ARTICLES OF ASSOCIATION FOR GRANGEX AB (PUBL)
Adopted at the Extraordinary General Meeting on 27 February 2026
Corporate registration number: 556710–2784
§1. COMPANY NAME
The company’s name is GRANGEX AB (publ).
§2. REGISTERED OFFICE
The Board of Directors shall have its registered office in the Municipality of Stockholm.
§3. LOCATION OF GENERAL MEETING
General meetings shall be held in the municipality where the Board of Directors has its registered office, or in the Municipality of Östhammar, or in the Municipality of Ludvika.
§4. BUSINESS ACTIVITY
The company shall conduct recycling, trading, processing and sale of metal-based raw materials, prospecting and mining operations, own and manage movable and immovable property, as well as conduct activities compatible therewith.
§5. SHARE CAPITAL
The share capital shall amount to not less than SEK 70,000,000 and not more than SEK 280,000,000.
§6. NUMBER OF SHARES
The number of shares shall be not less than 14,000,000 and not more than 56,000,000.
§7. FINANCIAL YEAR
The company’s financial year shall be the calendar year.
§8. BOARD OF DIRECTORS
The Board of Directors shall consist of not fewer than three (3) and not more than nine (9) members, without deputies.
§9. AUDITOR
The company shall appoint one (1) or two (2) auditors, with or without deputies.
§10. NOTICE OF GENERAL MEETING
Notice of a General Meeting shall be given by announcement in the Swedish Official Gazette (Post- och Inrikes Tidningar) and on the company’s website. The fact that notice has been given shall be announced in Svenska Dagbladet.
Notice of the Annual General Meeting and notice of an Extraordinary General Meeting at which amendments to the Articles of Association are to be considered shall be issued no earlier than six weeks and no later than four weeks prior to the meeting.
Notice of any other Extraordinary General Meeting shall be issued no earlier than six weeks and no later than two weeks prior to the meeting.
§11. SHAREHOLDERS
A shareholder or nominee who, on the record date, is entered in the share register and recorded in a central securities register pursuant to Chapter 4 of the Swedish Financial Instruments Accounts Act (1998:1479), or who is recorded in an account pursuant to Chapter 4, Section 18, first paragraph, items 6–8 of said Act, shall be deemed authorised to exercise the rights set out in Chapter 4, Section 39 of the Swedish Companies Act (2005:551).
§12. PARTICIPATION IN GENERAL MEETING
To participate in a General Meeting, shareholders must notify the company no later than the date specified in the notice of the meeting. Such date may not be a Sunday, other public holiday, Saturday, Midsummer’s Eve, Christmas Eve or New Year’s Eve, and may not occur earlier than the fifth weekday prior to the meeting.
§13. PROXY COLLECTION, VOTING BY MAIL, ETC.
The Board of Directors may collect proxies in accordance with the procedure set out in Chapter 7, Section 4, second paragraph of the Swedish Companies Act (2005:551).
The Board of Directors may, prior to a General Meeting, decide that shareholders shall be able to exercise their voting rights by postal voting before the meeting, in accordance with the procedure set out in Chapter 7, Section 4a of the Swedish Companies Act (2005:551).
The Board of Directors may decide that persons who are not shareholders in the company shall, on the terms determined by the Board, be entitled to attend or otherwise follow the proceedings of a General Meeting.