Bure Equity

AGM Information • May 6, 2021

Press Release Stockholm May 6, 2021

2021 ANNUAL GENERAL MEETING OF BURE EQUITY AB (PUBL)

The Annual General Meeting (AGM) of Bure Equity AB (publ) on 6 May 2021 dealt with the following items of business, among others:

Election of Board members

The AGM decided that the number of Board members shall be 6 (6). As Bure's Board of Directors, the AGM re-elected sitting Board members Carl Björkman, Carsten Browall, Bengt Engström, Charlotta Falvin, Sarah McPhee and Patrik Tigerschiöld. Patrik Tigerschiöld was reelected as Board Chairman.

Election of auditor

The AGM elected the auditing firm of Öhrlings PricewaterhouseCoopers AB as the company's auditor to serve for the period until the 2022 AGM. Magnus Svensson Henryson was appointed Auditor in Charge.

Resolution regarding dividends

The AGM resolved to approve a cash dividend of SEK 2.00 as ordinary dividend. The record date was set for 10 May 2021, which means that the dividends are expected to be disbursed on 14 May 2021.

Principles for remuneration and other terms of employment for senior executives

The AGM approved the Board's proposed principles for remuneration and other terms of employment for senior executives.

Authorization of the Board to decide on the repurchase of shares

The AGM authorized the Board of Directors, until the date of the 2022 AGM, to repurchase shares in order to adapt the company's capital structure to the company's capital requirements from time to time and thereby contribute to greater shareholder value. Following the repurchase, the company may hold no more than 10 per cent of all shares in the company.

Shares may be acquired through trading on Nasdaq Stockholm ("the stock exchange"), or in accordance with a tender offer to all of the company's shareholders. Shares may be acquired during the period from 7 May 2021 until the next AGM. However, no shares will be acquired during a period of 30 days prior to the publication of a quarterly report, including the date of publication. Acquisitions on the stock exchange may take place only at a price per share that falls within the registered price interval at any given time. Payment for the shares shall be made in cash. Shares may be acquired on one or several occasions.

Bure Equity AB currently holds no treasury shares. The total number of shares in issue by Bure Equity AB currently amounts to 74,146,921. The maximum number of shares that can be repurchased is thus 7,414,692.

Press Release Stockholm May 6, 2021

Authorization of the Board to decide on a new share issue

The AGM authorized the Board of Directors, prior to the 2022 AGM, on one or more occasions, to decide on the issue of shares, with or without deviating from the shareholders' preferential rights. Shares may be issued against cash payment, offset, or transfer of contingent property or with other conditions referred to in chapter 13, paragraph five, section 6 of the Swedish Companies Act. Furthermore, the Board has the right to determine the terms of an issue. The issue price shall be determined by market conditions and the number of newly issued shares may not exceed ten per cent of the number of outstanding shares on the date of this notice.

The reason for deviating from the right of pre-emption and the right to decide on offsets, in kind or other conditions referred to in the Companies Act is that the Company should be able to issue shares in order to continuously adjust the Company's capital structure to match the Company's capital needs and thereby contribute to increased shareholder value.

Amendment of the Company's Articles of Association

AGM decided to amend the Company's Articles of Association. Chapter 7, section 4 of the Swedish Companies Act (2005: 551) states that company boards may collect proxies before a general meeting if specified in the articles of association. Chapter 7, section 4 of the Swedish Companies Act states that the articles of association may also state that company boards may decide before a general meeting that shareholders shall be able to exercise their voting rights by post before the general meeting.

In order to be able to utilize the alternatives that the Companies Act states to decide on proxy collection and postal voting, the AGM decided that a new section 9 iii), with the wording below, be incorporated into Bure's Articles of Association and that the numbering be changed so that the current section 9 iii) becomes section 9 iv). Section 9 iv) becomes section 9 v), section 9 v) becomes section 9 vi) and section 9 vi) becomes section 9 vii):

Section 9 iii) Collection of proxies and postal voting

The Board of Directors may, if special circumstances exist according to the board's assessment, collect proxies in accordance with the procedure specified in chapter 7, section 4, paragraph 2 of the Swedish Companies Act (2005: 551).

Prior to a general meeting, the Board of Directors may, if special circumstances exist according to the board's assessment, decide that shareholders shall be able to exercise their voting rights by post before the general meeting in accordance with chapter 7, section 4 of the Swedish Companies Act (2005: 551).

Exercise of repurchase authorization

At the statutory meeting following the AGM, the Board decided to exercise this authorization. This decision means that repurchases can be initiated during the year.

For more information, contact

Press Release Stockholm May 6, 2021

Henrik Blomquist, CEO

henrik.blomquist@bure.se Telephone: +46 (0) 8-614 00 20

Max Jonson, CFO

max.jonson@bure.se Telephone +46 (0) 8-614 00 20

Attachments

2021 ANNUAL GENERAL MEETING OF BURE EQUITY AB (PUBL)