allotted for each warrant acquired at fair market value). However, the fair market value of such warrants which are allotted free of charge shall never exceed an amount corresponding to the relevant participant’s fixed monthly gross salary as of 1 March 2024 multiplied by six. All other warrants will be allotted at fair market value. The company shall retain the right to purchase back all warrants should a participant leave employment before the warrants have been exercised.

Background

The remuneration of the Company’s Executive management consists of both fixed and variable components. The fixed remuneration is based on fixed cash salary, as well as other benefits such as parking benefits, lunch benefits and health insurance. The variable remuneration is based on predetermined and measurable performance criteria as set out in the Company’s incentive programmes. The CEO and deputy CEO are entitled to variable cash remuneration based on individualised performance targets in accordance with the short-term incentive programme decided each year by the Board of Directors. The remuneration of the Company’s other employees consists of both fixed and variable components.

The previous long-term incentive programmes entitled to performance shares based on certain financial and market-based performance targets and were available to all employees (including CEO and deputy CEO) that held shares in the Company with a value of one twelfth of the employee’s annual fixed gross salary.

Summary of the long-term incentive programmes

Name of programme	Performance period	Award date	Vesting date and end of retention period	Number of shares that may be awarded	Number employees participating in the LTIP
LTIP 2021	2021-2024	2021-06-30	2024-07-04	31,425	15
LTIP 2022	2022-2025	2022-06-30	2025-07-07	49,019	18

To attract and retain qualified employees, the Company’s Board of Directors hereby proposes that the AGM resolves to establish an incentive programme consisting of warrants, available for all employees in the group.

The allocation of warrants to employees participating in the 2024-2027 incentive programme will be determined based on seniority level and each of their monthly gross salary as of 1 March 2024.

Warrants are purchased at fair market value by the participants. Participants may be offered one free warrant for every warrant purchased at fair market value (no free warrants are given unless a warrant is purchased at fair market value) or a lesser amount determined by the Board of Directors. However, the fair market value of such warrants which are allotted free of charge shall never exceed an amount corresponding to the relevant participant’s fixed monthly gross salary as of 1 March 2024 multiplied by six. A participant will be obligated to offer the Company to repurchase all warrants, and the Company shall have a right to acquire such warrants, if a participant leaves employment with the group before the warrants have been exercised for shares.

The company believes that the proposed programme of 223,703 warrants (or 894,812 warrants if the AGM resolves on the share split according to item 14 on the agenda) will be, together with other factors, beneficial to retain and incentivize its employees to achieve continued targeted growth and performance.

Terms and conditions of the incentive program

Price and valuation

Each warrant shall entitle the participant to subscribe for one new share, at a price equivalent to 125 per cent of the Original Price. The “Original Price” is equal to the volume-weighted average price of the Company’s share on Nasdaq Stockholm during the period from and including 11 April 2024 up to and including 24 April 2024.

The participants shall acquire the warrants at the fair market value in cash. For each warrant the participant acquires at fair market value, the Company may allot an additional warrant to the participant free of charge. The free warrants can only be exercised if the warrants acquired at fair market value are held until the beginning of the exercise period.

The fair market value shall be determined in accordance with the Black & Scholes valuation model. The valuation of the warrants shall be made by PwC or a well-reputed investment bank, accounting firm or financial advisor with valuation expertise. A preliminary valuation of the warrants has determined the fair market value to be SEK 11.84 per warrant (or SEK 2.96 post share split). The preliminary valuation has assumed a price of the Eastnine share of SEK 160.66 (pre-share split and corresponding to the volume-weighted average price of the Company’s share on Nasdaq Stockholm during a ten trading days measurement period ending on and including 15 March 2024, which implies a subscription price of SEK 200.83 (or SEK 50.21 post share split)), a risk-free interest rate of 2.41 per cent, a volatility of 23 per cent and total annual dividend yield of 2.75 per cent during the period until the warrants can be exercised.

The warrants shall also entitle the participants to utilise an alternative exercise model (so called “net exercise”), which entails that the cash amount payable upon exercise is reduced. The complete terms and conditions of the warrants set out the details of the so called “alternative exercise model”. In short, it entails a reduction of the number of shares that can be subscribed for and that such shares are subscribed for at the quota value. This means that the alternative exercise model will also lead to reduced dilution. An illustrative example (based on the same assumptions as the preliminary market valuation above) is set out below:

Illustrative example based on an assumed subscription price of SEK 200.83 per share (or SEK 50.21 post share split)

The average share price in conjunction with subscription* (average price post share split)	Total number of new shares (numbers post share split)	Total dilution, pre and post share split
260 (65)	51,273 (205,092)	0.23%
300 (75)	74,406 (297,624)	0.33%
360 (90)	99,417 (397,668)	0.44%
* Pursuant to the complete terms and conditions of the warrants, the average share price shall be calculated based on a period of five trading days before the first day of the application period for subscription of new shares by exercise of the warrants.

Exercise period

The warrants may be exercised during the period from and including 15 May 2027 (however not earlier than the day after the publication of the Company’s interim report for the period January–March 2027) up to and including the date that falls 14 calendar days thereafter. The exercise period may be extended for participants who are prevented from exercising their warrants due to applicable laws on insider trading or similar.

Allotment

The Board of Directors of the Company shall decide on the allotment of warrants to participants. Warrants shall be allotted on 15 May 2024 at the latest. Members of the Company’s Board of Directors shall not be allotted any warrants.

The maximum number of warrants that can be allotted to a participant is based on the group to which such participant belongs, as set out below and subject to the maximum number of total warrants issued.

Group 1 (up to 6 persons): the CEO, members of the senior management and senior key personnel, up to 80,000 warrants each (or up to 320,000 warrants each if the AGM resolves on the share split according to item 14 on the agenda).

Group 2 (up to 15 persons): other personnel, up to 8,000 warrants each (or up to 32,000 warrants each if the AGM resolves on the share split according to item 14 on the agenda).

In each case the maximum number of warrants includes both warrants acquired at fair market value and warrants transferred free of charge.

Upon subscription of the warrants, the participants shall enter into an agreement with the Company on terms and conditions set out by the Board of Directors, the Company shall however reserve the right to repurchase warrants if a participant’s employment or engagement with the group is terminated or if a participant wishes to transfer his or her warrants.

Dilution

If all 223,703 warrants (or 894,812 warrants post share split) are exercised for subscription of 223,703 shares (or 894,812 shares post share split) , the dilution effect will be approximately 1.0 per cent (based on the total number of shares in the Company as of the date of this proposal and based on the total number of shares in the Company if the AGM resolves on the share split according to item 14 on the agenda).

Share split (item 14 in the agenda for the AGM)

If the AGM resolves on the share split according to item 14 of the agenda to the AGM and such share split is completed, no recalculation of the number of shares which each warrant entitle to shall be made and no recalculation of the subscription price for exercising a warrant to subscribe for a new share shall be made either. If the AGM resolves on the share split, the maximum number of warrants to be issued and the maximum share capital increase shall be made based on the numbers stated herein which are based on the AGM’s approval of the share split.

Costs and effects on key ratios

Warrants transferred to participants under the incentive programme will be accounted for in accordance with IFRS 2 and will be recorded as a personnel expense in the income statement during the years 2024–2027.

Assuming an Original Price of SEK 160.66 (or SEK 40.18 post share split) (corresponding to the volume-weighted average price of the Company’s share on Nasdaq Stockholm during a ten trading days measurement period on Nasdaq Stockholm ending on and including 15 March 2024), a subscription price of SEK 200.83 (or SEK 50.21 post share split), maximum participation and 50 per cent of the total number of warrants being free warrants, the costs of the incentive programme, including, inter alia, social security costs, are estimated to amount to approximately EUR 0.18 million. These costs are based on the preliminary market value of the warrants as of 15 March 2024. Against the costs for the incentive programme, the warrants’ premium to be paid shall be set (which is an amount of approximately EUR 0.12 million based on half of the warrants being issued and allotted free of charge and the preliminary market value of the warrants as of 15 March 2024), which the Company receives for the issue of the warrants.

The costs will be allocated over the years 2024–2027. These costs can be compared to the Company’s total personnel expenses, including social security expenses, of EUR 3.8 million in 2023.

If the incentive programme had been established in 2023, subject to the assumptions set out above, the impact on the earnings per share would have been approximately SEK 0.

The incentive programme is estimated to entail only limited costs for the Company. No measures to secure the incentive programme have been or are planned to be taken.

Preparation of the proposal

The proposed incentive programme has been prepared by the Board of Directors and the remuneration committee and has been addressed at Board meetings in Q1 2024. The proposal has been prepared in consultation with external advisors based on an evaluation of current remuneration structures, previous share-based incentive programmes and the need for additional incentives.

Issue of warrants of series 2024/2027

The Board of Directors proposes that the AGM resolves on an issue of warrants of series 2024/2027 on the following terms and conditions, in order to implement the incentive programme set out above.

Number of warrants to be issued

The company shall issue a maximum of 223,703 warrants (or a maximum of 894,812 warrants if the AGM resolves on the share split according to item 14 on the agenda) of series 2024/2027.

Subscription right and price

The warrants shall be issued with deviation of the shareholders’ pre-emption rights, to the Company’s employees at the fair market value at the time of subscription as determined pursuant to the Black & Scholes model. Payment shall be made no later than on 15 May 2024, with a right for the Board of Directors to postpone the payment date.

Subscription period

The warrants shall be subscribed for on separate subscription lists not later than on 15 May 2024, with a right for the Board of Directors to postpone the subscription date.

Reason for deviation from the shareholders’ pre-emption rights

The reason for the deviation from the shareholders’ pre-emption rights is to create, by way of an incentive programme, conditions for retaining competent personnel to the group, increase the motivation amongst the participants, increase their loyalty to the Company and align their interests with that of the Company’s shareholders as well as promote a personal shareholding and thereby promote shareholder value and the Company’s long-term value creation capability.

Additional information

The new shares shall carry rights to dividends for the first time on the record date for dividends that occur after subscription has been effected.

The complete terms and conditions of the warrants will be made available on the Company’s website (www.eastnine.com) not later than three weeks prior to the AGM. As set forth in the terms and conditions of the warrants, the subscription price and the number of shares that each warrant entitles to subscription of may be re-calculated in certain cases (including for the alternative exercise model described above).

The company’s share capital may, upon exercise of all 223,703 warrants (or 894,812 warrants if the AGM resolves on the share split according to item 14 on the agenda) of series 2024/2027, increase by approximately EUR 36,597.81 (or approximately EUR 36,597.81 if the AGM resolves on the share split according to item 14 on the agenda) (subject to any re-calculations in accordance with the complete terms and conditions of the warrants). If the subscription price exceeds the quota value of the shares, the excess amount shall be allotted to the non‑restricted statutory reserve (Sw. den fria överkursfonden).

Authorization

The Board of Directors shall be authorized to extend the subscription period and to make such minor adjustments in the resolution that may be required in connection with the registration of the warrants with the Swedish Companies Registration Office (Sw. Bolagsverket), and the Board of Directors shall have the right to make minor adjustments to the incentive programme due to applicable rules, laws, regulations or market practice.

Majority requirements

A resolution in accordance with this item 15 requires that shareholders representing no less than nine-tenths of the votes cast as well as the shares represented at the AGM approve the resolution.

16. Resolution regarding authorization for the Board of Directors to transfer own shares

The Board of Directors proposes that the AGM resolves to authorize the Board of Directors to transfer own shares, under the following conditions:

1. Shares may be transferred on Nasdaq Stockholm or otherwise.
2. Transfers may take place with or without deviation from the shareholders’ preferential rights.
3. Transfers on Nasdaq Stockholm may take place at a price per share within the registered share price interval from time to time, which means the spread between the highest buying price and the lowest selling price prevailing from time to time on the exchange. Transfers made otherwise shall be made on market terms.
4. The authorization covers all shares held by the Company from time to time.
5. Payment for the shares shall be made in cash, by contributions in-kind or by set-off.
6. The authorization may be utilized on one or more occasions, however not longer than until the next AGM.

The purpose of the authorization to transfer own shares and the reasons for any deviation from the shareholders’ preferential rights is to enable the Board of Directors to adjust the Company’s capital structure and to use repurchased own shares as payment for, or financing of, acquisitions or investments in order to create increased value for the shareholders.

A resolution in accordance with this item 16 requires that shareholders representing no less than two thirds of the votes cast as well as the shares represented at the AGM approve the resolution.

17. Resolution regarding authorization for the Board of Directors to acquire own shares

The Board of Directors proposes that the AGM resolves to authorize the Board of Directors to acquire the Company’s own shares, under the following conditions:

1. The share purchases may take place on Nasdaq Stockholm at a price per share within the registered share price interval from time to time, which means the spread between the highest buying price and the lowest selling price prevailing from time to time on the exchange.
2. Purchases may also be made in accordance with an offer directed to all shareholders with a cash consideration not below the market price at the time of the offer and with a maximum upward deviation of 20 percent.
3. The Company may only purchase so many shares that the Company’s holding of its own shares does not at any time exceed 10 percent of all the shares in the Company.
4. Payment for the shares shall be made in cash.
5. The authorization may be utilized on one or more occasions, however not longer than until the next AGM.

The purpose of this authorization to acquire own shares in the Company is to enable the Board of Directors to adjust the capital structure and thereby generate a higher value for the shareholders.

A resolution in accordance with this item 17 requires that shareholders representing no less than two thirds of the votes cast as well as the shares represented at the AGM approve the resolution.

18. Resolution regarding authorization for the Board of Directors to resolve on new share issue

The Board of Directors proposes that the AGM resolves to authorize the Board of Directors to, on one or more occasions until the next AGM, decide upon an issue of shares in the Company corresponding to not more than 10 per cent of the Company’s share capital, with or without deviation from the shareholders’ preferential right. Furthermore, the proposal means that an issue may be made against cash payment, by set-off or by contribution in kind. Shares shall, in case of deviation from the shareholders’ preferential right to subscription, be issued on market terms. The purpose of this authorization is to enable the Company to, completely or partially, finance any future real property investments and/or acquisitions of real property companies/businesses by issuing new shares as payment in connection with agreements on acquisition of real property, to raise capital for such investments and/or acquisitions, and to adapt and improve the Company’s capital structure.

A resolution in accordance with this item 18 requires that shareholders representing no less than two thirds of the votes cast as well as the shares represented at the AGM approve the resolution.

Available documents

Annual accounts including the auditor’s report as well as the complete proposals and statements according to the Swedish Companies Act together with pertaining statements by the auditor will be available at the office of Eastnine on Kungsgatan 30 in Stockholm and on the website www.eastnine.com/en/annual-general-meetings no later than by Thursday, 4 April 2024. Copies of the documentation and the notice will be sent free of charge to shareholders who so request and state their postal address.

* * *

Stockholm in March 2024

EASTNINE AB (publ)

Board of Directors

For more information contact:
Liselotte Hjorth, Chairman of the Board, +49 172 685 7723
Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and deputy CEO, +46 70 224 29 35
Visit www.eastnine.com

Eastnine AB (publ) is a Swedish real estate company listed at Nasdaq Stockholm, Mid Cap, sector Real Estate. Eastnine's business concept is to be the leading long-term provider of modern and sustainable office premises in prime locations at selected markets in the Baltics and Poland.