Kid ASA

AGM Information • May 12, 2025

Kid ASA

In case of discrepancies between the Norwegian text and the English translation, the Norwegian text shall prevail.

	Protokoll fra ordinzer generalforsamling		Minutes of annual general meeting
Det ble avholdt ordinger generalforsamling i Kid ASA, org.nr. 988 384 135 ("Selskapet") mandag den 12. mai 2025 elektronisk.		The annual general meeting of Kid ASA, org. no. "Company") was 988 384 135 held on (the Monday 12 May 2025 electronically.
Oversikt	representerte aksjonzerer over folger vedlagt protokollen.	A	shareholders represented record the of at meeting is attached to these minutes.
Metet	Espen apnet Styrets av leder, ble Gundersen.		The meeting was opened by the Chairman of the Board, Espen Gundersen.
	Dagsorden:	Agenda:
1.	moteleder og person til a Valg av en medundertegne protokollen	1.	Election of a chairperson and a person to co-sign the minutes
	Espen Gundersen ble valgt som me@teleder Kamhaug valgt og Berit ble Fjell a til medundertegne protokollen sammen med moteleder.		Gundersen Espen was elected as chairperson, and Berit Fjell Kamhaug was elected to co-sign the minutes along with the chairperson.
2.	Godkjennelse innkallingen og av_ dagsorden		Approval of the notice and the agenda
	Innkallingen og dagsorden ble godkjent.		The notice and the agenda were approved.
3.	Godkjennelse arsregnskap og av ASA arsberetning Styrets Kid og for konsernet herunder 2024, for disponering samt arets resultat, av behandling om redegjorelse av foretaksstyring og revisors beretning		Approval of the annual accounts and ASA and directors' report of Kid the group for 2024, including allocation of the result the year, well as as of consideration statement on the of corporate governance and audit report
	henhold Styrets forslag _ traff til generalforsamlingen folgende vedtak:		accordance with proposal of the the In Board meeting the general of Directors, passed the following resolution:
	Arsregnskapet og arsberetningen for 2024 godkjennes.		annual accounts and the The directors' report for 2024 are approved.
	Det foreslatte utbyttet pa NOK 5,00 per aksje godkjennes.		The proposed dividend of NOK 5.00 per Share is approved.
4.	Fullmakt beslutte utdeling av a til utbytte		Authority to approve the distribution of dividends
	henhold Styrets forslag _ traff til generalforsamlingen felgende vedtak:		accordance proposal with of the the In Board meeting of Directors, the general passed the following resolution:

Kid asa

Styret gis i henhold til allmennaksjeloven § 8-2 (2) fullmakt til a beslutte utdeling av utbytte pa grunniag av _ Selskapets arsregnskap for 2024. Fullmakten kan utgves én gang.

Fullmakten gjelder frem til ordineer generalforsamling i 2026.

Fastsettelse av honorar til Styrets medilemmer

Generalforsamlingen vedtok at Styrets honorar for perioden mai 2024 til ordinger generalforsamling i 2025 skal veere som folger:

The authority shall remain in force until the annual general meeting in 2026. Determination of the remuneration of the members of the Board of Directors

used one time.

The general meeting resolved that the remuneration of the Board of Directors for the period from May 2024 to the annual general meeting in 2025 shall be as follows:

The Board of Directors is authorized pursuant to the Public Limited Companies Act § 8-2 (2) to approve the distribution of dividends based on the Company's annual accounts for 2024. The authority may be

Styreleder:	NOK 700.000	Chairman:	NOK 700,000
Styremediem:	NOK 435.000	Board member:	NOK 435,000
Tillegg medlem av revisjonsutvalg:	NOK 17.000 per mete	Additional fee to member of the audit committee:	17,000 NOK-~ per meeting

Generalforsamlingen vedtok honorar pa NOK 50.000, til to av styrets medlemmer for a tilrettelegge prosessen_ rundt rekruttering av ny CEO, i trad med valgkomiteens anbefaling.

Godkjennelse av honorar til Selskapets revisor

Generalforsamlingen godkjente honoraret til Selskapets revisor.

Valg av ny revisor

| henhold til Styrets forslag _ traff generalforsamlingen folgende vedtak:

"PwC AS gjenvelges som revisor for regnskapsaret som starter 1. januar 2025."

Valg av mediemmer til Styret

Generalforsamlingen gjenvalgte Karin Bing Orgland som styremedlem for en periode pa to ar.

The general meeting approved the remuneration of NOK 50,000 to two of the board members to facilitate the process of recruiting the new CEO, in accordance with the recommendation from the Nomination Committee.

Approval of the remuneration of the Company's auditor

The general meeting approved the remuneration of the Company's auditor.

Election of new auditor

In accordance with the proposal of the Board of Directors the general meeting passed the following resolution:

"PwC is re-elected as auditor for the fiscal year commencing on 1 January 2025."

Election of members to the Board of Directors

The general meeting re-elected Karin Bing Orgland as member of the board for a period of two years.

Kid asa

	Valg av medlemmer til valgkomitéen		Election of members to the nomination committee
	Generalforsamlingen gjenvalgte Sten Arthur Seler som leder av valgkomitéen for en periode pa ett ar.		meeting general re-elected The Sten Arthur Saeler as chair of the nomination committee for a period of one year.
10.	honorar Fastsettelse valg av til komiteens medlemmer	10.	remuneration Determination of the of members nomination the the of committee
	Generalforsamlingen vedtok at valgkomiteens honorar for perioden fra mai 2024 til ordinaer generalforsamling i 2025 skal vzere falgende:		meeting The general resolved that the remuneration of the nomination committee for the period from May 2024 to the annual meeting 2025 general shall be as in follows:
	NOK 80.000 Leder:		NOK 80,000 Chair:
	NOK 50.000 Medlem:		NOK 50,000 Member:
11.	Godkjennelse av retningslinjer om fastsettelse av lonn og annen godtgjgrelse til ledende personer	11.	Approval of guidelines on setting the salary and other remuneration of leading persons
	bestemmelsene med trad i allmennaksjeloven § 6-16a, og i henhold til generalforsamlingen styrets forslag traff falgende vedtak:		In line with the requirements in the Public Limited Companies Act § 6-16a, and in accordance with the proposal of the Board of Directors, the general meeting passed the following resolution:
	De retningslinjene reviderte for personer ledende godtgjgrelse_ til godkjennes.		The revised guidelines for remuneration to senior executives is approved.
12.	Rapport om Ig@nn og annen godtgjorelse til ledende personer	12.	Report for remuneration to senior executives
	bestemmelsene med trad I i allmennaksjeloven § 6-16b, og i henhold til generalforsamlingen styrets forslag traff folgende vedtak:		In line with the requirements in the Public Companies Act § 6-16b, Limited and in accordance with the proposal of the Board of Directors, the general meeting passed the following resolution:
	Generalforsamlingen gir sin tilslutning til rapport om Ignn og annen godtgjgrelse til ledende personer for 2024.		The general meeting endorses the report for remuneration to senior executives for 2024.
13.	Styrefullmakt til kapitalforhoyelse	13.	Board authorisation to increase the share capital

| henhold til styrets forslag _ traff generalforsamlingen folgende vedtak:

Styret gis i henhold til allmennaksjeloven § 10-14 (1) fullmakt til a forhoye Selskapets aksjekapital med inntil NOK 4.877.419. Innenfor denne samlede belgpsrammen kan fullmakten benyttes flere ganger.

Fullmakten kan bare benyites til a utstede aksjer som vederlag og til innhenting av ny egenkapital for a _ styrke Selskapets finansiering.

Fullmakten gjelder frem til ordineer generalforsamling i 2026, dog senest til 30. juni 2026.

Aksjeeiernes fortrinnsrett etter allmennaksjeloven § 10-4 kan fravikes.

Fullmakten omfatter kapitalforhayelse mot innskudd i penger og mot innskudd i andre eiendeler enn penger. Fullmakten omfatter rett til 4 padra selskapet seerlige plikter, jf. allmennaksjeloven § 10-2. Fullmakten omfatter beslutning om_ fusjon etter allmennaksjeloven § 13-5.

14. Styrefullmakt til erverv av Selskapets egne aksjer

| henhold til styrets forslag traff generalforsamlingen folgende vedtak:

Styret gis i henhold til allmennaksjeloven § 9-4 fullmakt til pa vegne av Selskapet a erverve aksjer i Selskapet ("egne aksjer") med en samlet palydende verdi pa inntil NOK 4.877.419.

Ved erverv av egne aksjer kan det ikke betales et vederlag pr. aksje som er mindre enn NOK70 eller som _ overstiger NOK 200.

Styret fastsetter pa hvilke mater egne aksjer kan erverves eller avhendes.

In accordance with the proposal of the Board of Directors, the general meeting passed the following resolution:

The Board of Directors is authorized pursuant to the Public Limited Companies Act § 10-14 (1) to increase the Company's share capital by up to NOK 4,877,419. Subject to this aggregate amount limitation, the authority may be used on more than one occasion.

The authority may only be used to issue shares as consideration and to raise new equity in order to strengthen the Company's financing.

The authority shall remain in force until the annual general meeting in 2026, but in no event later than 30 June 2026.

The pre-emptive rights of the shareholders under § 10-4 of the Public Limited Companies Act may be set aside.

The authority covers capital increases against contributions in cash and contributions other than in cash. The authority covers the right to incur special obligations for the Company, ref. § 10-2 of the Public Limited Companies Act. The authority covers resolutions on mergers in accordance with § 13-5 of the Public Limited Companies Act.

14. Board authorisation for the acquisition of the Company's own shares

In accordance with the proposal of the Board of Directors, the general meeting passed the following resolution:

The board of directors is authorized pursuant to the Public Limited Liability Companies Act § 9-4 to acquire shares in the Company ("own shares") on behalf of the Company with an aggregate nominal value of up to 4,877,419.

When acquiring own shares, the consideration per share may not be less than NOK 70 and may not exceed NOK 200.

The Board of Directors determines the methods by which own shares can be acquired or disposed of.

Kid asa

Fullmakten gjelder frem_ til ordineer generalforsamling i 2026, dog senest til 30. juni 2026.

The authority shall remain in force until the annual general meeting in 2026, but in no event later than 30 June 2026.

Da det ikke var flere saker pa dagsorden, ble motet avsluttet.

As there were no further matters on the agenda the meeting was adjourned.

Oversikt over stemmegivning pa de enkelte punktene er vedlagt protokollen.

( 4 LOG 7 t=

Espen Gundersen

An overview over the voting results on each item is attached to the minutes.

Lif habey

Berit al EY

Total Represented

ISIN:	NQ0010743545 KID ASA
General meeting date:	12/05/2025 15.00
Today:	12.05.2025

Number of persons with voting rights represented/attended : 1

	Number of shares	% sc
Total shares	40,645,162
- own shares of the company	i}
Total shares with voting rights	40,645,162
Represented by advance vote	24,838,997	61.11 %
Sum own shares	24,838,997	61.11 %
Represented by proxy	1,168,737	2.88 %
Sum proxy shares	1,168,737	2.88 %
Total represented with voting rights	26,007,734	63.99 %
Total represented by share capital	26,007,734 63.99 %

Registrar for the company: Signature company:

NORDEA BANK ABP, FILIAL NORGE KID ASA

Attendance List Attendance KID ASA 12/05/2025

	Ref no
	First Na me
	Com nam pan e y/L ast
	Repr . b y
	Part icip ant
Ordi nger	Shar e
24, 838 ,99 7	Own
0	Prox y
24, 838 ,99 7	Tota l
61.1 1 %	% s c
95.5 1 %	% r epre sent ed
95.5 1 %	% r egis tere d

Protocol for general meeting KID ASA

ISIN:	NO0010743545 KID ASA
General meeting date:	12/05/2025 15.00
Today:	12.05.2025
Shares class	For	Against	Poll in	Abstain	Poll not registered	Represented shares with voting rights
Agenda item 1 Election of a chairperson and a person to co-sign the minutes
Ordinzer	26,007,734	0	26,007,734	0	0	26,007,734
votes cast in %	100.00 %	0.00 %		0.00 %
"representation of sc in %	100.00 %	0.00 %	100.00 %	0.00 %	0.00 %
total sc in %	63.99 %	0.00 %	63.99 %	0.00 %	0.00 %
'Total	26,007,734		0 26,007,734	0	0	26,007,734
Agenda item 2 Approval of the notice and the agenda
	26,007,734		26,007,734			26,007,734
Ordinzer		0		0 0.00 %	0
votes cast in %	100.00 %	0.00 %
"representation of sc In %	100.00 %	0.00 %	100.00 %	0.00 %	0.00 %
total sc in %	63.99 %	0.00 %	63.99 %	0.00 %	0.00 %
Total	26,007,734		0 26,007,734	0	i)	26,007,734
Agenda item 3 Approval of the annual accounts and directors report of Kid ASA and the group for 2024,
i including allocation of the result of the year,
Ordinzer	26,002,991	0	26,002,991	4,743	0	26,007,734
votes cast in %	100.00 %	0.00 %		0.00 %
representation of sc in %	99.98 %	0.00 %	99.98%	0.02%	0.00 %
total sc in %	63.98 %	0.00 %	63.98%	0.01%	0.00 %
Total	26,002,991		0 26,002,991	4,743	(')	26,007,734
Agenda item 4 Authority to approve the distribution of dividends
Ordinzer	26,007,734	0	26,007,734	0	0	26,007,734
votes cast in %	100.00 %	0.00 %		0.00 %
representation of sc in %	100.00 %	0.00 %	100.00 %	0.00 %	0.00 %
total sc in %	63.99 %	0.00 %	63.99%	0.00 %	0.00 %
Total	26,007,734		0 26,007,734	0	Ct)	26,007,734
Agenda item 5 Determination of the r			'ation of the		bers of the Board of Directors
Ordinzer	26,007,479	255	26,007,734	ie)	0	26,007,734
votes cast in %	100.00 %	0.00 %		0.00 %
_ representation of sc in %	100.00 %	0.00 %	100.00 %	0.00%	0.00 %
total sc in %	63.99 %	0.00 %	63.99%	0.00%	0.00 %
Total	26,007,479		255 26,007,734	0	oO	26,007,734
Agenda item 6 Approval of the remuneration of the Companys auditor
Ordinzer	25,926,587	81,147	26,007,734	0	0	26,007,734
votes cast in %	99.69 %	0.31 %		0.00 %
representation of sc in %	99.69 %	0.31%	100.00 %	0.00%	0.00 %
total sc in %	63.79 %	0.20 %	63.99%	0.00%	0.00 %
Total	25,926,587		81,147 26,007,734	0	oO	26,007,734
Agenda item 7 Election	of new auditor
Ordinzer	25,884,124	123,610	26,007,734	0	0	26,007,734
votes cast in %	99.53 %	0.48 %		0.00 %
representation of sc In %	99.53 %	0.48 %	100.00 %	0.00 %	0.00 %
total sc in %	63.68 %	0.30 %	63.99 %	0.00 %	0.00 %
Total	25,884,124		123,610 26,007,734	0	C1)	26,007,734
Agenda item 8.1 Election of member to the Board of Directors - Karin Bing Orgland
Ordinzer	24,838,378	1,169,356	26,007,734	is}	0	26,007,734
votes cast in %	95.50 %	4.50 %		0.00 %
representation of sc in %	95.50 %	4.50 %	100.00%	0.00%	0.00 %
total sc in %	61.11 %	2.88 %	63.99%	0.00 %	0.00 %
Total	24,838,378		1,169,356 26,007,734	0	0	26,007,734
Agenda item 9.1 Election	of ber	to the	ination		ittee - Sten-Arthur Szlor
Ordinzer	26,007,734	0	26,007,734	0	(0)	26,007,734
votes cast in %	100.00 %	0.00 %		0.00 %
representation of sc in %	100.00 %	0.00 %	100.00 %	0.00 %	0.00 %
total sc In %	63.99 %	0.00 %	63.99 %	0.00 %	0.00 %
Total	26,007,734		0 26,007,734	0	0	26,007,734

Agenda item 10 Determination of the remuneration of the bers of the tion committee

Shares class	For	Against	Poll in	Abstain	Poll not registered	Represented shares with voting rights
Ordinzer	26,007,734	0	26,007,734	0	0	26,007,734
votes cast in %	100.00 %	0.00 %		0.00 %
representation of sc in %	100.00 %	0.00 %	100.00%	0,00 %	0.00 %
total sc in %	63.99 %	0.00 %	63.99%	0.00%	0.00 %
Total	26,007,734		0 26,007,734	0	oO	26,007,734
Agenda item 11 Approval of guidelines on setting the salary and other r					ation of leading	persons
Ordinzer	21,175,192	4,832,242	26,007,434	300	0	26,007,734
votes cast in %	81.42 %	18.58 %		0.00 %
representation of sc in %	81.42 %	18.58 %	100.00 %	0.00 %	0.00 %
total sc in %	52.10 %	11.89 %	63.99%	0.00%	0.00 %
Total	21,175,192 4,832,242		26,007,434	300	0	26,007,734
Agenda item 12 Report on salary and other r			ation to	ii	tives
Ordinzer	21,057,853	4,949,499	26,007,352	382	0	26,007,734
votes cast in %	80.97 %	19.03 %		0.00 %
representation of sc in %	80.97 %	19.03 %	100.00 %	0.00 %	0.00 %
total sc in %	51.81 %	12.18 %	63.99%	0.00%	0.00 %
Total			21,057,853 4,949,499 26,007,352	382	0	26,007,734
Agenda item 13 Board authorisation to increase the share capital
Ordinzer	26,007,129	605	26,007,734	0	0	26,007,734
votes cast In %	100.00 %	0.00 %		0.00 %
representation of sc in %	100.00 %	0.00 %	100.00 %	0.00%	0.00 %
total sc In %	63.99 %	0.00 %	63.99%	0.00 %	0.00 %
'Total	26,007,129		605 26,007,734	o	0	26,007,734
Agenda item 14 Board authorisation for the acquisition of the Companys own shares
Ordinzer	25,964,971	42,763	26,007,734	0	0	26,007,734
votes cast in %	99.84 %	0.16 %		0.00 %
representation of sc in %	99.84 %	0.16 %	100.00 %	0.00%	0.00 %
total sc in %	63.88 %	0.11%	63.99%	0.00%	0.00 %
Total	25,964,971	42,763	26,007,734	0	)	26,007,734

Registrar for the company: NORDEA BANK ABP, FILIAL NORGE Signature company:

KID ASA

Share information

Name Total number of shares | Ordinzer 40,645,162 Sum: 1.20 48,774,194.40 Yes Nominal value Share capital Voting rights

§ 5-17 Generally majority requirement requires majority of the given votes

§ 5-18 Amendment to resolution

Requires two-thirds majority of the given votes like the issued share capital represented/attended on the general meeting