The English text is an unauthorised translation solely for convenience purposes. In case of inconsistencies between the Swedish and the English text, the Swedish text shall prevail.

Sten Dunér, Chairman of the Board, opened the AGM and was elected Chairman of the meeting.

Balder's recently installed CEO Sharam Rahi and the former CEO, Erik Selin, reported on the company's operations during 2025.

The Annual General Meeting adopted the income statement and balance sheet, as well as the consolidated income statement and consolidated balance sheet for 2025 and resolved to discharge the members of the Board of Directors and the company's CEO from liability.

The AGM resolved that a distribution of the Company's holding of shares in Norion Bank AB, reg. no. 556597-0513, shall be made, with the record date set for 12 May 2026.

The AGM resolved that the Board of Directors shall consist of six members and re-elected Sten Dunér, Erik Selin, Fredrik Svensson, Carin Kindbom, Carina Edblad and Anders Wennergren. Erik Selin was elected as chair of the Board of Directors.

The AGM resolved that an unaltered fixed directors' fees in the total of SEK 1 550 000 to be paid and distributed as follows: SEK 550 000 to the chairman of the Board of Directors including fee in the amount of 200 000 SEK for the function being working chairman, and SEK 200 000 to each of the other board members elected by the AGM and who are not employed by the company. 

The meeting resolved that auditor's fees shall be paid against approved account.

The AGM resolved to approve the Board of Directors' remuneration report.

The AGM resolved to amend the Articles of Association to enable the introduction of a new class of shares, Class D shares.

The meeting resolved to authorise the board during the period until the next annual general meeting, on one or more occasions, with or without the preferential rights of the shareholders, to have the power to resolve on new issue of Class B and/or Class D shares, warrants, and/or convertibles vesting the right to subscribe for and/or convert to shares of Class B and/or Class D shares. The Board of Directors cannot, by virtue of authorization, resolve to issue shares, warrants and/or convertibles that together correspond to more than 10% of all shares in the company.

Furthermore, the AGM resolved to authorise the Board, during the period until the next AGM, on one or more occasions, to acquire its own Class B and/or Class D shares. The company may not acquire its own shares to the extent that the company's holding of its own shares following the acquisition would exceed one-tenth of all shares in the company. In addition, the Board was authorised during the period until the next annual general meeting, on one or more occasions, to transfer all shares or part of all shares of Class B and/or Class D shares that the company holds at each point in time.

Complete proposals regarding the AGM's decisions as above are available at www.balder.se.

For further information, please contact:
Eva Sigurgeirsdottir, Chief Accounting Officer, +46 (0)31-10 99 13, [email protected]