Evolution

In accordance with the resolution of the Annual General Meeting, the three largest shareholders in the company as per the last business day of August who wish to appoint a representative shall appoint the Nomination Committee. If any of these shareholders chooses to waive their right to elect a representative, their right is transferred to the shareholder who, after these shareholders, has the largest share ownership and wishes to use this right. In addition, a member of the Board of Directors who is independent in relation to the company's management shall be a member of the Nomination Committee.

The Nomination Committee ahead of the 2025 AGM consists of the following members:

• Martin Rosell (appointed by Österbahr Ventures AB), Chairman
• Johan Sjöström (appointed by Andra AP-fonden, AP2)
• Ian Livingstone (appointed by Richard Livingstone)
• Joel Citron (board member)

A shareholder who wishes to submit a proposal to the Nomination Committee shall do this by a written request to the following address:

Evolution AB (publ)
Attn. Nomination Committee
Hamngatan 11
SE-111 47 Stockholm
Sweden

Proposals have to be received no later than 1 February, 2025, to be considered by the Nomination Committee.

The AGM will be held in Stockholm, Sweden on 5 May 2025.