SinterCast

AGM Information • May 20, 2025

Press Release For Immediate Distribution

SinterCast Annual General Meeting 2025

[Stockholm, 20 May 2025] – The Annual General Meeting (AGM) of SinterCast Aktiebolag was conducted on 20 May 2025. During the AGM, presentations were provided by Mr Fernando Rizzo, President of Tupy S.A. 2018-2025, Dr Steve Dawson, President & CEO, and Dr Vitor Anjos, Operations Director. The three presentations reinforced the positive growth outlook for CGI as most heavy duty commercial vehicle OEMs have chosen to adopt CGI before the end of the current decade. There was also a strong consensus in the growth of net-zero liquid fuels, such as biofuels, HVO, synthetic fuels and hydrogen. The availability of these clean fuels – together with manufacturing, servicing, cost and operational benefits – can position the internal combustion engine as the preferred powertrain option for heavy duty commercial vehicles over battery and fuel cell alternatives. It was also noted that the internal combustion engine currently commands more than 97% of the heavy duty sector. Together, Dr Dawson and Dr Anjos reiterated the company's targets to reach the five million Engine Equivalent milestone before the end of 2026 and to surpass the 2024 installation revenue of SEK 11.4 million in 2025. However, Dr Dawson and Dr Anjos cautioned that the current uncertainties related to global trade and tariffs may affect vehicle sales in the end-user market and capital expenditure decisions in the foundry market. The recorded presentations will be available on the SinterCast website on or before 23 May.

Adoption of the profit and loss statements and balance sheets and decision on dividend

The AGM adopted the profit and loss statements and the balance sheets included in the 2024 annual report and decided on a dividend of SEK 7.00 per share for the financial year 2024, of which SEK 6.00 per share is ordinary dividend and SEK 1.00 per share is extraordinary dividend. The dividend is divided into two equal payments of SEK 3.50 per share with the record date 22 May 2025 for the first payment and the record date 7 November 2025 for the second payment.

Board of Directors and Auditor

The AGM granted the Board Members and the Managing Director discharge from liability for the financial year 2024.

The AGM resolved that the Board of Directors shall consist of six ordinary Board Members, including the Chairman, and no alternate Board Members. The AGM re-elected Robert Dover, Steve Gill, Einar Ahlström, Per Borgklint and Steve Dawson as Board Members for the period until the end of the next AGM. Robert Dover was elected as Chairman of the Board. The AGM also elected Henriette Zeuchner as a new ordinary Board Member for the period until the next Annual General Meeting. The biography of Henriette Zeuchner is available on the SinterCast website. Anna-Maria Heidmark Green, Board Member since 2023, declined re-election. The AGM re-elected the registered auditing company KPMG AB as auditor for the period until the end of the next AGM. Jonas Eriksson will be the principal auditor.

Remuneration to the Board Members and the Auditor

The AGM decided that remuneration to the Board Members, for the period until the next AGM, shall remain unchanged, at SEK 450,000 for the Chairman and SEK 210,000 each for the ordinary Board Members elected by the General Meeting. No remuneration shall be paid to any Board Member employed by the company.

The AGM decided that the auditor shall be paid against approved invoice.

Updated guidelines for the Nomination committee

The AGM decided to adopt updated guidelines for the Nomination Committee.

Approval of the Remuneration Report 2024

The AGM decided to approve the Board of Directors' Remuneration Report for 2024.

Authorisation of the Board of Directors to decide upon acquisition and disposal of SinterCast shares

The AGM authorised the Board of Directors to, on one or more occasions prior to the next Annual General Meeting:

• decide upon the acquisition of SinterCast shares. SinterCast may only acquire such number of shares so that the company's shareholding at any given time does not exceed 10 percent of the total shares in the company. Acquisition of shares may be made on Nasdaq Stockholm at a price within the registered price interval on each occasion,
• decide upon disposal of a maximum of all SinterCast shares held by the company at any given time, on Nasdaq Stockholm or in other ways, for example in connection with the acquisition of a company or business, with or without a deviation from the shareholders' preferential rights and with or without payment in kind or payment by set-off. Disposal of shares on Nasdaq Stockholm may only be made at a price within the registered price interval on each occasion. Disposal of shares in other ways may be made at a market price estimated by the Board of Directors.

The purpose of the authorisation is for SinterCast to be able to acquire its own shares at any given time so as to adapt the capital structure of the company and to be able to transfer shares in connection with a potential acquisition of a company or business.

Reduction of the statutory fund for allocation to unrestricted equity

The AGM resolved to reduce the statutory fund by SEK 9,532,381 (equal to the entire fund) for allocation to unrestricted equity.

The motive for the reduction of the statutory fund for allocation to unrestricted equity is to optimise the capital structure of the company and thereby enable future dividends.

The complete proposals from the AGM 2025 are available on the company's website, www.sintercast.com

For and on behalf of the Board of Directors:

Dr Steve Dawson President & CEO SinterCast AB Mobile: +44 771 002 6342 E-mail: steve.dawson@sintercast.com

SinterCast® is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). Stronger, stiffer and more durable than conventional iron, CGI enables the development of smaller, lighter and more fuel efficient engines in passenger vehicle, commercial vehicle and industrial power applications. The use of SinterCast-CGI currently contributes to the reduction of approximately ten million tonnes of CO2 per year. With 58 installations in 13 countries, SinterCast provides sustainable solutions for manufacturing and transportation to the global foundry and automotive industries. SinterCast is a publicly traded company, quoted on the Small Cap segment of the Nasdaq Stockholm stock exchange (SINT). For more information: www.sintercast.com

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