Announcement from Crown Energy’s Annual General Meeting

The annual general meeting (“AGM”) of Crown Energy AB (publ) (“Crown Energy” or the “Company”) was held today on 1 June 2023 and the following resolutions were passed by the meeting.

Adoption of the income statement and the balance sheet

The AGM resolved to adopt the income statement and the balance sheet in the Company and the consolidated income statement and the consolidated balance sheet.

Allocation of profit

The AGM resolved that no dividend would be paid to the shareholders and that the previously accrued profits, including the share premium account and year result, in total SEK 635,465,424, would be carried forward.

Discharge from liability

The board of directors and CEO were discharged from liability for the financial year 2022.

Election of the board of directors, auditor and remuneration

The AGM resolved that the board of directors shall comprise four directors and no deputy directors. The AGM resolved that the number of auditors shall be one registered audit firm.

It was further resolved that the remuneration to each of the non-employed directors, shall comprise an amount of SEK 450,000 to the chairman of the board and to an amount of SEK 225,000 to the other directors, in total SEK 675,000, and remuneration to the auditor shall be paid in accordance with approved invoices.

Jean Benaim, Yoav Ben Eli, Alan Simonian and Pierre-Emmanuel Weil were re-elected as directors of the board. Pierre-Emmanuel Weil was re-elected as the chairman of the board.

Öhrlings PricewaterhouseCoopers AB was re-elected as the Company auditor. Öhrlings PricewaterhouseCoopers AB has announced that Martin Johansson will be main responsible auditor.

MORE INFORMATION

Please contact Yoav Ben, CEO, Crown Energy AB

+46 8 400 207 20

+46 763 12 97 93

ABOUT CROWN ENERGY

Crown Energy is an international group with a history within customised solutions for housing, offices and associated services, as well as oil and gas exploration. The group is now dedicated to its transformation into the new and more socially and environmentally responsible business direction contributing to a positive change, with a focus on the medical technology industry and on improving our green footprint. For more information, please visit www.crownenergy.se.