Investment Friends SE

AGM Information • Dec 19, 2025

Minutes of the Ordinary General Meeting of Shareholders of INVESTMENT FRIENDS SE.

Minutes of the Ordinary General Meeting of Shareholders of INVESTMENT FRIENDS SE.

The Management Board of Investment Friends SE (the “Company”, the “Issuer”) hereby submits the attached content of resolutions adopted on 19 December 2025 by the Ordinary General Meeting (the “OGM”).

Pursuant to the printout from the central database of the registration department of the Tartu County Court dated 19 December 2025, and in accordance with the Statute of INVESTMENT FRIENDS SE (hereinafter referred to as the “Company”), the Company was filed with the registration department of the Tartu County Court on 30.11.2018 under the registry code 14617862, Tallinn, Harju county, Kesklinna district, Tornimäe str 5, 10145, Estonia with the share capital of 6 885 000 euros, which is divided into 68 850 000 non par value shares.

The circle of shareholders entitled to participate at the general meeting has been established as at 23:59 of 12 December 2025 (the date of fixing the list). According to the share ledger of the Company as at 23:59 of 12 December 2025, which is kept by NASDAQ CSD SE (Latvian registry code 40003242879), the Company has 2 shareholders who hold altogether 68 850 000 non par value shares / votes:
1. Polish register of securities (Krajowy Depozyt Papierów Wartościowych S.A. (Polish registry code PL-0000081582, hereinafter the “KDPW”)), which holds 23 456 000 non par value shares/votes on its nominee account for and on behalf of the actual shareholders of the Company;

1. Patro Invest OÜ, Estonian registry code 14381342, which holds 41 344 000 non par value shares/votes.

The holding of the general meeting of the Company is subject to § 296 of the Commercial Code, which stipulates that if the requirements of law or of the articles of association for calling a general meeting are violated, the general meeting shall not have the right to adopt resolutions except if all the shareholders participate in or all the shareholders are represented at the general meeting. Resolutions made at such meeting are void unless the shareholders, with respect to whom the procedure for calling the meeting was violated approve of the resolutions.

Therefore, the meeting has a quorum.

Attached are the Minutes of the General Meeting of Shareholders.