Vend Marketplaces (VEND) EGM 2025 summary

Opening remarks and agenda

• Chairman welcomed participants and declared the digital meeting open, outlining voting procedures and agenda access.

• Notice and appendices were made available online, and share representation was recorded before proceeding.

• Voting guides and technical instructions for digital participation were provided.

Specific resolutions to be voted on

• Election of Andreas Ehrenclou as meeting chair was unanimously approved.

• Approval of the notice and agenda, and election of Simen Bjølseth Madsen as co-signer of the minutes.

• Removal of the dual share class structure, amending articles to create a single class of shares with equal voting rights.

• Authorization for the board to issue ordinary shares, replacing previous authorization for B shares.

• Reduction of share capital by redeeming 14,874,297 own shares, with 300,000 retained for incentive schemes.

• Authorization for the board to buy back up to 10% of shares until the 2026 AGM.

Q&A with stakeholders

• A shareholder questioned why Article 6 on ownership and voting rights was not amended; the chairman explained changes were limited to reversing the 2015 dual-class introduction as agreed with a previous buyer.