CDON AB

At CDON AB's Annual General Meeting on May 7, 2025, several resolutions were passed. The income statement and balance sheet for 2024 were adopted, and it was decided that no dividend would be paid, with profits carried forward. The Board of Directors and CEO were discharged from liability for 2024. Board fees were set, with SEK 350,000 for the Chairman and SEK 225,000 for other members. The auditor's fees will be paid as per invoice. Six Board members were elected, including new members Alexander Bricca, Houman Akhavan, Mikaela Willman, and Felix Erhardt, with Christoffer Norman re-elected as Chairman. Öhrlings PricewaterhouseCoopers AB was elected as the auditor. A warrant-based incentive program for senior executives was approved, allowing them to acquire up to 122,349 warrants. The Board was authorized to issue new shares up to 25% of outstanding shares, with potential deviations from shareholders' preferential rights, to enhance financial flexibility and support strategic initiatives. CDON AB, a leading Nordic marketplace group, operates CDON and Fyndiq and is listed on Nasdaq First North Growth Market.

CDON AB's Board of Directors has initiated a process to explore strategic alternatives to maximize the company's potential. This review will consider various options, including a take-private transaction, capital raising for growth, sale of the company (in whole or in part), and other strategic transactions. ABG Sundal Collier and Vinge have been appointed as financial and legal advisors, respectively. This information was disclosed in compliance with the EU's Market Abuse Regulation. CDON AB, a prominent marketplace group in the Nordics, owns and operates CDON and Fyndiq, and is listed on Nasdaq First North Growth Market.

CDON AB will release its interim report for January to March 2025 on April 24, 2025, at 13:00 CEST. A presentation of the report will follow at 14:00 CEST, led by CEO Fredrik Norberg and CFO Carl Andersson, and will be accessible via webcast and teleconference. Participants can ask questions during the presentation, which will be conducted in English. CDON, founded in 1999, is a leading Nordic marketplace offering a wide range of products and is listed on Nasdaq First North Growth Market. Its subsidiary, Fyndiq, acquired in April 2023, operates a marketplace for bargain products in Sweden and other Nordic countries.

CDON AB is convening its Annual General Meeting (AGM) on May 7, 2025, at 15:00 CEST, to be held digitally. Shareholders can participate via postal voting or the Videosync platform. To attend, shareholders must be registered with Euroclear Sweden AB by April 28, 2025, and notify participation by April 30, 2025. The meeting will address standard AGM items such as the election of the Board of Directors and auditors, approval of financial statements, and discharge of liability for Board members and the CEO. Proposed resolutions include a warrant-based incentive program for senior executives and authorization for the Board to issue new shares. The Nomination Committee suggests re-electing certain Board members and appointing new ones. The meeting will also discuss fees for Board members and auditors. The AGM aims to enhance the company's financial flexibility and strategic shareholder engagement.

CDON AB will release its fourth quarter and full-year 2024 report on February 13, 2024, at 13:00 CET. A presentation for investors, analysts, and media will follow at 14:00 CET via webcast and teleconference, led by CEO Fredrik Norberg and CFO Carl Andersson. Participants can ask questions during the presentation, which will be conducted in English. Details for accessing the webcast and teleconference are provided. CDON, founded in 1999, is a leading Nordic marketplace with a wide product range and over 1,500 merchants. Its shares are listed on Nasdaq First North Growth Market. Fyndiq, a subsidiary since April 2023, offers bargain products and operates primarily in Sweden, with additional sites in Finland, Norway, and Denmark.

Richard Shapiro has resigned from the Board of Directors of CDON AB, effective immediately. He was initially nominated by a former large shareholder who is no longer invested in the company. Despite his resignation, Shapiro expressed optimism about CDON's future and confidence in its leadership. The Board, now consisting of four members, still meets the requirements of CDON's articles of association, so no extraordinary general meeting will be held to appoint a new member. Shapiro's resignation is awaiting confirmation by the Swedish Companies Registration Office, and he will not be involved in further Board activities. The Board Chair, Christoffer Norman, thanked Shapiro for his contributions. CDON is the largest marketplace in the Nordic region, and its subsidiary Fyndiq operates a marketplace for bargain products.

CDON AB's Nomination Committee for the Annual General Meeting 2025 has been appointed according to the instructions set in 2021. The committee comprises Jonathan Buba from Nantahala Capital, Ebba Ljungerud from Rite Ventures, and David Kanen from Kanen Wealth Management, with Ebba Ljungerud elected as Chair. The committee is responsible for preparing proposals on various AGM resolutions, including board and auditor elections, remuneration, and potential changes to committee instructions. The AGM is scheduled for May 7, 2025, in Stockholm. Shareholders can submit proposals to the committee via email or post. CDON, founded in 1999, is the largest Nordic marketplace, and its shares are listed on Nasdaq First North Growth Market. Fyndiq, a subsidiary since April 2023, operates a marketplace for bargain products across Sweden, Finland, Norway, and Denmark.

CDON AB will release its interim report for July to October 2024 on Thursday, October 24th, at 13:00 CEST. A presentation for investors, analysts, and media will follow at 14:00 CEST, conducted by CEO Fredrik Norberg and CFO Carl Andersson. The presentation, held in English, will be available via webcast and teleconference, with opportunities for participants to ask questions. Registration links for the webcast and teleconference are provided. CDON, founded in 1999, is the largest marketplace in the Nordic region with over 1,500 merchants and a wide range of products. Its shares are listed on Nasdaq First North Growth Market. Fyndiq, a subsidiary of CDON since April 2023, operates a marketplace for bargain products and is headquartered in Stockholm.