Annual General Meeting

Notice of Annual General Meeting of Olateb AB (publ.) ’

Shareholder in Olateb AB (publ.) Org no. 559245-2931 is called to the Annual General Meeting on 22 June 2022 at 10.00 at Convendum, Vasagatan 16, 4th floor. 111 20 Stockholm.

Registration for the company must be made no later than June 15, 2022. More information is available on the company’s website www.betalo.com/bolagsstamma

Attendance at the meeting

Shareholders who wish to participate in the meeting must:

be entered in the share register kept by Kapclear on the record date on Wednesday, June 15, 2022.
and register their participation with the Company no later than Wednesday, June 15, 2022.

Registration can be made in writing to Olateb AB (publ), Att: Annual General Meeting, Convendum, Vasagatan 16, 4th floor. 111 20 Stockholm or by e-mail anton@betalo.se no later than 15 June 2022.

When registering, the shareholder’s name, personal or organization number, address, telephone number and number of possible assistants (maximum two), as well as, where applicable, information on deputies or representatives (see further below).

Shareholders who have their shares nominee-registered must, in addition to registering to participate in the meeting, temporarily have the shares re-registered in their own name (so-called voting rights registration) in Kapclear’s share register in order to be entitled to participate in the meeting. Such registration may be temporary and is requested from the nominee, in accordance with the nominee’s routines, at such time in advance as the nominee determines. Voting rights registrations made by the nominee no later than 15 June 2022 will be taken into account in the presentation of the share register.

Shareholders who participate through proxies or deputies should send the authorization documents (power of attorney and / or registration certificate) well in advance of the Annual General Meeting to the Company at the above address. The Company provides a power of attorney form and this is available on the Company’s website, www.betalo.com/bolagsstamma

Proposed agenda

Election of chairman
Establishment and approval of the ballot paper
Selection of one or two adjusters
Examination of whether the meeting has been duly convened
Approval of Agenda
Presentation of the annual report and the auditor’s report
Resolution on a) Determination of results and balance sheet b) Disposition regarding the company’s profit or loss according to the approved balance sheet c) Discharge of liability for board members and the CEO
Determination of fees to the board and auditors
Election to the Board and auditors
Resolution on the Board’s proposal to amend the Articles of Association, complete
documents are available on the company’s website www.betalo.com/bolagsstamma

Closing of the meeting

MOTION FOR A RESOLUTION

Item 8 – Determination of fees to the Board and auditors

Information on fees is available on the Company’s website two weeks before the adjourned meeting www.betalo.com/bolagsstamma

Item 9 – Election to the Board and auditors

The Board’s proposal for Board members is available on the Company’s website two weeks before the adjourned meeting www.betalo.com/bolagsstamma

The re-election of the auditing company Grant Thornton is proposed as auditor until the end of the 2023 Annual General Meeting. Grant Thornton has announced that the authorized public accountant Olof Nordgaard will be the principal auditor, provided that re-election takes place.

Item 10 – THE BOARD OF DIRECTORS ’PROPOSAL FOR A RESOLUTION TO AMEND THE ARTICLES OF ASSOCIATION.

In order to change § 1 Company name to the company’s brand name, which has now been taken over from previous owners, the Board proposes that the Annual General Meeting resolves on the following amendment to the Articles of Association.

Current wording:

1 Company name
The company’s company name is Olateb AB (publ). The company is public.

 

Suggested wording:

1 Company name
The limited company’s company name is Betalo AB (publ). The company is public.

In order to correct § 3 Operations so that it legally reflects the company’s operations, the Board proposes that the Annual General Meeting resolves on the following amendment to the Articles of Association.

 

Current wording:

3 Activities
The limited liability company’s operations shall be to own and manage shares in other companies and operations compatible therewith.

 

Suggested wording:

3 Activities
The limited company’s operations shall be to conduct operations as a payment institution and operations compatible therewith.

 

Authorization for the board

The Board, or the person appointed by the Board, shall have the right to make the minor adjustments to the above decisions that may prove necessary in connection with registration with the Swedish Companies Registration Office.

Majority rules

Resolutions under this item 10 presuppose for their validity that it is supported by shareholders with at least two thirds of both the votes cast and the shares represented at the meeting.

The adjusted Articles of Association in their new wording appear in the notice available on the company’s website www.betalo.com/bolagsstamma

Actions

The Board’s proposals and other documents that must be available in accordance with the Swedish Companies Act and the Swedish Code of Corporate Governance are kept available at the Company, at Convendum, Vasagatan 16, 4th floor. 111 20 Stockholm and on the Company’s website www.betalo.com/bolagsstamma two weeks before the meeting. The documents are sent to those shareholders who specifically request it and state their postal or e-mail address. The Annual General Meeting share register will be kept available at the Company at the above address.

Shareholders’ right to receive information

The Board of Directors and the President shall, if any shareholder so requests and the Board considers that this can be done without significant damage to the Company, provide information on circumstances that may affect the assessment of a matter on the agenda, and circumstances that may affect the assessment of the Company financial situation.

Stockholm in May 2022

Olateb AB (publ)

The board