Green Earth Group NV

AGM Information • Dec 12, 2025

Press Release

Voting results of the Extraordinary General Meeting of shareholders

11 December 2025 | 18:00h CET

Green Earth Group N.V. ("Green Earth" or "the Group") (Euronext: EARTH: NL0009169515), a leading end-to-end project developer of nature-based solutions, announces the results of its Extraordinary General Meeting of shareholders ("EGM") held earlier today, 11 December 2025. All agenda items proposed at the EGM were adopted.

The shareholders of Green Earth approved the minutes of the Annual General Meeting of 17 July 2025. They also granted conditional approval for the proposed acquisition of Anshel B.V. and its asset management subsidiaries. This approval remains subject to completion of an independent valuation, satisfactory due diligence, and all necessary legal and regulatory filings. Subject to the remaining conditions, completion of the transaction is expected later in January 2026, supporting the Group's plan to launch its new asset-management division aimed at mobilising €100 million for nature-based investments. The launch of this division represents a strategic shift in how the Group finances and monetises its nature-based projects, enabling Green Earth to attract capital earlier in the project cycle rather than relying on discounted pre-issuance carbon credit sales. By securing dedicated investment mandates, the Group strengthens its balance sheet, improves pricing power, and creates a more sustainable long-term revenue model for its project pipeline.

Shareholders received a presentation of the Company's five-member leadership team, comprising Mr Selwyn Duijvestijn (Chief Executive Officer), Mr Niels van Houdt (Finance Director), Mr Thomas Donia (Technical Director), Mr Nicholas Wall (Director of Expansion), and Ms Hilda van der Meulen (Director of Quality). The meeting welcomed the clarification of roles and responsibilities across the leadership structure. Following this, shareholders approved all proposed statutory board appointments, effective 1 January 2026: Mr Nicholas Wall (unanimously) as Executive Director, Ms Hilda van der Meulen as Non-Executive Director, and the reappointment of Mr Selwyn Duijvestijn (unanimously) for a further four-year term.

Shareholders further adopted the Group's updated Remuneration Policy and the Annual Performance Incentive Framework 2026 and unanimously ratified the reappointment of GCP Auditors Ltd as the external PIE auditor for the 2025 financial year. Green Earth thanks its shareholders for their continued engagement and support.

Contact for press enquiries

For more information, please contact:

GREEN EARTH press@green.earth +31320788118

Or visit: https://www.green.earth

Disclaimer

This press release does not contain an (invitation to make an) offer to buy or sell or otherwise acquire or subscribe to shares in Green Earth and is not an advice or recommendation to take or refrain from taking any action. This press release contains statements that could be construed as forward-looking statements, including about the financial position of Green Earth, the results it achieved and the business(es) it runs. Forward-looking statements are all statements that do not relate to historical facts. These statements are based on information currently available and forecasts and estimates made by Green Earth's management. Although Green Earth believes that these statements are based on reasonable assumptions, it cannot guarantee that the ultimate results will not differ materially from those statements that could be construed as forward-looking statements. Factors that may lead to or contribute to differences in current expectations include, but are not limited to: developments in legislation, technology, tax, regulation, stock market price fluctuations, legal proceedings, regulatory investigations, competitive relationships and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statement or the actual results of Green Earth are discussed in the annual report. The forward-looking statements in this document speak only as of the date of this document. Subject to any legal obligation, Green Earth assumes no obligation or responsibility to update the forward-looking statements contained in this document, whether related to new information, future events or otherwise. The provision of Green Earth's services and products is subject to its General Terms and Conditions.

Below is a Dutch translation of the original press release. The English version is leading.

Stemresultaten van de Buitengewone Algemene Vergadering van Aandeelhouders

11 December 2025 | 18:00h CET

Green Earth Group N.V. ('Green Earth' of 'de Groep') (Euronext: EARTH: NL0009169515), een toonaangevende end-to-end projectontwikkelaar van natuurprojecten, maakt de stemresultaten bekend van de Buitengewone Algemene Vergadering van Aandeelhouders ('BAVA') die vandaag, 11 december 2025, gehouden is. Alle aan de BAVA voorgelegde agendapunten zijn aangenomen.

De aandeelhouders van Green Earth keurden de notulen van de Algemene Vergadering van Aandeelhouders van 17 juli 2025 goed. Zij gaven daarnaast voorwaardelijke goedkeuring voor de voorgenomen overname van Anshel B.V. en diens dochterondernemingen op het gebied van vermogensbeheer. Deze goedkeuring geldt onder voorbehoud van een onafhankelijke waardering, een bevredigend due-diligenceonderzoek en alle vereiste wettelijke en toezichthoudende meldingen.

Onder voorbehoud van deze resterende voorwaarden wordt de afronding van de transactie later in januari 2026 verwacht, ter ondersteuning van de plannen van de Groep om een nieuwe divisie voor vermogensbeheer te lanceren die gericht is op het mobiliseren van €100 miljoen voor natuurprojecten. De introductie van deze divisie markeert een strategische verschuiving in de wijze waarop de Groep haar natuurprojecten financiert en monetiseert. Hierdoor kan Green Earth eerder in de projectcyclus kapitaal aantrekken, in plaats van afhankelijk te zijn van de verkoop van CO₂-certificaten vóór de uitgifte, tegen korting. Hiermee staat de Groep financieel sterker, kan zij betere prijzen realiseren en bouwt zij verder aan een duurzaam en toekomstbestendig verdienmodel voor de projectpijplijn.

Aandeelhouders kregen een presentatie van het vijfkoppige leiderschapsteam van de Vennootschap, bestaande uit Selwyn Duijvestijn (Chief Executive Officer), Niels van Houdt (Finance Director), Thomas Donia (Technical Director), Nicholas Wall (Director of Expansion) en Hilda van der Meulen (Director of Quality). De vergadering nam met waardering kennis van de verduidelijking van de functies en verantwoordelijkheden binnen de leiderschapsstructuur. Aansluitend keurden de aandeelhouders alle voorgestelde statutaire bestuursbenoemingen goed, met ingang van 1 januari 2026: de benoeming van Nicholas Wall (unaniem) tot uitvoerend bestuurder, de benoeming van Hilda van der Meulen tot niet-uitvoerend bestuurder en de herbenoeming van Selwyn Duijvestijn (unaniem) voor een nieuwe termijn van vier jaar.

Aandeelhouders keurden daarnaast de geactualiseerde Remuneration Policy van de Groep en het Annual Performance Incentive Framework 2026 goed en bekrachtigden unaniem de herbenoeming van GCP Auditors Ltd. als externe OOB-accountant voor het boekjaar 2025. Green Earth dankt haar aandeelhouders voor hun voortdurende betrokkenheid en steun.

Contact bij persvragen

Voor meer informatie kunt u contact opnemen met:

GREEN EARTH press@green.earth +31320788118

Of bezoek: https://www.green.earth/nl

Disclaimer

This press release does not contain an (invitation to make an) offer to buy or sell or otherwise acquire or subscribe to shares in Green Earth and is not an advice or recommendation to take or refrain from taking any action. This press release contains statements that could be construed as forward-looking statements, including about the financial position of Green Earth, the results it achieved and the business(es) it runs. Forward-looking statements are all statements that do not relate to historical facts. These statements are based on information currently available and forecasts and estimates made by Green Earth's management. Although Green Earth believes that these statements are based on reasonable assumptions, it cannot guarantee that the ultimate results will not differ materially from those statements that could be construed as forward-looking statements. Factors that may lead to or contribute to differences in current expectations include, but are not limited to: developments in legislation, technology, tax, regulation, stock market price fluctuations, legal proceedings, regulatory investigations, competitive relationships and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statement or the actual results of Green Earth are discussed in the annual report. The forward-looking statements in this document speak only as of the date of this document. Subject to any legal obligation, Green Earth assumes no obligation or responsibility to update the forward-looking statements contained in this document, whether related to new information, future events or otherwise. The provision of Green Earth's services and products is subject to its General Terms and Conditions.