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Desert Control AS

Pre-Annual General Meeting Information Sep 29, 2023

3577_rns_2023-09-29_122a8e46-006a-42a1-ba98-0285631506c7.html

Pre-Annual General Meeting Information

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Desert Control AS - Notice of extraordinary general meeting

Desert Control AS - Notice of extraordinary general meeting

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE

SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR

JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE

UNLAWFUL

Sandnes, Norway, 13 October 2023: Reference is made to the stock exchange

announcement by Desert Control on 28 September 2023 announcing that the company

has carried out a private placement of shares. Issuance of shares in the private

placement is subject to approval by the general meeting.

Further, the Board of Directors is proposing an amendment of the Board of

Directors, as well as an authorization by the general meeting to implement a

subsequent repair offering. Further to the above, the Board of Directors of

Desert Control AS has decided to call for an Extraordinary General Meeting to be

held virtually on 13 October 2023 at 10.00 CEST.

The notice with the Board's proposal for resolutions are attached hereto.

Relevant documents referred to in the notice are also made available on

For more information, please contact:

Ole Kristian Sivertsen, CEO Desert Control

Email: [email protected]

Tel: +47 957 77 777

About Desert Control Desert Control specializes in climate-smart AgTech

solutions to combat desertification, soil degradation, and water scarcity. Its

patented Liquid Natural Clay (LNC) restores and enhances soil ecosystems to

reduce water usage and improve the efficiency of fertilizers and natural

resources for agriculture, forests, and green landscapes. LNC enables sandy and

arid soil to retain water and nutrients, thus increasing crop yields, plant

health, and ecosystem resilience while preserving water and natural resources by

up to 50%.

For more about Desert Control, visit https://www.desertcontrol.com

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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