Notice of convening the Annual General Meeting of Corem Property Group AB (publ)

Shareholders of Corem Property Group AB (publ), Reg. No. 556463-9440, are hereby notified of the Annual General Meeting to be held on Friday 28 April 2023 at 11.00 am, Kista Gate, Torshamnsgatan 48, Kista. Registration commences at 10.00 am.

The Board of Directors has decided that the shareholders before the Annual General Meeting shall be able to exercise their voting rights by postal voting in accordance with the Swedish Companies Act (2005:551), Chapter 7, Section 4 a, and the company’s articles of association. Shareholders can hereby choose to exercise their voting rights at the Annual General Meeting by postal voting, in person or by proxy.

Notification etc.

Attending the meeting venue in person

Shareholders who wish to attend in the meeting venue in person or by proxy must

be registered as a shareholder in the share register kept by Euroclear Sweden AB by Thursday 20 April, 2023; and

give notice of participation in the Annual General Meeting to the company no later than Monday 24 April, 2023.

The notice of participation can be made through Corem’s website, www.corem.se, by post to address Corem Property Group AB, c/o Euroclear Sweden AB, Box 191, 101 23 Stockholm, or by phone 08-402 91 33. The notice of participation must state name, address, telephone number, personal ID number or company registration number, and, if applicable, assistants at the Annual General Meeting. 

If a shareholder will be represented by a proxy, a written and dated power of attorney for the proxy must be issued and signed by the shareholder. If the power of attorney is issued by a legal person, a certificate of registration or other corresponding authorisation document, must be enclosed to the power of attorney. In order to facilitate the registration to the Annual General Meeting, the original power of attorney and, when applicable, the certificate of registration, should be submitted to the company in good time in advance to the Annual General Meeting to the address set forth above. A form of proxy is available on the company’s website, www.corem.se.

Participation by postal voting

A shareholder who wishes to participate in the Annual General Meeting by postal voting must

be registered as a shareholder in the share register kept by Euroclear Sweden AB by Thursday 20 April, 2023; and

give notice of participation in the Annual General Meeting in accordance with the instructions below, so that the postal vote is received by Euroclear Sweden AB no later than Monday 24 April, 2023.

A special form shall be used for postal voting. The form is available on Corem’s website, www.corem.se. The completed and signed form may be sent by post to Corem Property Group AB, c/o Euroclear Sweden AB, Box 191, 101 23 Stockholm, or by e-mail to GeneralMeetingService@euroclear.com. The completed and signed form must be received by Euroclear Sweden AB no later than Monday 24 April, 2023. Shareholders may also submit their postal vote electronically through verification with BankID via Euroclear Sweden AB’s website https://anmalan.vpc.se/EuroclearProxy/.

Shareholders may not provide special instructions or conditions in the postal vote. If so, the postal vote, in its entirety, is invalid. Further instructions and conditions are included in the postal voting form.

If a shareholder votes by post by proxy, a written and dated power of attorney signed by the shareholder shall be enclosed to the postal voting form. A form of proxy is available on Corem’s website, www.corem.se. If the shareholder is a legal person, a certificate of registration or other corresponding authorisation document shall be enclosed to the form.

A person who wishes to attend the meeting venue in person or by proxy must give notice in accordance with the instructions stated under Attending the meeting venue in person above. Hence, a notice of participation only through postal voting is not sufficient for a person who wishes to attend the meeting venue in person.

Nominee-registered shares

In order to be entitled to participate in the Annual General Meeting, a shareholder whose shares are registered in the name of a nominee must, in addition to giving notice of participation, register its shares in its own name so that the shareholder is registered as a shareholder in the share register kept by Euroclear Sweden AB by Thursday 20 April, 2023. Such registration may be temporary (so-called voting rights registration), and request for such voting rights registration shall be made to the nominee, in accordance with the nominee’s routines, at such time as decided by the nominee. Voting rights registrations that have been made no later than Monday 24 April, 2023, will be taken into account in the presentation of the share register.

Proposed agenda

1. Opening of the meeting.
2. Election of a chairperson of the meeting.
3. Preparation and approval of a voting register.
4. Approval of the agenda.
5. Election of one or two persons to verify the minutes.
6. Determination of whether the meeting has been duly convened.
7. Presentation of the annual report, sustainability report and the audit report, the consolidated financial statements and consolidated audit report for the group as well as the auditor’s statement on whether the guidelines for remuneration to senior executives have been followed.

In connection thereto, presentation by the CEO.

8. Resolution regarding:
   1. adoption of the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet,
   2. allocation of the company’s profit in accordance with the adopted balance sheet,
   3. discharge from liability for the members of the Board of Directors and CEO, and
   4. record days, if the Annual General Meeting resolves on distribution of dividends.
9. Determination of the number of members of the Board of Directors, as well as auditors and deputy auditors.
10. Determination of remuneration for the Board of Directors and auditor or auditors.
11. Election of Board of Directors and chairperson of the Board of Directors as well as auditor or auditors.
12. Resolution regarding approval of the remuneration report.
13. Resolution on guidelines for remuneration to senior executives.
14. Resolution regarding authorisation for the Board of Directors to resolve on new issues.  
15. Resolution regarding authorisation for the Board of Directors to resolve on acquisitions and transfers of the company’s own shares.
16. Resolution regarding authorisation for the Board of Directors to make minor adjustments of the resolutions.
17. Closing of the meeting.

Proposals for resolution

Chairperson of the meeting, item 2

Corem’s Nomination Committee for the 2023 Annual General Meeting consists of Rutger Arnhult (appointed by M2 Asset Management-group as well as chairperson of the Nomination Committee), Lars Höckenström (appointed by Gårdarike-group), Frank Larsson (appointed by Handelsbanken Fonder AB), Johannes Wingborg (appointed by Länsförsäkringar Fondförvaltning AB (publ)) and Patrik Essehorn (chairperson of the Board of Directors).

The Nomination Committee proposes that Patrik Essehorn is elected as chairperson of the Annual General Meeting.

Allocation of the company’s profits, items 8 b) and d)

The Board of Directors proposes that the Annual General Meeting resolves on a dividend to the shareholders, for the 2022 financial year, of SEK 0.40 per ordinary share of Class A, SEK 0.40 per ordinary share of Class B, SEK 20.00 per ordinary share of Class D and SEK 20.00 per preference share.

The dividend amount of SEK 0.40 in total per ordinary share of Class A shall be distributed in four equal instalments of SEK 0.10 each. The dividend amount of SEK 0.40 in total per ordinary share of Class B shall be distributed in four equal instalments of SEK 0.10 each. The dividend amount of SEK 20.00 in total per ordinary share of Class D shall be distributed in four equal instalments of SEK 5.00 each. The dividend amount of SEK 20.00 in total per preference share shall be distributed in four equal instalments of SEK 5.00 each.

It is proposed that the record days for payment of dividends on ordinary shares and preference shares shall be;

1. Friday 30 June, 2023, with expected payment date being Wednesday 5 July, 2023,
2. Friday 29 September, 2023, with expected payment date being Wednesday 4 October, 2023,
3. Friday 29 December, 2023, with expected payment date being Thursday 4 January, 2024,

and

4. Thursday 28 March, 2024, with expected payment date being Thursday 4 April, 2024.

The Board of Directors proposes that the remaining profits shall be carried forward, of which a portion may be used for distribution of dividends for additional ordinary shares and preference shares as stated below.

The Board of Directors proposes that the Annual General Meeting resolves that all new ordinary shares and preference shares that may be issued by the Board of Directors pursuant to the authorisation in accordance with item 14 below, shall entitle to receive dividends from such date the shares have been registered in the share register kept by Euroclear Sweden AB. This means that the first right to dividends of SEK 0.10 per ordinary share of Class A and Class B respectively shall be on the first record day set out above that follows after registration in the share register, and that the first right to dividends of SEK 5.00 per ordinary share of Class D and preference share respectively shall be on the first record day set out above that follows after registration in the share register.

Determination of the number of members of the Board of Directors and auditors, determination of remuneration and election of the Board of Directors, chairperson of the Board of Directors and auditor, items 9-11

The Nomination Committee proposes that the number of directors in the Board of Directors shall increase from six to seven directors. The Nomination Committee proposes, for the period until the end of the next Annual General Meeting, re-election of Patrik Essehorn, Christina Tillman, Fredrik Rapp, Katarina Klingspor, Magnus Uggla and Christian Roos shall as directors, and new election of Rutger Arnhult as director. The Nomination Committee proposes that Patrik Essehorn shall be re-elected as chairperson of the Board of Directors.

Rutger Arnhult, born in 1967, holds a master’s degree in economics from Lund University and has extensive experience and expertise within the real estate industry. Rutger Arnhult is currently chairperson of the Board of Directors of M2 Asset Management AB (publ) and member of the Board of Directors of Kamelia Samhällsfastigheter AB and Vernum Fastigheter AB (publ). Previously, Rutger Arnhult has, among other things, been CEO and chairperson of the Board of Directors in Castellum Aktiebolag (publ), member of the Board of Directors of Corem Property Group AB (publ), as well as CEO and member of the Board of Directors of Klövern AB (publ) (current Corem Kelly AB (publ)).

Further information about all directors proposed for re-election and new election is available on the company’s website, www.corem.se.

The Board of Directors has resolved to allow the entire Board of Directors to fulfil the tasks imposed on an audit committee. The Board of Directors has recommended that the number of auditors in the company shall continue to be one auditor without a deputy auditor. The Board of Directors further recommends re-election of the company’s current auditor Ernst & Young Aktiebolag. The Nomination Committee has decided to follow the recommendation of the Board of Directors and proposes that the number of auditors shall remain unchanged with one auditor without a deputy auditor and proposes re-election of the registered public accounting firm Ernst & Young Aktiebolag until the end of the next Annual General Meeting. Ernst & Young Aktiebolag has notified that in the event of them being elected, the authorised public accountant Katrine Söderberg will continue as the main responsible auditor.

The Nomination Committee proposes that the Annual General Meeting resolves that remuneration to the members of the Board of Directors shall be paid and allocated in accordance with the following. The proposal entails an increase of the remuneration to each individual director in relation to the remuneration that was resolved on the 2022 Annual General Meeting. The resolved remuneration for 2022 is shown within brackets.

    Chairperson of the Board of Directors: SEK 560,000 (SEK 550,000)

    Director of the Board of Directors: SEK 305,000 (SEK 300,000)

The Nomination Committee further proposes that the Annual General Meeting resolves, in the event that the Board of Directors considers that there is a need for a Finance and Audit Committee and thus revolves to establish such a committee, that the chairperson of the Finance and Audit Committee shall receive an additional remuneration of SEK 75,000, and that the other members of the committee shall receive an additional renumeration of SEK 50,000.

The Nomination Committee proposes that the auditor’s fee shall be paid on an ongoing basis as per approved accounts.

Remuneration report, item 12

The Board of Directors proposes that the Annual General Meeting resolves to approve the Board of Directors’ remuneration report in accordance with Chapter 8, Section 53 a of the Swedish Companies Act.

Guidelines for remuneration to senior executives, item 13

The Board of Directors proposes that the Annual General Meeting resolves on the following guidelines for salary and other remunerations to the company’s senior executives, to be valid until the 2027 Annual General Meeting, at the latest.

Senior executives include the CEO and other members of the group management. The guidelines shall apply to remunerations agreed, and changes made to already agreed renumerations, after the adoption of the guidelines by the 2023 Annual General Meeting. The guidelines do not cover remunerations resolved by the General Meeting, including long-term share-based incentive programs.

The guidelines’ promotion of Corem’s business strategy, long-term interest, and sustainability

An overall objective of Corem’s operations is to create good development of shareholder value over time, which shall be achieved by implementing Corem’s business strategy. A successful implementation of the company’s business strategy and the safeguarding of the company’s long-term interest, including its sustainability, requires that the company can recruit and retain qualified employees. Corem shall therefore have the remuneration levels and terms of employment required to recruit and retain senior executives with good competence and capacity to achieve set objectives targets, implement the business strategy and safeguard the long-term interests of the company, including its sustainability work. Marketability and competitiveness shall be the overall principles for the remuneration of the senior executives, which these guidelines enable. 

For more information about Corem’s business strategy, see Corem’s website, www.corem.se.

The forms of remuneration

The remuneration of the senior executives shall be market-based and competitive, and consist of a fixed cash salary, eventual variable cash remuneration, pension benefits and other benefits. The General Meeting may additionally – and independently of these guidelines – resolve on, for example, share and share price related remunerations.

Fixed cash salary 

All senior executives shall be offered a fixed cash salary, which shall be based on market conditions and determined with regard to the importance of the work assignment and the senior executive’s experience, competence, responsibilities and performance. Fixed cash salary is, as a general rule, revised annually. Senior executives do not receive remuneration for Board assignments in the company or its subsidiaries.

Variable cash remuneration

In addition to fixed cash salary, variable cash remunerations, that rewards clearly target-related performances in simple and transparent constructions, can be offered. The variable cash remunerations shall be linked to predetermined and measurable criteria which shall be structured to promote the company’s business strategy and long-term interests, including sustainability. The criteria shall be established annually by the Board of Directors. Variable cash remuneration shall be based on outcomes in relation to established targets, both in relation to the company’s results and in relation to individual performances. Since the targets links the remuneration of senior executives to the company’s performance and sustainability, they promote the implementation of the company’s business strategy, long-term interest, and competitiveness. Fulfilment of the criteria for payment of variable cash remuneration shall be measurable over a period of one year.

At the end of the measurement period for the fulfilment of the criteria for payment of variable cash remuneration, the extent to which the criteria have been fulfilled shall be assessed and determined. As regards financial targets, the assessment shall be based on the most recent financial information published by the company. At the annual review, the Board of Directors may adjust the targets and/or remuneration for both positive and negative extraordinary events, reorganizations, and structural changes. For the CEO, variable cash remuneration may consist of an amount corresponding to a maximum of six (6) ordinary monthly salaries. For the other senior executives, variable cash remuneration may consist of an amount corresponding to a maximum of three (3) ordinary monthly salaries. Variable cash remuneration is paid in a non-pensionable cash salary. The Remuneration Committee is responsible for preparing the issue of variable cash remuneration outcomes for subsequent resolutions by the Board of Directors.

Additional variable cash remuneration may be paid in extraordinary circumstances, provided that such extraordinary arrangements are limited in time and are only made on an individual basis either for the purpose of recruitment or retention of senior executives, or as remuneration for extraordinary work efforts in addition to the person’s ordinary work assignments. Such remuneration may not exceed an amount corresponding to three (3) ordinary monthly salaries and shall not be paid more than once a year per individual. Resolutions on such remuneration shall be made by the Board of Directors after preparation by the Remuneration Committee. The Board of Directors shall have the opportunity, in accordance with law or any agreement and with the limitations that may result therefrom, to reclaim, in full or in part, variable remuneration paid on incorrect grounds.

Pension benefits

Senior executives shall be entitled to pension benefits consisting of retirement pension and premium exemption, that shall be premium defined, and health insurance, that shall be benefit defined. Variable cash remuneration shall not be pensioning qualifying income, unless required by mandatory collective agreement provisions applicable for the senior executive at the time of payment. The pension benefits for senior executives shall not exceed 35 per cent of the fixed annual cash salary, including payment for vacation. The pensionable age is 65 years respectively 67 years.

Other benefits

Other benefits for senior executives may include, among other things, health insurance and company car. Premiums and other costs related to such benefits may not exceed ten (10) per cent of the total fixed annual cash salary for the senior executive. Corem also has a profit-sharing foundation that covers all employees. The allocation to the profit-sharing foundation can amount to a maximum of one price base amount per year per employee, and is based on a combination of, among other things, the company’s return requirements and dividends to the shareholders.

Termination of employment and severance pay

The notice period shall, upon termination by the company, not exceed fifteen (15) months. In case of termination by the company, the fixed cash salary during the notice period and severance pay may not exceed an amount corresponding to the fixed cash salary for two (2) years. In the event of termination by the senior executive, the notice period shall be a maximum of nine (9) months, without entitlement to severance pay.

Renumeration to members of the Board of Directors in addition to Board fee’s

To the extent that a non-employee Board member elected by the General Meeting performs work on behalf of Corem, in addition to the Board work, renumeration for such work may be paid. The Board of Directors shall decide how remuneration for such work shall be paid.  

Salary and employment conditions for employees

In the preparation of the Board of Directors’ proposal for these remuneration guidelines, the salary, and employment conditions for Corem’s other employees have been taken into account by including information on the employees’ total remuneration, the components of the remuneration and the increase and growth rate over time have been part of the Remuneration Committee’s and the Board of Directors basis for resolutions when evaluating whether the guidelines and the limitations set out herein are reasonable.

Preparation and resolution-making process

According to the Swedish Corporate Governance Code, the Board of Directors shall establish a Remuneration Committee which, in relation to the Board of Directors, shall have a preparatory function regarding remuneration principles, remunerations, and other conditions of employment for senior executives.  The Remuneration Committee in Corem consists of all members of the Board of Directors. The Renumeration Committee shall prepare the Board of Director’s resolutions on proposals for guidelines for renumeration to senior executives, renumerations, and other terms of employment for this group, and evaluate the application of the guidelines adopted by the Annual General Meeting. The Board of Directors shall prepare proposals for new guidelines at least every four years and present the proposals for resolution at the Annual General Meeting. The guidelines shall apply until new guidelines are adopted by the General Meeting. If there is need for significant changes to the guidelines, the Board of Directors shall prepare a proposal for new guidelines. 

The Renumeration Committee shall also, within the framework of the guidelines adopted by the Annual General Meeting, prepare proposals regarding renumeration to the CEO and other senior executives. Furthermore, the Renumeration Committee shall monitor and evaluate ongoing and completed programs för variable renumeration to senior executives and current remuneration structures and renumeration levels in Corem. In the Remuneration Committee's and the Board of Directors' consideration of and resolutions on remuneration-related matters, the CEO or other senior executives who are members of the group management shall not attend, to the extent that they are affected by the issues. 

Exemption of the guidelines

The Board of Directors may resolve to temporarily deviate from the guidelines in full or in part, if in an individual case there are special reasons for it and a deviation is necessary to meet Corem’s long-term interests, including its sustainability work, or to ensure the company's financial viability. As stated above, the Remuneration Committee's assignments include preparing the Board of Directors' resolutions in remuneration matters, which including resolutions on deviations from the guidelines.

Description of significant changes to the guidelines and how shareholders' comments have been taken into account

In relation to the current remuneration guidelines, the proposal means that the guidelines cover the CEO and other members of the group management, instead of covering the CEO, the Property Manager, the CFO, the Business and Project Development Manager and the Marketing and Leasing Manager, that the resolution procedure for variable cash remuneration is clarified, and that the Board of Directors resolves on how renumeration to non-employee members of the Board of Directors elected by the General Meeting shall be paid. Pension premiums under the current guidelines are limited to 30 per cent of the fixed annual cash salary, including payment for vacation. The proposal entails that the limitation of the pension premiums is changed to a limitation of 35 per cent of the fixed annual cash salary, including payment for vacation. Other changes to the guidelines are editorial. The Board of Directors has not received any comments from shareholders on the existing guidelines for remuneration to senior executives.

Authorisation for the Board of Directors to resolve on new issues, item 14

The Board of Directors proposes that the Annual General Meeting resolves to authorise the Board of
Directors to, on one or more occasions, during the period until the next Annual General Meeting, decide on new issues of ordinary shares of Class A, and/or Class B, and/or Class D, and/or preference shares, with or without deviation from the shareholders’ preferential rights.

The number of shares issued pursuant to the authorisation may correspond to an increase in the share capital of no more than ten (10) per cent, based on the total share capital of the company at the time of the 2023 Annual General Meeting. The number of ordinary shares of Class A that may be issued pursuant to the authorisation may not amount to more than ten (10) per cent of the share capital consisting of ordinary shares of Class A at the time of the 2023 Annual General Meeting, the number of ordinary shares of Class B that may be issued pursuant to the authorisation may not amount to more than ten (10) per cent of the share capital consisting of ordinary shares of Class B at the time of the 2023 Annual General Meeting, the number of ordinary shares of Class D that may be issued pursuant to the authorisation may not amount to more than ten (10) per cent of the share capital consisting of ordinary shares of Class D at the time of the 2023 Annual General Meeting, and the number of preference shares that may be issued pursuant to the authorisation may not amount to more than ten (10) per cent of the share capital consisting of preference shares at the time of the 2023 Annual General Meeting.

The shares may be subscribed for in cash, by payment in kind, by set-off or on terms that follow from Chapter 2, Section 5 of the Swedish Companies Act.

The purpose of the Board of Directors' proposal is to (i) enable the company to completely or partially finance any future real property investments and/or acquisitions of real property companies by issuing new shares as payment in connection with agreements on acquisition, alternatively to raise capital for such investments and/or acquisitions; and/or (ii) enable the company to strengthen its financial position and/or create a larger liquidity buffer for financing commitments. New issues pursuant to the authorisation with deviation from the shareholders’ preferential rights shall be made at a market-based subscription price. However, new issues of preference shares and/or ordinary shares of Class B and/or ordinary shares of Class D with deviation from the shareholders’ preferential rights that is subscribed for in cash may receive a market-based issue discount. In the event of a rights issue, a market-based issue discount shall be given.

Authorisation for the Board of Directors to resolve on acquisitions and transfers of the company’s own shares, item 15

The Board of Directors proposes that the Annual General Meeting resolves to authorise the Board of Directors to, until the next Annual General Meeting, decide on acquisition and transfer of the company’s own shares as follows.

Acquisitions may be made of a maximum of so many of own ordinary shares of Class A, Class B and Class D respectively, as well as preference shares so that the company group’s total shareholding of its own ordinary shares of Class A, Class B and Class D respectively, as well as preference shares after acquisitions amounts to no more than ten (10) per cent of all registered shares in the company. Acquisitions may take place through trading on the regulated marketplace Nasdaq Stockholm or another regulated marketplace. Payment for the acquired shares shall be made in cash.

Transfers may be made of all shares held by the company at the time of the Board of Directors’ decision, by trading on Nasdaq Stockholm or another regulated marketplace or otherwise, with or without with deviation from the shareholders’ preferential rights. Payment for transferred shares shall be made in cash, in kind, by set-off of claim against the company or otherwise in accordance with Chapter 2, Section 5 of the Swedish Companies Act. 

Acquisitions and transfers may take place on one or more occasions during the period until the next Annual General Meeting, at a price that is within the stock exchange price range registered at any given time. In the event of a transfer other than on Nasdaq Stockholm, the price shall be determined so that it does not fall short of what is considered market-based, however, a market-based discount in relation to the share price may be applied.

The Board of Directors’ proposal for authorisation is intended to provide the Board of Directors with greater possibility to adapt the capital structure of the company in line with its capital requirements from time to time, and thus be able to contribute to an increased shareholder value. Furthermore, the authorisation is intended to enable the Board of Directors to transfer shares in relation to the financing of any property or company acquisitions through payment with the company's own shares, and to enable acquisition of working capital, or expanding the ownership circle. The purpose of the authorisation does not allow the company to trade with its own shares for short-term profits.

The number of repurchased shares in the company as of the day of the announcement of the notice to the Annual General Meeting amounts to 2,913,825 ordinary shares of Class A, 35,691,000 ordinary shares of Class B and 42,000 ordinary shares of Class D, corresponding to approximately 3.11 per cent of all registered ordinary shares of Class A in the company, approximately 3.49 per cent of all registered ordinary shares of Class B in the company, and approximately 0.56 per cent of all registered ordinary shares of Class D in the company, which corresponds to approximately 3.40 per cent of the total number of registered shares in the company.

Authorisation for the Board of Directors to make minor adjustments of the resolutions, item 16

The Board of Directors proposes that the Annual General Meeting authorises the Board of Directors, the CEO, or the person otherwise designated by the Board of Directors, to undertake such minor adjustments and clarifications of the resolutions adopted at the Annual General Meeting, to the extent required for registration of the resolutions.

Number of shares and votes

At the date of this notice, the company has a total of 1,137,283,281 shares, of which 93,730,797 are ordinary shares of Class A with one vote per share, 1,023,591,380 are ordinary shares of Class B which have one-tenth of a vote per share, 7,545,809 are ordinary shares of Class D which have one-tenth of a vote per share and 12,415,295 are preference shares which have one-tenth of a vote per share. The total number of votes amounts to 198,086,045.4.

2,913,825 ordinary shares of Class A, 35,691,000 ordinary shares of Class B and 42,000 ordinary shares of Class D, corresponding to a total of 6,487,125 votes, are repurchased by the company as of the date of this notice and cannot be represented at the Annual General Meeting.

Shareholder’s right to receive information

Shareholders are reminded of their right to receive information from the Board of Directors and the CEO at the Annual General Meeting regarding circumstances that may affect the assessment of an item on the agenda, the company's or its subsidiaries' financial position and the company's relation to other companies within the group in accordance with Chapter 7, Section 32 of the Swedish Companies Act. The Board of Directors and the CEO shall provide such information at the Annual General Meeting, provided that they consider that it may be done without significant harm to the company.

Majority requirements

The resolutions of the Annual General Meeting in accordance with items 14 and 15 are valid only if such resolution is approved by shareholders holding at least two-thirds of both the votes cast and the shares represented at the Annual General Meeting.

Documentation

The Nomination Committee's complete proposals for resolutions, reasoned opinion, and information about proposed directors and auditors are available at Corem Property Group AB at the company’s head office at Riddargatan 13 C in Stockholm, and at the company’s website, www.corem.se.

The annual report, the auditor’s report, the consolidated financial statements, consolidated audit report for the group, the Board of Directors’ complete proposals to resolutions with related reasoned opinions according to Chapter 18, Section 4 and Chapter 19, Section 22 of the Swedish Companies Act, the Board of Directors’ remuneration report and the auditor’s statement according to Chapter 8, Section 54 of the Swedish Companies Act will be held available at the company’s head office and website no later than three (3) weeks prior to the Annual General Meeting. The documents will also be sent to shareholders that request it and states its postal address or e-mail.

Processing of personal data

For information on how your personal data is processed in connection with the Annual General Meeting, see https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

Stockholm in March 2023

Corem Property Group AB (publ)

The Board of Directors


FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 10 482 76 50, eva.landen@corem.se

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.

Corem Property Group is a real estate company that in a sustainable way owns, manages and develops commercial properties in urban and growth areas. Corem Property Group is listed on Nasdaq Stockholm, Large Cap.