Vend Marketplaces
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Vend Marketplaces (VEND) investor relations material

Vend Marketplaces AGM 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2026 summary30 Apr, 2026

Opening remarks and agenda

  • Meeting opened by the Chairman, held digitally, with voting instructions and agenda provided online.

  • Attendance included CEO, CFO, auditor, and Nomination Committee Chair; share representation recorded at 75.66% of voting capital.

  • Voting on agenda items conducted digitally, with results to be published in the minutes.

Financial performance review

  • 2025 marked a transformation, focusing on Nordic marketplaces, exiting non-core assets, and removing dual class shares.

  • Returned NOK 7.9 billion to shareholders via buybacks and dividends.

  • Full year EBITDA reached NOK 2.1 billion, up 30% from 2024; Q1 2026 showed 9% revenue growth in verticals and 36% group EBITDA margin.

  • Mobility segment not expected to meet 12%-17% revenue growth target for 2026; cost base to decline by NOK 100 million.

  • New NOK 4 billion buyback program announced.

Board and executive committee updates

  • Board restructured with new members Kim Wahl (Vice Chair) and Melina Cruickshank; two members not standing for re-election.

  • Board composition now includes diverse international experience.

  • All board members elected for one year; Karl-Christian Agerup re-elected as Chair.

Factors impacting 2026 mobility growth targets
Rationale for the new NOK 4 billion buyback
Drivers for the NOK 100 million cost reduction
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One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
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