Annual General Meeting

The General Meeting is the highest decision-making body of Bioretec and is convened by the Board of Directors. The shareholders take part in the company's governance and administration through decisions made in the General Meetings of shareholders. Pursuant to the Finnish Limited Liability Companies Act, the Annual General Meeting shall be held annually on a date set by the Board of Directors within six (6) months of the end of the company's financial period.

An Extraordinary General Meeting shall be convened to address certain matters, when the Board of Directors considers it necessary or when the company's auditor or shareholders representing at least one-tenth of all of the issued and outstanding shares in the company request that in writing.

The Annual General Meeting decides on matters that fall under the Companies Act and the Articles of Association, such as:

• adoption of the financial statements and the resolution on the distribution of profits indicated by the balance sheet
• resolution on discharging the Board members and the CEO from liability
• election of the Board members and the auditor and the fees paid to them.

Pursuant to Bioretec's Articles of Association, the notice of General Meeting of shareholders shall be delivered no earlier than one month and no later than one week before the record date for the General Meeting, of shareholders and always no later than one week before the last date for advance notices of participation, by publishing it on the company's website or by providing the notice to each shareholder by letter or email at the addresses entered into the shareholder register.

In order to participate in the General Meeting of shareholders, a shareholder must give advance notice of participation to the company no later than the date given in the notice of the General Meeting of shareholders, which shall not be earlier than ten (10) days before the meeting. In accordance with the Nasdaq First North Growth Market Rulebook, Bioretec shall also publish the notice of General Meeting of shareholders as a company release.

Annual General Meeting 2025

The planned date for Bioretec Ltd's Annual General Meeting is March 21, 2025. The company’s Board of Directors will convene the meeting separately at a later date.