Extraordinary General Meeting Notice

23 Dec 2024 18:21 CET

Date: December 23, 2024
ISIN: DK0061676400


TO THE SHAREHOLDERS OF WPU - WASTE PLASTIC UPCYCLING A/S, (CVR) NO. 41873264


Pursuant to the Articles of Association, an extraordinary general meeting of WPU
- Waste Plastic Upcycling A/S is hereby announced and convened to take place on:

Wednesday, January 8, 2025 at 10:00 CET
At Gorrissen Federspiel Law Firm
Axel Towers, Axeltorv 2,
DK-1609 Copenhagen V,
Denmark

as a physical meeting without electronic participation.

WPU - Waste Plastic Upcycling A/S (“WPU” or the “Company”) is a Danish company
and is subject to the rules of the Danish Companies Act.

Agenda for the Extraordinary General Meeting:

1. Appointment of the meeting Chair.

2. Language of the general meeting

3. Proposal to elect Ms. Alexandra Wentworth-Foster to the Company’s Board of
Directors.

Additional details regarding the agenda items are provided below.


Item 1: Appointment of meeting Chair

In accordance with Article 5.7 of WPU’s Articles of Association, the Board of
Directors will appoint a Chair of the meeting.


Item 2: Language of the General meeting

As outlined in Article 6.1 of the Articles of Association, the Board of
Directors propose that the language of the general meeting will be conducted in
English, with no simultaneous interpretation to or from Danish.


Item 3: Proposal to elect Ms. Alexandra Wentworth-Foster to the Company’s Board
of Directors

Former Chairperson Niels Stielund and former Vice Chairperson Klaus Lindblad
resigned from the Board of Directors in connection with the transactions
described in company announcement no. 16 published by WPU on December 17, 2024.
Their resignations became effective upon the completion of the transaction on
December 20, 2024.

The composition of the Board of Directors of the Company at the date of the
extraordinary general meeting is as follows:

1. Mr. Tom Baker (Chairperson)
2. Mr. Eduard Ruijs (Vice Chairperson)
3. Mr. Jérôme Schmitt

The Board of Directors recommends the election of Ms. Alexandra Wentworth-Foster
as a new member of the Board of Directors. This proposal aims to enhance the
Board of Director's capacity and expertise in guiding the Company.

Ms. Alexandra Wentworth-Foster's CV is attached to this notice.


-o0o-


Voting Requirements

Approval of item 2 and 3 on the agenda requires a simple majority vote.

Share Capital and Voting Rights

As of the date of this notice, the Company's nominal share capital amounts to
DKK 527,075.53, divided into 52,707,553 shares, each with a nominal value of DKK
0.01. According to Article 3.1 of the Articles of Association, each share of a
nominal value of DKK 0.01 carries one vote.

Shareholders holding shares are entitled to attend general meetings, cast votes,
ask questions, and propose items for inclusion on the agenda, subject to the
provisions outlined in the Articles of Association.

Shareholding and votes

A shareholder's right to participate in the general meeting, along with the
number of votes they are entitled to cast.

The shareholding for each shareholder will be established based on:

(i) the shares registered in their name in the shareholders' register as of the
general meeting, and
(ii) any notifications of shareholdings (along with appropriate documentation)
submitted to the Company but not yet recorded in the shareholders' register by
the general meeting.

Shares Held Under Depository/Nominee Banks

Shareholders with shares registered under the name of a depository or nominee
bank, rather than their own name, who wish to exercise their rights at the
annual general meeting are advised to contact their depository or nominee bank
well in advance of the general meeting. This ensures that correct and complete
notifications and documentation are provided to the Company no later than the
general meeting.

Notice of Participation

For practical purposes, shareholders or their proxies wishing to attend the
general meeting are asked to submit a written Notice of Participation.

Notices can be sent via email to CFO Thomas Åberg at ta@wpu-dk.com and are asked
to be received no later than 23:59 CET on January 3, 2025.


Proxy

If you are unable or choose not to attend the general meeting, you may appoint a
proxy to vote on your behalf.

To do so, please complete and sign a written proxy form together with
documentation of ownership, then email it to CFO Thomas Åberg at ta@wpu-dk.com.
Proxies must be received by 23:59 CET on January 3, 2025 and/or brought to the
general meeting.

The Company can provide a proxy template within 2 business days upon request.

________________________________________


Personal Data Processing

WPU - Waste Plastic Upcycling A/S processes your personal data solely for the
purpose of convening and conducting the extraordinary general meeting. In this
context, your information may be shared with select service providers.
________________________________________

-o0o-
Fårevejle, December 23, 2024

Kind regards,

The Board of Directors
WPU – Waste Plastic Upcycling A/S



CV of Alexandra Wentworth-Foster

Profession: Investment Professional at Vitol
Experience: Over twenty-years’ experience in the commodities industry. Alexandra
has broad structuring and execution experience. Currently working in Vitol’s
investments team leading transactions with an energy transition focus.
Management positions: Ms. Alexandra Wentworth-Foster does not hold any
management or board of director seats in other companies.

More information:
Access the news on Oslo Bors NewsWeb site

635639_WPU - Waste Plastic Upcycling AS - EGM notice.pdf