Notice is hereby given of an annual general meeting in

LED iBond International A/S

Reg. no. 36041609

(the "Company")

on 24 April 2024, at 10:00,
 

to be held with physical attendance at DTU Science Park, Agern Allé 5A, 2970 Hørsholm with the following

Agenda

1. The board of directors' report on the activities of the Company during the
past financial year

2. Adoption of the annual report

3. Resolution on distribution of profit or loss recorded in the annual report
adopted by the general meeting

4. Discharge for the board of directors and the management

5. Approval of remuneration to the board of directors for the current
financial year

6. Appointment of auditor

7. Proposal from the board of directors on number of board members

8. Appointment of members of the board of directors

9. Any proposals from the board of directors and/or shareholders

10. Others

In accordance with section 5.6 of the Articles of Association, the Board of Directors will appoint attorney-at-law Mathilde Schwitzer Alnor as chairperson of the general meeting.

Re 1.     The board of directors' report on the activities of the Company during the past financial year

Re 2.     Adoption of the annual report

Re 3.     Resolution on distribution of profit or loss recorded in the annual report adopted by the general meeting

Re 4.     Discharge for the board of directors and the management

Re 5.     Approval of remuneration to the board of directors for the current financial year

It is proposed to maintain the current remuneration to the board of directors (yearly; DKK 300K for the Chairperson and DKK 100K for board members).

Re 6.     Appointment of auditor

It is proposed to re-elect the Company's auditor (Beierholm).

Re 7.     Proposal from the board of directors on number of board members

The Board of Directors proposes to elect 3 members to the Board of Directors at the General Meeting and thus not 6 members (which is the maximum number according to the Articles of Association of the Company).

Re 8.                  Appointment of members of the board of directors

• Michael Brag

It is proposed to re-elect all board members eligible for re-election.

Additional candidates for election to the board of directors will be presented as soon as possible.

Re 9.     Any proposals from the board of directors and/or shareholders

Re 9a.   Proposal to delete current authorization to the board to issue warrants

The board of directors proposes to delete the remaining of authorization to the board to issue warrants under Section 3.2 in the articles of association of the Company.

The board of directors specifically proposes that the following wording is inserted in section 3.2 in the articles of association:

"At the general meeting on 24 April 2024, it was resolved to delete the remaining part of the authorization to issue warrants pursuant to section 3.2. The Board of Directors still has the authorization to carry out the required capital increase for already issued warrants."

Re 9b.   Proposal to delete current authorization to the board to increase share capital and issue convertible debt instruments
 

The board of directors proposes to delete three authorizations to the board of directors:  

I. The authorization to increase the share capital under section 3.4 in the articles of association of the Company.
II. The authorization to issue convertible debt instruments under section 3.5 in the articles of association of the Company.
III. The authorization to increase the share capital under section 3.6 in the articles of association of the Company.

Re 9c.   Amendment of the Articles of Association

The board of directors proposes to amend the articles of association in accordance with the proposal presented as appendix 1.

Re 10.                Others

It is proposed to authorize the chairperson with right of substitution to apply for registration of the adopted proposals with the Danish Business Authority.

***

Registration

Shareholders who wish to participate in the annual general meeting must request to participate in accordance with the time limit for ordering admission cards in section 7.2 of the Articles of Association Friday 19 April 2024, at 23:59.

A shareholder with the right to attend and vote in accordance with section 7.1 of the Articles of Association is entitled to attend the general meeting when the shareholders has registered no later than Friday 19 April 2024, at 23:59.

Registration can be done via Euronext's website, www.euronext.com/cph-agm

A shareholder or a proxy holder may attend the general meeting with an adviser if participation has been requested for the adviser.

Confirmation of registration will be sent via e-mail to the e-mail address provided by the shareholder in connection with registration.

Adoption requirements

Adoption of the proposals under articles 2-8 and 10 require a simple majority, cf. section 7.4 of the articles of association and section 105 of the Companies Act, whereas the proposals under items 9(a-c) of the agenda require at least two-thirds of the votes cast as well as at least two-thirds of the share capital represented at the general meeting.

The size of the share capital and voting rights

The Company's share capital amounts to nominally DKK 1,935,400.75 divided into shares of DKK 0.05. Each share of DKK 0.05 gives one vote at the general meeting, cf. section 7.3 of the articles of association.

The right to attend and vote at the annual general meeting on 24 April 2024 belongs to shareholders who, on the registration date, Wednesday 17 April 2023, are listed as a shareholder in the register of shareholders, cf. section 7.1 of the Articles of Association.

Additional information

The notice including an overview of the total number of shares and voting rights on the date of the notice and the form to be used for proxy voting, will be available on the Company's website www.ledibond.com (Investor) from 2 April 2024.

2 April 2024

The Board of Directors