ZINZINO AB (PUBL.): Announcement of the Annual General Meeting

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GOTHENBURG, Sweden, May 28, 2025 /PRNewswire/ -- Zinzino AB (publ.) held its Annual General Meeting today, 28 May 2025, where it was mainly resolved:

    --  to determine profit and loss accounts and balance sheets of the parent
        company and the group,
    --  to distribute SEK 4 per share for the financial year 2024 and to carry
        forward the remaining part of the retained earnings,
    --  to discharge the Board of Directors and the CEO from liability,
    --  to elect Hans Jacobsson as Chairman of the Board and Staffan Hillberg,
        Pierre Martensson, Ingela Nordenhav and Anna Frick as the other members
        of the Board,
    --  that Board fees totalling SEK 1,360,000 be paid, of which SEK 400,000 to
        the Chairman, SEK 200,000 to each of the other Board members, SEK 65,000
        to the Chairman of the Audit Committee and SEK 40,000 to a member of the
        Audit Committee, and SEK 30,000 to the Chairman of the Remuneration
        Committee and SEK 25,000 to a member of the Remuneration Committee,
    --  to elect BDO Göteborg AB as the audit firm and Katarina Eklund as the
        auditor in charge,
    --  in accordance with the Nomination Committee's proposal, to adopt
        principles for the Nomination Committee for the 2026 Annual General
        Meeting,
    --  to issue 78,781 new Zinzino B shares with payment by way of set-off of
        the claim to Enhanzz AG,
    --  to issue 232,374 new Zinzino B shares with payment by way of set-off of
        the claim to Jay Shafer,
    --  to issue 76,435 new Zinzino B shares with payment by way of set-off of
        the debt to the company's distributors,
    --  to issue 1,000,000 warrants to employees and others as proposed by the
        Board of Directors,
    --  to authorise the Board of Directors to decide on rights issues,
    --  to authorise the Board of Directors to decide on directed issues of a
        maximum total of 3,000,000 Class B shares,
    --  approve the remuneration report for 2024 presented by the Board of
        Directors,
    --  to issue 90,000 warrants to the Board of Zinzino AB in accordance with
        shareholder Örjan Saele's proposed resolution.
    --  The complete resolutions of the Annual General Meeting are available at
        the company's head office in Gothenburg.
    --  It was noted that the required majority of at least 9/10 of both the
        votes cast and the shares represented at the meeting was achieved.

Gothenburg, 28 May 2025

Board of Directors of Zinzino

For more information:

Fredrik Nielsen CFO Zinzino +46 (0) 707 900 174, fredrik.nielsen@zinzino.com [mailto:fredrik.nielsen@zinzino.com]

Pictures for publication free of charge:

marketing@zinzino.com [mailto:marketing@zinzino.com]

Certified Adviser:
DNB Carnegie Investment Bank AB (publ.)

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