Abelco Investment : Notice to annual general meeting in Abelco Investment Group AB 30-05-2022

N.B. This English text is an unofficial translation of the Swedish original of the notice to attend the annual general meeting in Abelco Investment Group AB and in case of any discrepancies between the Swedish text and this English translation, the Swedish text shall prevail.

Notice to annual general meeting in Abelco Investment Group AB

The shareholders in Abelco Investment Group AB, reg.no 556775-2745 (the "Company") are hereby summoned to the annual general meeting on Monday, 30 May 2022 at 10.00, at Eversheds Sutherland's offices at Strandvägen 1, Stockholm.

A. Right to attend the meeting etc.

Shareholders who wish to attend the general meeting must:

• • be registered in the share register held by Euroclear Sweden AB at the record date on 19 May 2022; and

• • notify their attendance to the Company no later than 23 May 2022. The notification must be made by e-mail toinfo@abelco.se or by mail to Abelco Investment Group AB, "AGM 2022", Nybrogatan 6, 114 34 Stockholm.

The notification must include name/company name, personal identity number/ corporate registration number, address, telephone number and, where applicable, information on counsel and/or deputy. If the shareholder intends to bring one or two advisors to the general meeting, such participation must be notified. To the notification must also complete authorization documents such as certificate of registration or similar, be appended, where applicable, for instance regarding legal entities.

Information about postal voting

The Company has decided, pursuant to the Act (2022:121) on temporary exemptions to facilitate the holding of general meetings of shareholders and associations, that shareholders may exercise their voting rights by post prior to the meeting.

Forms for postal voting will be made available on the Company's websitewww.abelco.seat least three weeks before the annual general meeting. The original of the completed and signed form should be sent to the above address. The completed form must be received by the Company no later than 23 May 2022, preferably before 15.00. Further instructions can be found in the form.

Please note that registration of shares in your own name (if the shares are nominee-registered) and notification of the meeting must have been made as described below even if the shareholder chooses to vote by post before the meeting.

Nominee-registered shares

Shareholders who have nominee-registered their shares must temporarily re-register their shares in their own name to be entitled to attend the general meeting. Such registration, which normally takes a few days, should be completed no later than 23 May 2022 for the registration to be reflected in the share register, and trustees should therefore be advised of this in good time in advance.

Counsel etc.

Shareholders who are represented by counsel must issue a written, signed by the shareholder, and dated proxy for the counsel. If a validity period is specified, the validity period of the proxy may not exceed five years. If no validity period is specified, the proxy is valid for not more than one year. If the proxy is issued by a legal entity, a copy of the certificate of registration or corresponding for that legal entity should be appended. The original proxy and any certificate ofregistration should be sent in due time before the general meeting per mail to the Company at the above-stated address. A proxy form is available at the Company's websitewww.abelco.se..

Personal information

Personal data obtained through the notification, counsel or the share register kept by Euroclear will only be used for the necessary registration and preparation of the voting list for the general meeting. For information on the processing of personal data, see Euroclear's privacy policy available athttps://www.euroclear.com/sweden/sv/regelverk-Euroclear-Sweden/GDPR.html

Information on measures in relation to the coronavirus

As a precaution to reduce the dissemination of the coronavirus, the Company has decided that no refreshments will be served at the general meeting, that no presentations of portfolio companies will be made, and that customary presentations will be kept at a minimum. Based on the recommendations from the authorities, the Company urges all shareholders to consider the possibility to vote via proxy in lieu of personal attendance. The Company monitors the situation closely and will update the information, as required.

B. Proposal for agenda

1.

Opening of the general meeting

2.

Election of chairman of the meeting

3.

Preparation and approval of the voting register

4.

Election of one or two person(s) to attest the minutes

5.

Determination of whether the general meeting has been duly convened

6.

Approval of the agenda

7.

Presentation of the annual accounts and the audit report

8.

Resolution on:

(a) Adoption of income statement and balance sheet for the company and the group;

(b)

Allocations regarding the Company's profit or loss in accordance with the adopted balance sheet;

(c) Discharge of liability for board of directors and managing director.

9.

Resolution on board of director fees and auditor fees

• 10. Election of board of directors and auditor

• 11. Resolution to amend the articles of association

• 12. Resolution on authorisation for the board of directors to resolve on new issue of shares, warrants and/or convertibles

• 13. Resolution to authorise the board of directors to undertake minor adjustments of the resolutions

• 14. Closing of the meeting

Proposal for resolution

Item 2 - Election of chairman of the meeting

The board of directors proposes that attorney Gabriel Albemark (Eversheds Sutherland) be elected chairman of the meeting

Item 3 - Preparation and approval of the voting register

The proposed voting list is the voting list that will have been drawn up on the basis of the shareholders present, the register of shareholders and the postal votes received and that has been checked and approved by the adjusters.

Item 4 - Election of one or two person(s) to attest the minutes

The board of directors proposes that Kenneth Arnström or, in his/her absence, the person(s) designated by the board of directors, be appointed to approve the minutes together with the chairman. The duties of the person responsible for the minutes shall also include checking the voting list.

Item 7(b) Allocations regarding the Company's profit or loss in accordance with the adopted balance sheet

The board of directors proposes to allocate the Company's results in accordance with the board of directors' proposal in the annual report. The board of directors further proposes that no dividend is paid for the financial year 2021.

Item 8 - Resolution on board of director fees and auditor fees and fees to audit committee

The board of directors proposes that remuneration be paid to non-employed board of directors with SEK 200,000 (excluding social security contributions) and to the chairman of the board with SEK 300,000 (excluding social security contributions). It is proposed that fees to the auditor be paid with a reasonable amount according to approved invoice. Since the Company only has two employees, the directors of the board are closely involved in the operations of the Company and significantly more than customary for companies listed on NGM Nordic SME. Thus, the proposed remuneration exceeds what may be customary for such companies.

Item 9 - Resolution on board of directors and alternate directors

The general meeting is proposed to resolve that the board of directors shall comprise three directors with no alternate directors.

Item 10 - Election of board of directors and auditor

The general meeting is proposed to re-elect Kenneth Arnström, Liou Nyap Gan and Kin Wai Lau as board of directors for the period until the end of the next annual general meeting.

The general meeting is further proposed to re-elect Patrik Ekenberg (Moore Allegretto) as the Company's auditor for the period until the end of the next annual general meeting.

Item 11 - Resolution to amend the articles of association

New article

§ 10 Postal voting and collection of proxies

The board of directors may decide that the shareholders may exercise their voting rights by mail in accordance with chapter 7 section 4 a of the Companies Act. The board of directors may also collect proxies in accordance with the procedure laid down in chapter 7 section 4 of the Swedish Companies Act.

The above proposal for a new wording of the articles of association also entails a change in the numbering as a result of the introduction of a new article 10.

Resolution on authorisation for the board in accordance with this Item 11 requires for its validity that it is supported by shareholders with at least two-thirds of both the votes cast and the shares represented at the annual general meeting.

Item 12 - Resolution on authorisation for the board of directors to resolve on new issue of shares, warrants and/or convertibles

The board of directors proposes that the general meeting authorizes the Board to resolve, on one or more occasions, during the period and until the end of the next annual general meeting, to increase the Company's share capital through new issue of shares, convertible loan notes, and/or warrants to the extent permitted by the articles of association from time to time.

New issue of shares, as well as issue of warrants and convertible loan notes, shall be able to take place with or without deviation from the shareholders' pre-emption right, against cash payment, for payment in kind, by way of set-off, or on conditions following from Chapter 2, Section 5 of the Swedish Companies Act. According to Chapter 16 of the Swedish Companies Act, this authorization does not authorize the board of directors to resolve on issuances to the Board of Directors and/or employees of the Company.

Resolution on authorisation for the board in accordance with this Item 12 requires for its validity that it is supported by shareholders with at least two-thirds of both the votes cast and the shares represented at the annual general meeting.

Item 13 - Resolution to authorise the board of directors to undertake minor adjustments of the resolutions

It is proposed that the board of directors, or the person appointed by the board of directors, is authorized to make any minor amendments of the resolutions required to register the resolutions.

C. Documents, information and number of shares

The board of directors and the managing director shall, if any shareholder so requests and the board of directors considers that it can be made without material harm for the Company, provide information on circumstances that may affect the assessment of a matter on the agenda.

The complete proposal for resolution and accounting documents as well as the audit report will be made available for shareholders at the Company's office three weeks before the general meeting and will be sent free of charge to the shareholders who request the documents and provide their mail or email address. The documents will also be published at the Company's website and be kept available at the general meeting.

The Company has 1,825,261,557 shares and votes per the date of this notice.

____________________

Stockholm in April 2022

Abelco Investment Group AB

Styrelsen