Report from the Extraordinary General Meeting of Quartiers Properties AB (publ), 20 July 2023

At the Extraordinary General Meeting of Quartiers Properties AB (publ) (the "Company"), held today on 20 July 2023, the following resolutions were passed with the required majority.

Profit distribution to preference shares

The Meeting resolved, in accordance with the Board's proposal, on a dividend (extra dividend) to preference shares with SEK 0.72 per preference share, which means a total dividend of SEK 4,874,304.96 on the preference shares. Payment of the dividend amount per preference share will, in accordance with the Company's articles of association, be made quarterly with an amount of SEK 0.24 per payment date. 30 September 2023, 30 December 2023 and 31 March 2024 (or the next preceding banking day, in accordance with the Company's articles of association) were established as record dates, prior to the next annual general meeting, for the quarterly dividends. Payment of the dividend amount per preference share is expected to take place on the third weekday after the respective record date and is carried out by Euroclear Sweden AB.

For more detailed information on the content of the resolutions, please refer to the notice that is available on the Company's website, https://quartiersproperties.com/for-investerare.  

For additional information, please contact:

Marcus Johansson Prakt, CEO, Quartiers Properties AB (publ)

marcus.prakt@quartiersproperties.se

+ 46 72-018 5998

About Quartiers Properties AB (publ)

Quartiers Properties is a Swedish property development company with a focus on excellent design and quality, and is active on the Spanish Costa del Sol. The company was founded in 2014 and has since built up a portfolio of investment properties and project properties. The company develops, sells, and rents out properties.

Quartiers Properties owns and manages Boho Club, which is a boutique resort in Marbella’s Golden Mile district with a restaurant and 40 hotel rooms. The project has won awards for its design and architecture, and since its launch in 2019, both the hotel and the restaurant have established themselves as leading venues in Marbella. Visit Boho Club’s website www.bohoclub.com to book a hotel room or reserve a table at the restaurant. The restaurant is open daily, serving breakfast, lunch, and dinner.

Quartiers Marbella Apartments is an apartment complex in Marbella’s neighbouring municipality of Benahavís, where Quartiers runs apartment rental operations. The apartments are perfectly suited as short-term and long-term accommodation and are popular among families, as well as groups visiting Marbella for leisure purposes, fitness holidays or to play golf. Visit our website www.quartiersmarbella.com to book your apartment.

Hacienda Collection is an apartment project in Benahavís just outside Marbella, where Quartiers Properties is selling apartments that are ready for immediate occupancy. The apartments are located in a gated community boasting views of the Mediterranean. These apartments feature a large, open floorplan with big windows, high-end kitchen, separate laundry room and 2–3 bedrooms. The spacious terraces offer plenty of scope for spending time with family and friends. Visit the website for further information and to book an online or in-person viewing:  www.haciendacollection.es.

Mangold is the company’s Certified Adviser. Mangold can be contacted on +46 (0)8 503 015 50 or by emailing ca@mangold.se.