Akobo Minerals

Pre-Annual General Meeting Information • Nov 18, 2021

Akobo Minerals AB (publ) Extraordinary General Meeting

The shareholders of Akobo Minerals AB (publ), company registration no 559148-1253 (the "Company"), are hereby invited to participate in the Extraordinary General Meeting ("EGM") to be held on December 7, 2021 at 10.00 am at the Company's office at Södra Allégatan 13, 413 01 Göteborg.

Participation

Shareholders that wish to participate in the procedures at the EGM must:

• by no later than November 29, 2021 be recorded as shareholders in the share register kept by Euroclear Sweden AB, and
• by no later than December 1, 2021 give notice to the Company of their intention to participate in the EGM. Notice shall be given in writing by e-mail at info@akobominerals.com or by mail addressed to Akobo Minerals AB (publ), Södra Allégatan 13, 413 01 Göteborg, Sweden.

In providing such notice the shareholder should state its name, address, personal registration number or company registration number, telephone number, shareholdings and if applicable, the number of accompanying assistants (a maximum of two). The notice must also, where applicable, for example regarding legal entities, be accompanied by complete authorization documents such as a registration certificate or equivalent.

Representatives etc.

Shareholders who are represented by proxy must submit to the Company a written, signed and dated power of attorney for the representative. The period of validity of the power of attorney may not exceed five years provided it has been specifically stated. If no period of validity is stated, the power of attorney is valid for a maximum of one year. If the power of attorney is issued by a legal entity, a certified copy of the registration certificate or equivalent must be submitted to the Company by mail together with the original copy of the power of attorney in good time before the EGM at the address mentioned above. The registration certificate may not be issued earlier than one year before the date of the EGM. Power of attorney forms are available at the Company's website www.akobominerals.com

Nominee-registered shares

Shareholders who have their shares nominee-registered must, in order to have the right to participate at the EGM, request to be recorded as shareholders, in their own name, in the share register kept by Euroclear Sweden AB on the record date November 29, 2021. Shareholders who wish to register their shares in their own name must, in accordance with the respective nominee's routines, request that the nominee make such registration. Registration of voting rights that has been requested by shareholders at such a time that the registration has been made by the nominee no later than December 1, 2021 will be taken into account in the production of the share register.

Especially for shareholders registered with the Norwegian Central Securities Depository (VPS)

Shareholders registered with the Norwegian Central Securities Depository (VPS) who are not registered with Euroclear Sweden AB, Sweden, and wish to be entitled to vote at the EGM must notify DNB Bank ASA by no later than November 25, 2021 at 12.00 noon local time. The notice shall be sent to DNB Bank ASA, Verdipapirservice, PB 1600 Sentrum, N-0021 Oslo, Norway or by e-mail at vote@dnb.no. The notification must state the name, personal registration number or company registration number and number of shares. DNB Bank ASA will temporarily register the shares with Euroclear Sweden AB in the name of the shareholder. In addition, shareholders registered with VPS must give notice to the Company of their intention to participate according to the above in order to obtain voting rights at the EGM. Shareholders registered with VPS who have only given notice to the Company of their intention to participate may participate at the EGM without voting rights.

Proposed agenda

• 1. Election of chairman of the meeting
• 1. Drawing up and approval of the voting list
• 1. Election of one or two persons to verify the minutes
• 1. Determination as to whether the meeting has been duly convened
• 1. Approval of the agenda
• 1. Election of board of directors
• 1. Closing of the meeting

Item 6

Pir Invest Holding AS and Jorn Christiansen, who represent approximately 16.7 percent of the shares and votes in the Company, propose that the AGM resolves to, up until the time of the next Annual General Meeting, elect Helge Rushfeldt as a new Board member of the Company. It is noted that Hans Olav Torsen and Jorn Christiansen remain as board members of the Company and that Erik Haugane resigns as a board member in connection with the meeting.

Number of shares and votes in the Company

At the time of the issuance of this notice, the total number of registered shares and votes in the Company amounts to 42,512,606. The Company does not hold any own shares.

Miscellaneous

The complete proposals under item 6 will be available at the Company's office and website www.akobominerals.com at the latest two (2) weeks prior the general meeting. Copies of the documents will be sent, free of charge, on request to such shareholders who provide their address from the date they come available. Shareholders of the Company are, where the board of directors believes that it that it may take place without significant harm to the Company, at the general meeting entitled to receive information in respect of any circumstances which may affect the assessment of a matter on the agenda (i.e. the right to request information pursuant to Chapter 7, Sections 32 and 57 of the Swedish Companies Act).

Göteborg in November 2021 Akobo Minerals AB (publ) The Board of Directors