Decisions of Annual General Meeting in Mdundo.com A/S

Company Announcement no. 7-2023

The agenda was as following:

1. Report from the board of directors on the past year

2. Presentation of the annual report and any consolidated annual report for adoption

The board of directors recommends that the annual report for 2022/23 is adopted.

3. Approval of the remuneration for the board of directors for the current financial year

The board of directors recommends that the proposed remuneration is approved. 

4. Decision on the allocation of profit or transfer of loss in respect of the adopted annual report

The board of directors recommends that the loss for the year is carried forward to next year. 

5. Election of board members

According to clause 11.1 of the articles of association, board members are elected by the general meeting for a period of one (1) year at a time and re-elections may occur.

At the ordinary general meeting in 2023, Jesper Vesten Drescher (Chairman of the board), Jakob Sode Ellehauge, Kris Senanu and Joseph Hundah seek re-election. The board of directors recommends re-election of all current board members and chairman.

6. Election of auditors

The board of directors recommends re-election of GRANT THORNTON, STATSAUTORISERET REVISIONSPARTNERSELSKAB

7. Any proposals from the board of directors and/or shareholders

No further proposals from the board of directors.

8. Any other business

Assistant attorney, Layal Sarhan, was appointed as chairperson of the meeting by the Board of Directors. The chairperson confirmed, with the agreement of those present, that the general meeting was legally convened and capable of making decisions according to the agenda.

The chairperson ascertained that nominally DKK 211,480 shares were represented, corresponding to 20.7% of the total share capital of nominally DKK 1,019,666.80. In addition, the chairperson stated that the participating share capital represented 2,114,803 votes, corresponding to 20.7% of the total number of votes of 10,196,668. The votes were represented as follows:

1,791,544 votes via those present.

323,259 votes via proxy to the board.

0 votes via votes by post.

Item 1

The chairman of the board made the report.

The chairperson of the meeting noted that the general meeting took note of the board's report on Mdundo.com A/S' business in 2022/23.

Item 2

The board had recommended that the General meeting should approve the annual report 2022/23.

The general meeting approved the annual report.

Item 3

The board recommended that the proposed board remuneration should be adopted. The proposal was adopted by the general meeting.

Item 4

The board recommended last year's deficit to be carried over to next year. The proposal was adopted by the general meeting.

Item 5

The board had proposed re-election of chairman Jesper Vesten Drescher, as well as re-election of other board members Jakob Sode Ellehauge, Kris Senanu and Joseph Hundah. All proposed candidates were re-elected by the general meeting.

Item 6

The board had proposed the re-election of GRANT THORNTON, STATSAUTORISERET REVISIONSPARTNERSELSKAB, which was approved by the general meeting.

Item 7

No further proposals from the board of directors or shareholders.

Item 8

Nobody asked to speak.

The general assembly was concluded.