04.05 • 2022

NOTICE OF EXTRAORDINARY GENERAL MEETING IN R8 PROPERTY ASA

FRIDAY 20TH OF MAY 2022 KL. 12.00 I POWERHOUSE TELEMARK, DOKKVEGEN 11, 3920 PORSGRUNN

The Annual General Meeting is opened by the Chair of the company, George Emil Aubert.

AGENDA:

1. Opening of the Annual General Meeting

2. Election of person to Chair the meeting

3. Approval of the notice and the meeting agenda

The meeting is held physically on the companys address in Porsgrunn. Shareholders who wants to participate on the Annual General Meeting should sign up. If shareholders want to participate digitally, please send an email to [email protected] and further instructions will be recieved. For more information, please see the attached registration form.

4. Election of person to sign the minutes together with the Chair of the meeting

5. Approval of proposal for Articles of Association

The Board of Directors proposed a change of the Articles of Association. The change was to change the company name from R8 Property ASA to Recreate ASA.

«The resolution from the Board of Directors from 04.05.2022 regarding change in Articles of Association from R8 Property ASA to Recreate ASA was revised and approved. In compliance with the proposal from the Board of Directors the following articles of association was decided:»

ARTICLES OF ASSOCIATION FOR R8 PROPERTY ASA

(Adopted on 20.05.2022)

§ 1 Company name

The company's company name is Recreate ASA. The company is a public limited liability company.

§ 2 Business office

The company's registered office is in Porsgrunn municipality.

§ 3 Business

The company's objective is to own, operate and lease real estate, own shares in other companies, invest in shares and other securities, as well as other activities that are naturally connected to this.

§ 4 Share capital

The company's share capital is NOK 5,423,581 divided into 21,694,324 shares, each with a nominal value of NOK 0.25. The company's shares must be registered in the central securities depository.

§ 5 The Board

The company's board shall consist of 3 to 7 board members.

§ 6 Signature right

Power of signing for the Company is vested in the Chair of the board and one board member jointly or by the CEO and one board member jointly. The board can issue a power of attorney.

§ 7 Nomination Committee

The company shall have a nomination committee consisting of two to three members, following the general meeting's further decision. The general meeting elects the members of the nomination committee, including Head of the committee. The members are elected for a period of two years.

The nomination committee submits a recommendation to the general meeting on the election of members to the company's board and nomination committee. The nomination committee also proposes remuneration to the members of the board and nomination committee.

§ 8 General Meeting

The Annual General Meeting shall consider:

• Approval of the annual accounts and the annual report

• Use of profit or coverage of losses in accordance with the established balance sheet, as well as distribution of dividends

• Election of board

• Other matters which in accordance with law or the articles of association are to be dealt with by the general meeting

It is not necessary to send documents to the shareholders concerning matters to be considered at the general meeting, including documents which by law must be included in or attached to the notice of the general meeting, if the documents are available on the company's website. A shareholder may nevertheless demand that documents relating to matters to be considered at the general meeting be sent to him.

§ 9 The relationship to the Public Limited Liability Companies Act

In other respects, reference is made to the public share legislation in force at any given time.

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PORSGRUNN MAY 4TH 2022 BOARD OF DIRECTORS R8 PROPERTY ASA

Ref. no.: PIN code:

Notice of Extraordinary General Meeting

Meeting in R8 Property ASA will be held on May.20th 2022 at 12.00 a.m. CET Address: Dokkvegen 11, Porsgrunn/ Meeting will be held Physically

The shareholder is registered with the following amount of shares at summons: ____ and vote for the number of shares registered per
Record Date: May.20th.2022

Deadline for registration of attendance, proxy or instructions: May.20th 2022 at. 12:00 a.m CET

Registration for attendance

Notice of attendance should be registered through the Company's website www.recreate.no/investor-relations or through VPS Investor Services. For notification of attendance through the Company's website, the reference number and pin code on this form must be stated. In VPS Investor Services chose Corporate Actions - General Meeting, click on ISIN. Investor Services can be accessed either through https://www.euronextvps.no/ or your account operator. If you are not able to register this electronically, you may send by e-mail to [email protected], or by regular Mail to DNB Bank ASA, Registrars Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway.

This is a physical meeting, and we encourage shareholders to either participate by advance votes, proxy or physically. If any shareholder enrolled prefer to attend electronically, please send an e-mail to [email protected] and we will facilitate for this.

Place	Date	Shareholder's signature


		Proxy without voting instructions for Extraordinary General Meeting of R8 Property ASA
Proxy to another individual to vote for your shares.
		Ref. no.: PIN code:
Proxy should be registered through the Company's website www.recreate.no/investor-relations or through VPS Investor Services. For granting proxy through the Company's website, the reference number and pin code on this form must be used. In VPS Investor Services chose Corporate Actions - General Meeting, click on ISIN. Investor Services can be accessed either through https://www.euronextvps.no/ or your account operator. If you are not able to register this electronically, you may send by E-mail to [email protected], or by regular Mail to DNB Bank ASA, Registrars Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway. If the shareholder is a Company, the signature must be according to the Company's Certificate of Registration. The Proxy must be dated and signed to be valid.

The undersigned: __________________________________________________

hereby grants (if you do not state the name the proxy holder, the proxy will be given to the Chair of the Board of Directors)

the Chair of the Board of Directors (or a person authorised by him or her), or

_____________________________________________

(Name of proxy holder in capital letters)

proxy to attend and vote for my/our shares at the Extraordinary General Meeting of R8 Property ASA on May 20th 2022.

Place Date Shareholder's signature (only for granting proxy)

Ref. no.: PIN code:

Proxy with voting instructions for Extraordinary General Meeting in R8 Property ASA

You must use this proxy form to give voting instructions to Chair of the Board of Directors or the person authorised by him or her. For Instruction to other than Chair of the Board, give a proxy without voting instructions and agree directly with the proxy holder how voting should be executed.

Proxies with voting instructions can only be registered by DNB, and must be sent to [email protected] (scanned form) or by regular Mail to DNB Bank ASA, Registrars' Department, P.O.Box 1600 Centrum, 0021 Oslo, Norway. The form must be received by DNB Bank ASA, Registrars' Department no later than May.20th 2022 at 12:00 a.m CET. If the shareholder is a Company, the signature must be according to the Company's Certificate of Registration.

The Proxy with voting instructions must be dated and signed to be valid.

The undersigned: ________________________________________________

hereby grants the Chair of the Board of Directors (or the person authorised by him or her) proxy to attend and vote for my/our shares at the Extraordinary General Meeting of R8 Property ASA on May 20th 2022.

The votes shall be exercised in accordance to the instructions below. If the sections for voting are left blank, this will be counted as an instruction to vote in accordance with the Board's and Nomination Committee's recommendations. However, if any motions are made from the attendees in addition to or in replacement of the proposals in the Notice, the proxy holder may vote at his or her discretion. If there is any doubt as to how the instructions should be understood, the proxy holder may abstain from voting.

Agenda for the Extraordinary General Meeting 2022		For	Against	Abstention
1.	Opening of the Annual General Meeting			
2.	Election of person to Chair the meeting			
3.	Approval of the notice and the meeting agenda			
4.	Election of person to sign the minutes together with the Chair of the meeting			
5.	Approval of proposal for Articles of Association			

Place Date Shareholder's signature (Only for granting proxy with voting instructions)

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Recreate ASA AGM Information 2022