Netel Holding

Board/Management Information • Nov 7, 2024

Nomination Committee ahead of Netel's 2025 Annual General Meeting

The members of the Nomination Committee ahead of Netel's 2025 Annual General Meeting have now been appointed.

Netel's Annual General Meeting (AGM) has resolved that the Nomination Committee be composed of members of whom one is appointed by each of the four largest known shareholders or group of shareholders in the Company in terms of votes as per the last business day in August the year before the AGM and who wishes to appoint a member of the Nomination Committee. According to the instructions of the AGM, the member that represents the shareholder controlling the largest number of votes shall be chair of the Nomination Committee, unless the other members of the committee unanimously disagree. The Nomination Committee ahead of the 2025 AGM has the following composition:

• Carl Jakobsson, IK Partners, chair of the Nomination Committe, member of the Board
• Celia Grip, Swedbank Robur Fonder
• Peter Magnusson, Cicero Fonder
• Alireza Etemad, Etemad Group, chair of the Board

Altogether the Nomination Committee represents approximately 54.5% of the votes and capital in Netel as per 31 August 2024.

The Nomination Committee is tasked with – ahead of the 2025 AGM – drafting recommendations for a chairman to preside over the AGM, election of the Chairman of the Board and other board members, auditors, as well as directors' fees and auditors' fees. Shareholders who wish to submit proposals to the Nomination Committee can do so by email at valberedning@netel.se. In order for the Nomination Committee to be able to address submitted proposals in a constructive manner, proposals must be received latest 31 January 2025.

Netel's AGM will be held on Thursday 8 May 2025 in Stockholm.

Contacts

Jeanette Reuterskiöld, President and CEO, +46 (0) 702 28 03 89, jeanette.reuterskiold@netel. se

Fredrik Helenius, CFO, +46 (0) 730 85 52 86, fredrik.helenius@netel.se Åse Lindskog, IR, +46 (0) 730 24 48 72, ase.lindskog@netelgroup.com

About Us

With over 20 years of experience, Netel is a leader in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom in Northern Europe. We are involved in the entire value chain from design, production and maintenance of our customers' facilities. We are dedicated to securing an accessible and reliable future, where technology unites and transforms society. Netel reported net sales of SEK 3,500 million in 2023 and the number of employees in the group is about 860. Netel is listed on Nasdaq Stockholm since 2021. Read more at netelgroup.com.

Attachments

Nomination Committee ahead of Netel's 2025 Annual General Meeting