Vend Marketplaces (VEND) AGM 2025 summary

Opening remarks and agenda

• Meeting opened by the chair, held digitally, with all agenda items open for voting and practical instructions provided.

• CEO, CFO, nomination committee chair, and auditor present; press attendance accepted; share representation recorded.

• Voting procedures and participation guidelines explained, with all items available for voting as presented.

Financial performance review

• 2024 saw a new strategy, separation of news media, and completion of the Adevinta transaction.

• Group revenues increased by 9% and EBITDA by 7% to NOK 1,697 million in 2024.

• Profit reached NOK 13 billion, driven by gains from Adevinta and discontinued operations.

• Q1 2025 revenues up 4% year-on-year, EBITDA up 18%; ongoing simplification and sale of Prisjakt announced.

Dividend announcements

• Dividend of NOK 2.25 per share for 2024 approved, to be paid on May 16, 2025; ex-dividend date May 8, 2025.

• Authorization granted for extraordinary dividend up to NOK 500 million upon receipt of Adevinta proceeds.