Ahead of the extraordinary general meeting to be held on 4 April 2025, the Board publishes the complete proposal regarding the issue authorization (paragraph 8 in the agenda in the notice to the meeting) whereby the Board, in addition to shares, is proposed to be authorized to issue warrants and convertibles.

Paragraph 8 – Resolution on authorization for the Board to resolve on issue of shares, warrants and convertibles
The Board proposes that the meeting resolves to authorize the Board to, until the time of the next annual general meeting and on one or more occasions, resolve on new issues of shares, warrants and/or convertibles with or without deviation from the shareholders’ preferential rights.

The Board shall have the right to decide that payment shall be made in cash or in kind or subscribed for with a right of set-off. The number of shares that may be issued, the number of shares that may be subscribed for by exercise of warrants and the number of shares that convertibles may be converted into pursuant to the authorization shall not be limited in any way other than by the limits on the share capital and number of shares laid down in the articles of association in force from time to time.

The purpose of the authorization, and the reason for potential deviation from the shareholders’ preferential right is to enable the Board to act quickly and flexibly on both new investment opportunities as well as add-on investments in Flat’s existing portfolio.

Each member of the Board is authorized to, individually or through the person appointed by any of them, make such minor adjustments to this resolution as may be necessary in connection with the registration thereof.

The resolution shall be valid only if supported by shareholders representing at least two thirds of the votes cast and the shares represented at the meeting.

For further information, please contact:
Hanna Andreen, CEO, hw@flatcapital.com, +46 (0) 73 353 44 66

Certified Adviser:
Flat Capital's Certified Adviser is Augment Partners AB, info@augment.se, +46 (0) 8 604 22 55

About Flat Capital:
Flat Capital is an investment company that focuses on growth stage companies with prominent entrepreneurs in leading positions and primarily makes investments through its network of world-class investors and entrepreneurs. The company was founded in 2013 by entrepreneurs Nina and Sebastian Siemiatkowski (founders and CEOs of Milkywire and Klarna, respectively) and is led by CEO Hanna Andreen together with an experienced board of directors. Examples of portfolio companies include OpenAI, Klarna, Perplexity, SpaceX and Figma. The company aims to provide long-term capital and is essentially a passive minority shareholder, while Flat Capital’s experience and network are available to the extent the entrepreneur wishes. The aim is to facilitate successful company building and enable exposure to otherwise hard-to-reach and promising companies. More information is available at www.flatcapital.com.