Copperstone Resources : Item 1_ 9 and 10 – Nomination committee’s proposals on chairman, remuneration and election of board of directors and auditor

The nomination committee's complete proposals to the annual general meeting in Copperstone Resources AB (publ) on 11 May 2023 (items 1, 9 and 10)

Item 1: Election of chairman of the meeting

The nomination committee proposes that attorney Christoffer Saidac is elected chairman at the annual general meeting on 11 May 2023.

Item 9: Determination of fees payable to the members of the board of directors and the auditor

The nomination committee proposes, for the period until the end of the next annual general meeting, (i) that remuneration of SEK 200,000 shall be paid to each of the members of the board of directors (who is not employed in the company) and that remuneration of SEK 250,000 shall be paid to the deputy chairman of the board of directors, amounting to SEK 1,250,000 in total, and (ii) that the executive chairman of the board of directors (who does not receive remuneration pursuant to item (i) in accordance with the resolution by the extraordinary general meeting on 15 December 2020) shall receive an increased monthly salary to SEK 200,000, plus car benefit consisting of a customary company car and otherwise in accordance with the terms resolved by the extraordinary general meeting on 15 December 2020, as well as (iii) that the remuneration to the auditor shall be paid as per approved invoice.

Item 10: Election of the members of the board of directors and auditor

The nomination committee proposes that, for the period until the end of the next annual general meeting, the annual general meeting resolves that the board of directors shall consist of seven (7) board members, including the chairman of the board.

The nomination committee proposes that, for the period until the end of the next annual general meeting, Sven-Erik Bucht, Jane Lundgren Ericsson, Markus Petäjäniemi (also deputy chairman), Ing-Marie Andersson Drugge, Per Colleen and Lars Seiz shall be re-elected as board members and that Jörgen Olsson shall be reelected as executive chairman of the board. Michael Mattson declines re-election.

The nomination committee proposes that, for the period until the end of the next annual general meeting, Öhrlings PricewaterhouseCoopers AB, with Martin Johansson as auditor in charge, shall be re-elected as auditor in the company.

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Kiruna in April 2023

Copperstone Resources AB (publ)

The Nomination Committee

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