Notice of Annual General Meeting of Genovis AB (publ)

Shareholders of GENOVIS AB (publ) are hereby summoned to the Annual General Meeting (“the Meeting”) to be held on Tuesday, Mach 30, 2010, at 5:00 p.m. at Scheelevägen 22, Lund, Sweden. Registration for the Meeting will commence at 16:30 pm.

Agenda 1. Opening of the meeting. 2. Election of chairman for the meeting. 3. Preparation and approval of voting list. 4. Approval of the agenda. 5. Election of two persons to attest to the accuracy of the minutes. 6. Decision on whether proper notice of the Meeting has been made. 7. Presentation of the annual report and the auditors’ report, as well as of the consolidated financial statements and the auditors’ report for the Genovis Group. 8. The president's speech, after which shareholders will have the opportunity to ask questions to the president, chairman of the board and the auditors. 9. Resolutions regarding a. Adoption of the income statement and the balance sheet for the parent company, as well as of the consolidated income statement and the consolidated balance sheet for the Genovis Group. b. Disposition of Genovis’ profit/loss in accordance with the approved balance sheet. c. Discharge from liability of the Members of the Board of Directors and the President. 10. Decisions on the number of Members and Deputy Members of the Board of Directors, who shall be appointed by the Meeting. 11. Decisions on the compensation that shall be paid to the Board of Directors. 12. Decisions on the compensation that shall be paid to the auditors. 13. Election of Chairman of the Board of Directors and other Members of the Board of Directors. 14. Appointment of Directors to the Nomination Committee and adoption of instructions for the Nomination Committee. 15. Proposals for resolution on guidelines for salary and on other remuneration for the President and other Members of the management. 16. Proposal for resolution on amendment of the Articles of Association. 17. The Board of Director's proposal to decide upon a new share issue. 18. Other business to be addressed by the general meeting in accordance with the Swedish Companies Act or the Articles of Association. 19. Conclusion of the Meeting The Board of Directors’ proposals for decision Item 16 - Amendment of the Articles of Association The Board of Directors proposes that the paragraph 4 and 5 in the Articles of Association is amended as follows: 4 Share capital The share capital shall comprise at the lowest nine million six hundred (9,600,000) SEK and at the highest thirty-eight million four hundred thousand (38,400,000) SEK. 5. Number of shares The number of shares shall be at the lowest twenty-four million (24,000,000) and at the highest ninety-six million (96,000,000). Item 17 - Authorization for the board to decide upon a new share issue The board proposes that the AGM decides upon a new share issue with preemptive rights for current shareholders, at which one existing share give right to the subscription of one new share at issue price of SEK 1 per share. The share capital will at the most rise by SEK 9,835,935.6 by the issuing of new shares to a maximum of 24,589,839 at full subscription. Following the completed share issue the share capital will amount to, at the maximum, SEK 19,671,871.2 and the number of shares to 49,179,678. The company receives approx. SEK 24.5 million before costs for the share issue. The share issue results in a dilution effect of 50%. Participation To be entitled to participate in the business of the Meeting, shareholders must be recorded in the register of shareholders maintained by Euroclear Sweden AB (former VPC AB, the Swedish Securities Register Center) no later than, March 24, 2010, and must notify Genovis of their intention to attend the Meeting no later than March 24, 2010. Nominee-registered shares Shareholders whose shares are registered in the name of a nominee through the trust department of a bank or similar institution must, in order to be entitled to participate in the Meeting, request that their shares are temporarily re-registered in their own names in the register of shareholders maintained by Euroclear Sweden AB. Such registration must be effected March 24, 2010. Shareholders are requested to inform their nominees well in advance of this date. Notification • mail to GENOVIS AB (publ), Box 270, 220 07 Lund • telephone +46 (0)46-10 12 38 • fax +46 (0)46-12 80 20 • e-mail: info@genovis.com When registering, shareholders should state their: • name/company name • personal identification or corporate identity number • address, telephone number • name and personal identification number of any representatives • name of the attendance of any assistants Documents Accounting documents and the Audit report as well as the Nomination Committee and Board Board of Directors' complete proposals will be made available at Genovis and on Genovis website no later than March 16, 2010 and will be sent to shareholders that request the Company to do so.. Lund Mach 2, 2010 Board of Directors