Railcare Group

AGM Information • May 7, 2025

Report from the Annual General Meeting of Railcare Group AB (publ)

Today, 7 May, 2025, the Annual General Meeting of Railcare Group AB (publ) was held. Below is a summary of the resolutions made. All resolutions were adopted with the required majority.

Adoption of the income statement and the balance sheets

The Meeting resolved to adopt the income statement and the balance sheet for the company as well as the consolidated income statement and the consolidated balance sheet for the financial year 2024.

Allocation of the company's result

The Meeting resolved to allocate the company's profits for the financial year 2024 in accordance with the Board's proposal. The Meeting resolved that SEK 16,886,917 is distributed to the shareholders and that the remaining part of the company's profit, SEK 25,221,862 is balanced in a new account.

Discharge from liability for the directors and the CEO

The Meeting resolved to discharge the Board of Directors and the CEO from liability for their management during 2024.

Determination of the number of board members and the number of auditors

The Meeting resolved, in accordance with the Nomination Committee's proposal, that the number of board members shall be six and that the number of auditors shall be one.

Determination of remuneration to the Board of Directors and auditor

The Annual General Meeting resolved, in accordance with the Nomination Committee's proposal, that the remuneration to non-employed board members elected by the General Meeting and the remuneration to nonemployed members of the different Board committees shall be distributed as follows:

• Three income base amounts to the Chairman of the Board of Directors;
• One and a half income base amounts to each of the other board members.

The above remunerations include remuneration for work in the remuneration committee, while work in the audit committee is remunerated additionally with:

• One income base amount to the Chairman of the audit committee;
• Half income base amount to each of the other members of the audit committee.

The remuneration is calculated on the basis of the income base amount in force at the beginning of the board year. For 2025, the income base amount is set at SEK 80,600.

The Meeting resolved that no remuneration shall be paid to the members of the Nomination Committee. However, the company reimburse reasonable costs that the members of the Nomination Committee may have, such as, for example, costs that may arise during recruitment services, and for external consultants who are deemed necessary by the Nomination Committee for the Nomination Committee to be able to fulfill its task.

The Meeting further resolved, in accordance with the Nomination Committee's proposal, that audit remunerations shall be paid according to approved invoice in accordance with custom billing standards.

Election of Board of Directors and auditor

The Meeting resolved, in accordance with the Nomination Committee's proposal, to re-elect the Board members Anders Westermark, Catharina Elmsäter-Svärd, Björn Östlund, Andreas Lantto, Linn Andersson and Maria Kröger as members of the Board of Directors. Anders Westermark was re-elected as Chairman of the Board of Directors.

Furthermore, the Annual General Meeting resolved, in accordance with the Nomination Committee's proposal, that the auditing company Ernst & Young Aktiebolag be re-elected as auditor until the end of the Annual General Meeting that is to be held the next financial year.

Resolution regarding guidelines for appointing members of the election committee and the duties of the election committee

The Annual General Meeting resolved, in accordance with the election committee's proposal, on guidelines for appointing members of the election committee and the duties of the election committee.

Resolution regarding guidelines for remuneration to senior executives

The Annual General Meeting resolved, in accordance with the Board of Director's proposal, on guidelines for remuneration to senior executives.

Approval of the renumeration report for 2024

The Annual General Meeting resolved, in accordance with the Board of Director's proposal, to approve the renumeration report for 2024.

Information about the Annual General Meeting

Information about the Annual General Meeting is available at the company's website in the menu Bolagsstyrning /Bolagsstämma.

This information is of the nature that Railcare Group AB (publ) is obliged to make it public pursuant to Nasdaq Stockholm rulebook for issuers.

For further information contact:

Mattias Remahl, CEO Telephone: +46 70 271 33 46 E-mail: mattias.remahl@railcare.se

Hanna Hedlund, IR, Communications and Sustainability Manager Telephone: +46 70 658 38 09 E-mail: hanna.hedlund@railcare.se

About Railcare Group

The railway specialist Railcare offers innovative products and services for the railway; for example, railway maintenance with self-developed machines, a locomotive workshop, special transport and machine sales projects. Our market is mainly in Scandinavia and the United Kingdom. The railway industry is in a positive development with increasing traffic volumes, extensive investment programs, developing cost-effective freight and passenger transport, and rising environmental awareness. Railcare delivers both sustainable and efficient solutions that contribute to the railway, so it can be used for the maximum number of years to come. The shares of Railcare Group AB (publ) are listed on the Small Cap list of the Nasdaq Stockholm exchange. The Group has approximately 200 employees and annual sales of approximately SEK 630 million. The company's headquarters are in Skellefteå.