Today, on 25 June 2025, the annual general meeting in Akobo Minerals AB (publ) ("Akobo Minerals" or the "Company") was held in Gothenburg. Below is a summary of the most important resolutions from the annual general meeting of the Company.

Resolution on adoption of accounts and allocation of the Company's results
The annual general meeting resolved to adopt the income statement and balance sheet, and the consolidated income statement and consolidated balance sheet. The annual general meeting further resolved to allocate the Company's result in accordance with the proposal from the board of directors, meaning that no dividends are paid and that the available funds are carried forward.

Discharge from liability for the members of the board of directors and the CEO

The annual general meeting resolved to discharge all persons who have been members of the board of directors or CEO of the Company during 2024 from liability.

Remuneration for the board of directors and the auditors

The annual general meeting resolved that board remuneration shall be paid with SEK 300,000 to the chairman of the board of directors and with SEK 100,000 to each of the other board members who are not employed by the Company.

The annual general meeting further resolved that the remuneration to the auditor shall be paid in accordance with approved invoice.

Election of the board of directors

The annual general meeting resolved to re-elect Hans Olav Torsen, Carl Eide and Helge Rushfeldt, as well as elect Wondwossen Zeleke Tessema as ordinary members of the board of directors. Hans Olav Torsen was re-elected chairman of the board.

Election of audit firm

Frejs Revisorer AB was re-elected as audit firm. Frejs Revisorer AB has announced that the authorized public accountant Sébastien Argillet will continue to be the auditor in charge.

Amendments to the articles of association

The annual general meeting resolved to amend the limits of the share capital and number of shares in the articles of association.

Authorization

The annual general meeting resolved to authorize the board of directors to, on one or several occasions until the next annual general meeting, with or without deviation from the shareholders' pre-emptive rights, against payment in cash, non-cash consideration or through set-off, resolve on new issues of shares, convertibles and/or warrants.

For more information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

About Akobo Minerals

Akobo Minerals is a Scandinavian-based gold producer, currently holding an exploration license covering 182 km2 and a mining license covering 16 km2 in the Gambela region and Dima Woreda, Ethiopia. With over 15 years of active operations on the ground, the company has established a strong foothold in Ethiopian mining industry.

Akobo Minerals' Segele mine has an Inferred and Indicated Mineral Resource of 68,000 ounces, yielding a world-class gold grade of 22.7 g/ton The mineralized zone remains open at depth, supporting future resource estimates and extending the mine's life. The exploration license holds numerous promising exploration resource-building prospects in both the vicinity of Segele and in the wider license area.

Akobo Minerals maintains strong relationships with local communities and government authorities, placing ESG principles at the core of its operations. The company's commitment to sound ethics, transparency, and stakeholder engagement is evident through its industry-leading extended shared value program.

Akobo Minerals is ready to take on new opportunities and ventures as they arise. The company is uniquely positioned to become a major player in the future development of the very promising Ethiopian mining industry.

The company is headquartered in Oslo and is publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the ticker symbol AKOBO. For US investors, Akobo Minerals AB (OTC: AKOBF) is traded on the OTC Pink Market.

Akobo Minerals places great emphasis on meeting and exceeding industry standards, fully complying with all aspects of the JORC code, 2012. For detailed information on their adherence to this code, please refer to https://www.jorc.org/.